Phoenix Coyotes Net Worth is134 $Million
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The Phoenix Coyotes are a professional ice hockey team that is based in the Phoenix suburb of Glendale, Arizona. Since December 2003, the Coyotes have played their home games at Jobing.com Arena after having spent the previous 7A 1/2 seasons at America West Arena (now US Airways Center) in downtown Phoenix.
The Coyotes were founded in 1972 as the original Winnipeg Jets of the World Hockey Association (WHA) and were one of four franchises absorbed into the NHL when the WHA folded in 1979. The team moved to Phoenix on July 1, 1996.
The NHL has owned the Phoenix Coyotes franchise since 2009. Former owner Jerry Moyes had incurred massive financial losses since his purchase of the team in 2005 and later turned it over to the league after declaring bankruptcy. Moyes had previously attempted to privately sell the team to Canadian billionaire Jim Balsillie, who wanted to relocate the team to Hamilton, Ontario (who had unsuccessfully tried to buy and move at least three other NHL franchises). However, the NHL protested that the attempted sale was a violation of league policy and a court agreed. The league has resisted selling the team to interests that would have moved the team (True North Sports and Entertainment's bid, which would have returned the team to Winnipeg, was rejected, leading the group to buy the Atlanta Thrashers instead), but the loss of financial subsidies from the city of Glendale and relatively low attendance figures have posed as a threat to the team's long-term viability in Arizona.
On May 7, 2012, the Coyotes defeated the Nashville Predators in 5 games to advance to the Conference Finals for the first time since the team's inception. They later lost in five games to the eventual champion Los Angeles Kings.
The team began play as the Winnipeg Jets, one of the founding franchises in the World Hockey Association (WHA). The Jets were the most successful team in the short-lived WHA, winning the Avco World Trophy, the league's championship trophy

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Phoenix Coyotes Latest News

Ex-Coyotes star Jeremy Roenick slams Marshawn Lynch for sitting during anthem before Cardinals game

Roenick, a nine-time NHL All-Star selection who played for the Coyotes from 1996-2001 and 2005-07, took exception to Lynch's decision to sit on a water cooler on his team's sideline during the anthem at University of Phoenix Stadium. "Marshawn you should ...
Posted: August 15, 2017, 2:19 am

Catching up with Sean O'Donnell

He had 229 points (31 goals, 198 assists) in 1,224 NHL games for the Kings, Wild, Ducks, Chicago Blackhawks, Philadelphia Flyers, Phoenix Coyotes, Boston Bruins and New Jersey Devils. "I always joke, I think 30 [general managers] were ready for me to ...
Posted: August 20, 2017, 8:03 pm

The five best inaugural seasons by expansion or relocated franchises

Here are the five best to date: 5. Phoenix Coyotes, 1996-97 — 83 points Few will associate the Coyotes, especially modern day, with on-ice success, but the original Winnipeg Jets were starting to turn things around just as the organization was set to ...
Posted: August 10, 2017, 11:40 am

2017 Preps Football Preview: Centennial

Thus, the Coyotes may not be 100 percent for early season showdowns with Desert Edge and Phoenix Pinnacle. Everyone should be on board for the visit from St. Thomas Aquinas, and it may not be enough. More than 20 players on the Raiders’ roster have at ...
Posted: August 10, 2017, 10:06 pm

Former Arizona Coyote sells $2.6M Scottsdale home

Former Arizona Coyote sells $2.6M Scottsdale home Former Phoenix Coyotes ice hockey defenceman Derek Morris and his wife Jodielynn sold this customhome in north Scottsdale's DC Ranch. Check out this story on azcentral.com: http://azc.cc/2uUkL4q
Posted: August 17, 2017, 2:01 pm
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