Glendale terminating Coyotes’ arena lease after 2021-22 season
The City of Glendale is terminating the Arizona Coyotes‘ lease for the city-owned Gila River Arena, leaving the NHL franchise without a home after the upcoming 2021-22 season.
“With an increased focus on larger, more impactful events and uses of the city-owned arena, the city of Glendale has chosen to not renew the operating agreement for the Arizona Coyotes beyond the coming 2021-22 season.”
According to a statement, the team and the city have been operating on a year-by-year lease agreement “for several years” with an annual Dec. 31 deadline for either party to choose not to continue the arrangement.
The building — previously named the Glendale Arena and Jobing.com Arena — has been home to the Coyotes since it opened in December of 2003.
“We are thankful to the NHL and the Arizona Coyotes for being part of the Glendale community for the past 18 years,” Glendale City manager Kevin Phelps said in a statement. “The decision not to renew the operating agreement with the Coyotes was not made overnight or in a vacuum. We carefully weighed input from key stakeholders, our expert economist, our arena management firm and our city council.”
The City of Glendale is terminating the Arizona Coyotes‘ lease for the city-owned Gila River Arena, leaving the NHL franchise without a home after the upcoming 2021-22 season.
“With an increased focus on larger, more impactful events and uses of the city-owned arena, the city of Glendale has chosen to not renew the operating agreement for the Arizona Coyotes beyond the coming 2021-22 season.”
According to a statement, the team and the city have been operating on a year-by-year lease agreement “for several years” with an annual Dec. 31 deadline for either party to choose not to continue the arrangement.
The building — previously named the Glendale Arena and Jobing.com Arena — has been home to the Coyotes since it opened in December of 2003.
“We are thankful to the NHL and the Arizona Coyotes for being part of the Glendale community for the past 18 years,” Glendale City manager Kevin Phelps said in a statement. “The decision not to renew the operating agreement with the Coyotes was not made overnight or in a vacuum. We carefully weighed input from key stakeholders, our expert economist, our arena management firm and our city council.”
