Kukla's Korner Hockey

Kukla's Korner Hockey

The New Glendale Agreement

07/24/2015 at 2:01pm EDT

from Peter Corbett and Katy Roberts of the Arizona Republic,

Hockey will return to Gila River Arena this fall after the Glendale City Council this morning unanimously approved an amended two-year agreement with the Arizona Coyotes.

The deal, approved on a 7-0 vote, settles a six-week legal dispute between the city and the team. The new agreement cuts Glendale’s up-front cost from $15 million to $6.5 million but also shifts $6 million of ticket and other revenue to the Coyotes.

The amended contract will save Glendale close to $3 million per year, Interim Assistant City Manager Tom Duensing said.

Council members and Coyotes President Anthony LeBlanc said they hope to work out a longer-term deal between the city and the team.

Vice Mayor Ian Hugh encouraged hockey fans to buy season tickets.

“Hockey is here to stay in Glendale,” Hugh said.

continued

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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