from Katie Strang of The Athletic,

The City of Glendale has informed the Arizona Coyotes that it will opt out of its joint lease agreement for Gila River Arena, meaning the Coyotes will need to vacate the arena by June 30 of next year, making the 2021-22 season the club’s final one at the facility.

The current lease agreement operates on a year-to-year basis and can be terminated by either party via written notice on or before Dec. 31. The Coyotes also use administrative space within the arena, which the team must also vacate.

The termination notice follows several months of stalled negotiations between the city and the team on the terms of a lease extension and potential renovations to the arena, as well as multiple notices about outstanding and delinquent balances owed by the Coyotes as part of their lease agreement, public records reveal.

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