Menu
Facilities

Phoenix Mayor To Outline Vision For Taxpayer-Funded Arena To Be Shared By Coyotes, Suns

Phoenix Mayor Greg Stanton today is expected to announce that he "supports pursuing a deal" to build a downtown arena "that would be shared" by the Suns and the Coyotes, according to Gardiner & Harris of the ARIZONA REPUBLIC. Sources said that Stanton will "outline his vision for building a new taxpayer-funded arena" during his State of the City speech. The Coyotes are "looking to exit their tumultuous relationship with the neighboring suburb of Glendale." Meanwhile, the Suns "want a new home to replace the city-owned Talking Stick Resort Arena, among the oldest in the NBA." While the concept of a joint-use arena has "been debated for months, Stanton's declaration would be his first explicit statement pushing the NBA and NHL franchises to negotiate." However, many details, "including the cost, remain unclear." Sources said that the mayor's support will be "contingent on two guiding principles." The first is that the arena "bring more events and people downtown," and the second is that no taxes "be raised to support its construction." The concept of "another arena in the Valley is likely to draw strong opposition from groups opposed to taxpayer subsidies for major-league sports." Even without a tax increase, the city "would be required to hold an election to secure voter support." Suns Owner Robert Sarver said that he is "not opposed to anything in terms of sharing an arena." But he noted that the NBA team is in its current venue "for at least five more years." Coyotes President, CEO & co-Owner Anthony LeBlanc has been "vocal about the hockey team's sense of urgency in building a new facility." Sources said that while a joint-use arena with the Suns and Coyotes is Stanton's "first preference, other partnerships that bring more events to the arena are a possibility," including one with Arizona State (ARIZONA REPUBLIC, 4/19).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2016/04/19/Facilities/Phoenix.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2016/04/19/Facilities/Phoenix.aspx

CLOSE