Despite New Owner's Deep Pockets, Arizona Coyotes On Thin Ice Financially
Financial issues and arena questions are nothing new with the Arizona Coyotes. But those concerns were supposed to be pushed aside when Alex Meruelo took over as the NHL team’s owner in 2019.
The big difference between the current questions and what happened in the past is that no one doubts the size of Meruelo’s businesses and bank accounts. But the Coyotes reportedly owe nearly half a million dollars to ASM Global, which manages the Glendale-owned venue where the team plays — Gila River Arena.
To explain what’s happening on and off the ice with the Coyotes is Craig Morgan of the Arizona Coyotes Insider.