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.
- Video: Bolts lose Garrison, Paquette in loss to Wings 3
- Bruins ruin Lundqvist’s return 26
- Video: Letang hospitalized after Doan hit (Update) 42
- Bruins chalk Rask’s absence up to dehydration (Update) 4
- Happy returns: Datsyuk plays for Detroit 2
- Gearing up: Malkin, Hornqvist return for Pens 0
- Five big games to watch this weekend 8
- Video: Kessel, Booth get into altercation at Leafs practice 34
- Playoff watch — what the bubble teams need to do 29
- After Howard fails to ‘bounce back,’ Mrazek to receive ‘opportunity’ 36
- Dreger: ‘In Kessel’s case, I firmly believe he’s going to be traded’ (73)
- Coyotes ‘win’ against Sabres in OT (58)
- Red Wings beat Blues in OT, but should winning goal count? (56)
- Tank-worthy? Connor McDavid finishes OHL season with 120 points in 47 games (56)
- Report: No fine or suspension for Tyler Toffoli’s hit on Alex Burrows (51)