Archived Documents and Information Regarding the Purchase and Lease Agreement for the Team:
The city of Glendale is very pleased with the announcement from the National Hockey League (NHL) that IceArizona Acquisition Co., LLC has finalized its purchase of the team. The city is looking forward to working with IceArizona to continue the long-term presence and success of the Coyotes in Glendale.
City Statement: As we move forward, the city and team will focus on building momentum for this season by welcoming new and returning fans to Glendale's Sports and Entertainment District and supporting the many shops and restaurants that make up this important economic engine for the city. We want to thank the dedicated fans for their ongoing support of the team and the city of Glendale. As the anchor tenant for Jobing.com Arena, the Coyotes play more than 40 home games in our city that annually attract more than 500,000 fans and we are looking forward to many successful years ahead.
PDF copy of the city's statement
Coyotes Sale Finalized - Release from NHL
Press Release from the NHL Coyotes
Watch the full Press Conference - Aug. 6, 2013
VIDEO: Members of Glendale City Council React to the Coyotes Sale Finalization
The arena in Glendale has been home to the Coyotes for the last 10 years and the new agreement allows for the team to continue playing in the city, keeps current arena revenues intact and provides new revenue for the city. As the anchor tenant for Jobing.com Arena, the Coyotes NHL schedule includes more than 40 home games that annually attract more than 500,000 fans. Activity from these games generates sales tax revenue at the arena, as well as from numerous surrounding restaurants, hotels and retail shops. Since 2009, when the previous owner of the team unexpectedly filed for bankruptcy, the city has worked diligently with the NHL to find a solution that protects Glendale’s investment in the sports and entertainment district and keeps the team in our city. The vote by the Glendale City Council brings a resolution to this issue and is welcome news to Westgate businesses and hockey fans who attended the council meeting to voice their support for the decision. The city looks forward to the 2013-2014 hockey season where the NHL’s Coyotes will continue to play in their home at Jobing.com Arena in Glendale.
Non-Relocation Agreement 7/8/13
Arena Lease Agreement 7/8/13 (Exhibit E, Exhibit N, and the Standard Conditions of Escrow enclosed in this document are draft only, please disregard them and refer to the final exhibits and attachments posted below)
Final Executed Exhibits:
Safety and Security Agreement
Standard Conditions of Escrow
Supplemental Surcharge Procedures Escrow Agreement
Revised Agreement Ordinance
Revised Agreement Resolution
Update highlighting the city’s counter proposal points 6/28/13
Presentation Slides of Special Council Meeting 6/28/13
Memo to Mr. Bowers from Renaissance 6/26/13
Letter from Mr. Bowers to the Mayor/Council on 6/25/13
Agreement update from the City 6/27/13
Council presentation slides - 11/27/12 Meeting
Click here to review the non-competition and non-relocation agreement compared to June 2012 version (posted 11/27/12)
Click here to review the non-competition and non-relocation agreement compared with the 11/15/12 version (posted 11/27/12)
Click here to review the substantial final draft of the non-competition and non-relocation agreement (posted 11/27/12)
Click here to review the substantial final draft of the Arena Lease and Management Agreement (posted 11/27/12)
Click here to review the substantial final draft of the Arena Lease and Management Agreement compared to June 2012 version (posted 11/27/12)
Click here to review the substantial final draft of the Arena Lease and Management Agreement compared to 11/15/12 version (posted 11/27/12)
Click here to review draft arena management agreement (11/16/12)
Click here to review the draft non-competition & non-relocation agreement (11/16/12)
Click here to review the combined exhibits (11/16/12)
Click here for the city statement (11/16/12)
The Glendale City Council approved an agreement at a special meeting on June 8 that will keep the NHL Coyotes in Glendale for the next 20 years. To read the press release regarding that vote and meeting, click here.
Click here for an official statement from the city from June 5, 2012.
Click here for a summary of main points regarding the draft arena use agreement.
Click here to review the draft arena use agreement.
Click here to review the draft non-competition and non-relocation agreement.
Click here to review the Analysis and Comparison of the Phoenix Coyotes and Jobing.com Arena.
Click here to review the Study: Comparison of Operating Costs for Similar Arenas.
Click here to review the gift clause analysis.
Click here to view the city's rejection letter to referendum petitions that sought to address a portion of the Coyotes agreements. To view the press release, click here.
City Attorney Craig Tindall discusses two subjects on "Arizona Horizon": The city's position on rejecting petitions seeking a referendum on the city's arena lease agreement and a separate issue, Glendale rejecting an initiative petition against the city's temporary sales tax increase. Watch the video here
Update on NHL Coyotes Purchase – Aug. 19, 2011
Click here for the latest statement from the city of Glendale regarding the purchase of the NHL Coyotes.
Record-Setting Online Viewers for Council Meeting for Glendale & NHL Coyotes Agreement
Glendale set a record for online viewers as nearly 9,000 people watched live and online the May 10 Glendale City Council meeting as the Council approved a one-year extension to its current Arena Management Agreement with the NHL. Click here for the most recent press release (pdf).
