Skip to content

New Coyotes owners have ‘no plans’ to relocate or lose $50 million

Aug 17, 2013, 2:14 PM EST

George Gosbee, Gary Bettman, Anthony LeBlanc

Now that the Phoenix Coyotes have new owners, they’re looking forward to helping establish the team’s hold in the desert. Of course, that won’t stop some from looking at the five-year out-clause IceArizona has.

As Coyotes Chairman and Governor George Gosbee tells The Canadian Press, they have no plans or intent to move it or lose it.

“It’s frustrating for me because for this exit clause to kick in, we have to lose $50 million and that’s not something I want to do,” Gosbee said. “We came into this to build a successful organization in Phoenix and that’s our plan. We have no plans of relocating anywhere else and we have no plans to lose $50 million, I can tell you that.”

Well that’s a relief!

Snark aside, it’s good to know Gosbee and Anthony LeBlanc along with rest of the IceArizona group know what they’re getting into. The job they’ve got to do to further inspire fans to come out to Glendale won’t be easy. Or maybe it will be if fans were merely staying away because they didn’t want their hearts ripped out if the team moved.

The best thing they can do is make sure they ice an entertaining and competitive team.

Related: Don Maloney happy to lead Coyotes into the future

Latest Posts
  1. New-look Blackhawks steamroll Hurricanes

    Mar 2, 2015, 11:23 PM EST

    Carolina Hurricanes v Chicago Blackhawks Getty Images

    Kimmo Timonen and Antoine Vermette made their debuts.

  2. Rangers handle Predators, win in Yandle’s debut

    Mar 2, 2015, 9:56 PM EST

    Nashville Predators v New York Rangers Getty Images

    An impressive effort for a team going all-in.

  3. That was fast: Petry will play for Habs tonight

    Mar 2, 2015, 8:14 PM EST

    Edmonton Oilers v Toronto Maple Leafs Getty Images

    He’ll pair with Sergei Gonchar to start.

  4. Rutherford: ‘Our guys felt very strongly about reacquiring’ Lovejoy

    Mar 2, 2015, 5:59 PM EST

    2014 NHL Draft - Round 2-7 Getty Images

    “We were looking to upgrade, add more of a veteran presence.”

  5. Chiarelli: Bruins ‘cap crunch’ made it ‘tough’ to get trades done

    Mar 2, 2015, 5:49 PM EST

    Peter Chiarelli

    “It’s just hard to get a deal done, and you see the prices are so high.”

  6. Rangers sign Zuccarello to a four-year, $18 million extension

    Mar 2, 2015, 5:10 PM EST

    2014 NHL Stanley Cup Final - Game Five Getty Images

    He gets a no-trade clause in the first year of the deal.

  7. Giordano to have surgery, is ‘done for the season’

    Mar 2, 2015, 5:09 PM EST

    Winnipeg Jets v Calgary Flames Getty Images

    “Devastating” news for the Calgary Flames.

  8. Flyers sign Bellemare to a two-year, $1.425 million extension

    Mar 2, 2015, 4:47 PM EST

    Washington Capitals v Philadelphia Flyers Washington Capitals v Philadelphia Flyers

    He was scheduled to become a restricted free agent after this season.

  9. PHT’s 2015 NHL Trade Deadline Tracker

    Mar 2, 2015, 4:00 PM EST

    Buffalo Sabres v New York Rangers Getty Images

    All the latest leading up to 3 p.m. ET…

  10. Ducks get their veteran d-man, adding Wisniewski from Columbus

    Mar 2, 2015, 3:57 PM EST

    James Wisniewski Getty Images

    They were “adamant” about bolstering their blue line.

Featured video

Trade deadline storylines to watch
Top 10 NHL Player Searches
  1. M. Giordano (2924)
  2. F. Andersen (2843)
  3. T. Seguin (2749)
  4. N. Horton (2631)
  5. K. Okposo (2604)
  1. H. Lundqvist (2511)
  2. B. Wheeler (2432)
  3. P. Kane (2216)
  4. H. Zetterberg (2172)
  5. T. Hall (2160)