SBD/Closing Bell

NHL, Glendale Pledge Commitment To Coyotes Sale Process

The NHL and the city of Glendale on Friday pledged to "reboot efforts to secure" the Coyotes at Arena. The team in the meantime will "continue to play in Glendale under the ownership of the NHL, at least in the short term." After prospective owner Greg Jamison failed to meet a critical negotiating deadline this week, "neither the NHL nor the city offered many details about their next steps." NHL Deputy Commissioner Bill Daly in a statement said, "We remain hopeful the Coyotes sale process will be resolved successfully" (, 2/1).

Meanwhile, Bruins’ team officials claim more than 130,000 complimentary food items were distributed to ticket-holders at the team’s first five home games after the lockout. The savings to consumers was more than $700,000. As a thank you for returning after the lockout, Bruins fans received vouchers while entering the arena for free food and beverage items (Christopher Botta, SportsBusiness Journal).
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