May 23, 2012, 10:21 AM EDT
We know Coyotes fans are bummed out pretty bad about seeing their team knocked out of the playoffs in five games by the Kings, but there was some good news last night.
Round about the same time the Coyotes’ season was coming to an end, the City of Glendale passed a preliminary budget approving $17 million to be set aside to pay prospective owner Greg Jamison to operate Jobing.com Arena. This is the first of three meetings the city will have discussing the budget, but this first step is an important one to show Jamison they’re serious about ponying up to help keep the Coyotes in Arizona.
As you know by now, the NHL reached a tentative agreement with Jamison to buy the Coyotes but there a lot of particulars left to iron out and the lease agreement on the arena is one of the biggest. Should the final budget be approved to pay out the $17 million, the chances Jamison will wind up buying the team and keeping them in Glendale jump dramatically.
A Coyotes season ending in disappointing yet positive fashion but with optimism? That’s a turn for the best.
- Under Pressure: Jimmy Howard 2
- Looking to make the leap: Anthony Mantha 14
- It’s Detroit Red Wings day on PHT 15
- Under Pressure: Nathan Horton 8
- Will Johansen be the latest Overhardt holdout? 24
- It’s Columbus Blue Jackets day on PHT 15
- Shanahan tasked with ending years of collapses 9
- Looking to make the leap: Peter Holland 1
- Under Pressure: Randy Carlyle 5
- Tandem locked: Sens re-sign Anderson to three-year, $12.6M deal 9