REPORT: Capitals key man rejects new contract, choses to sign with rival.
The Arizona Coyotes are reportedly preparing for a move to Salt Lake City, Utah as soon as next week when their regular season concludes.
“Nothing about hockey in Arizona is easy,” the narrator with a deep, velvety voice says. “We’re used to taking the hard road in the desert. Nothing is given. Everything is earned.”
Despite the ridiculous branding video, the NHL appears committed to getting the Coyotes out of Arizona. According to Sportsnet’s Elliotte Friedman, the league sent a memo to its Board of Governors indicating progress in talks to move the Coyotes to Utah. While the hockey insider clarifies that nothing is set in stone, the league is in active negotiations with current Coyotes owner Alex Meruelo and the potential owner of any Utah team, Ryan Smith.
Per ESPN, the league could purchase the team from Meruelo for $1 billion and sell to Smith for $1.3 billion, sharing the $300 million of profits with the other 31 NHL franchises.
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