May 23, 2012, 10:21 AM EST
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.
- Comparing the records of all 30 teams in the last two months 58
- Lightning ride Paquette’s first hat trick to Atlantic lead 8
- Price wins goalie duel vs. Lundqvist as Habs edge Rangers 4
- Leafs’ luck: Bernier gives up long distance goal, things unravel in third 20
- AHL announces new Pacific Division — who could go west next? 36
- Babcock didn’t think Wings would be ‘near where we’re at’ 16
- Brodeur announces retirement, leaves ‘the game with a big smile on my face’ 16
- NHL on NBCSN: Sharks’ ‘dog fight’ continues vs. red hot Ducks 5
- NHL on NBCSN: Rangers, Canadiens seek edge as divisional battles intensify 2
- Struggling Kings complete the comeback against Blackhawks 12