Coyotes owner has just five years to get franchise up and reactivated

There will be a lot of moving parts needed to get another hockey team established in Arizona.

[@sampicano]

Winnipeg waited 15 years for a new team (1996-2011) I get that Phoenix is one of the top ten largest cities in America (10th - 4,845,832 population). I also realize that Houston (5th - 7,149,642 population), and Atlanta (6th - 6,104,803 population) are larger than Phoenix and also don't have NHL teams - those are the cities in the South Phoenix is competing with to get an expansion team. I personally feel a 2027 or 2028 date is impossible as of today. Phoenix has no arena. - The starting bid for land starts at $68.5 million (therefore, the closing bid will be MUCH higher) The renderings proposed were for an area, practice facility, hotels, restaurants, a casino etc. - the price tag for the arena is approximately $500 million - the price tag for the entire district was approximately $3 billion The parcel of land for auction - North of Loop 101 on border of Scottsdale Road has: - no existing infrastructure - no water rights - no sewage system built - no road access Therefore the total cost to build will ACTUALLY be higher than $3 billion - you still need to build sewage systems, roads, and acquire water rights...those were not included in the $3 billion proposal. Between 2013 and 2022 the Arizona Coyotes have lost more money than any other team in the NHL - $115.2 million in losses. The Arizona Coyotes are a net loss team since 1997 - meaning the team overall LOST money over the past 28 years - they didn't generate money. As of April 2024 Alex Muerelo's net worth was estimated at $2 billion. - land $68.5 million - arena $500 million - district $3 billion - PLUS YOU NEED ROADS, SEWAGE, WATER RIGHTS....so not $3 billion - actually quite more than $3 billion..... - plus you need to BUY a expansion team (probably $1 billion minimum) The last NHL team to sell was the Ottawa Senators for $950 million - the Arizona Coyotes are allegedly being sold for $1.2 billion. So....$4,068,500,000 Four Billion, Sixty Eight Million, Five Hundred Thousand - would realistically not be enough money to build this district. How is a team that lost $115.2 million dollars ever going to recoup those losses??? The team was overall at a net loss for 28 years - so realistically how many years would it take to recoup $3 billion? One of the lower valued teams - Columbus generates about $30 million a year in profit. $30 million x 100 years = $3 Billion $30 million x 135 = $4,050,000,000 Still not enough to pay for the district and expansion team.... So....Alex Muerelo is not the answer Do the Math