Watch meeting online
Frequently Asked Questions - Glendale & NHL Coyotes Agreement
The city of Glendale is releasing an FAQ sheet to present facts about its business
agreement with Matthew Hulsizer, a potential buyer of the National Hockey League (NHL) Coyotes team. This FAQ has been designed to alleviate the misinformation created by the Goldwater Institute.
Click here (pdf)
Click here to watch the March 3 press conference
Update on Purchase of NHL Coyotes - Feb. 15, 2011
The Glendale City Council voted on Feb. 15, 2011 to move forward with the presented lease agreement between the city of Glendale and a potential new owner for the National Hockey League (NHL) Coyotes.
Click here to view the Feb. 15 council agenda | Watch video of council meeting
Update on Purchase of NHL Coyotes - Dec. 14, 2010
The Glendale City Council voted on Dec. 14 to approve a new lease agreement between the city and a potential owner for the National Hockey League (NHL) Coyotes to use the city-owned Jobing.com Arena.
Click here to download and read an updated PDF statement from the city of Glendale.
Click here to view the council agenda for the Dec. 14 meeting, which includes the new lease agreement.
Statement from the city of Glendale - Dec. 11, 2009
The city of Glendale is pleased that the National Hockey League has concluded the initial negotiations for the sale of the Coyotes and is entering into a letter of intent with Ice Edge Holdings to immediately assume operations of the team.
The transfer of ownership and possession to Ice Edge Holdings is a major and final step in establishing the long-term presence of hockey in Glendale, Arizona.
City of Glendale Statement Regarding NHL Meeting - Nov. 16, 2009
Today, the city of Glendale had a very positive meeting with the NHL to reaffirm the process for keeping the team in Glendale. It was confirmed that the parties are all on the same page and we are moving forward to secure a new owner that will keep the team playing in our city for years to come.
Nov. 15, 2009 - Article from the Arizona Republic - " McCain Hopes Coyotes Stay in Valley"
by Jim Gintonio - Nov. 15, 2009 03:04 PM
The Arizona Republic
Click here to read the article (PDF)
City of Glendale Statement - Nov. 2, 2009
The city is extremely pleased that the NHL is now the formal owner of the Coyotes. This will allow for an organized process for the transfer of permanent ownership to a qualified management group. The city of Glendale appreciates the efforts made by the league to protect Glendale's interest in the Jobing.com Arena. This now opens up the opportunity to initiate and finalize negotiations with other parties for the long-term success of the team in Glendale.
Sept. 30, 2009 - Statement from city of Glendale regarding ruling by Judge Baum
Throughout this process, the city of Glendale has been committed to protecting the best interests of its citizens, business owners and taxpayers by ensuring the team’s presence in Glendale. After an initial review, Glendale believes today’s ruling by Judge Baum supports these efforts in three key areas:
- Denies the bid submitted by Jim Balsille on behalf of PSE, which would have moved the
team out of Glendale
- Protects the right of the NHL
- Provides an opportunity for the NHL to re-submit its bid, which Glendale believes in is in
the best interest of the team and the city
Glendale is extremely pleased that the court has denied the bid that would have moved the team and pending further legal analysis of the ruling, looks forward to working with the NHL to keep the Coyotes playing in Glendale, Arizona for years to come.
Sept. 11, 2009 - City of Glendale Statement Regarding Judge Baum’s Request for Clarification of Bids
The city of Glendale respects Judge Baum’s efforts to clarify all terms of the existing bids. These clarifications, which are due to the court on Tuesday, are an important component to moving forward in this process. We are optimistic that these clarifications will facilitate the identification of a buyer who will keep the team in Glendale.
Judge Issues Ruling Granting Glendale Relief in Public Records Request Case
The Honorable Judge Edward Burke has issued a minute entry ruling in the Goldwater Institutes v. City of Glendale Lawsuit, to allow 322 documents related to negotiations related to the Phoenix Coyotes to remain under seal.
Read release (pdf) | Read minute entry ruling (pdf)
June 15 , 2009 - Statement from the city of Glendale Regarding Coyotes:
Glendale is extremely pleased with Judge Baum's ruling. Clearly, the Court recognized the significance of these issues and the unique interests of the City of Glendale and its taxpayers. The court based its decision on the law and facts and not on countless rumors and innuendo regarding this matter. The City has always fulfilled its obligations and will continue to do so within the law and consistent with strong public policy.
This establishes that professional hockey is viable in the Valley and as stated earlier tonight in a written statement, the NHL is committed to the team remaining in Glendale, AZ. We are anxious to begin working in earnest with the Coyotes' new ownership and the National Hockey League to protect our community's investment and deliver a quality product for loyal Coyotes fans.
NHL Support Letter
CLICK HERE to read a letter of support from the NHL.
Judge Issues Ruling That Denies Goldwater Institute Motion
The Honorable Redfield T. Baum of the United States Bankruptcy Court has issued a ruling in response to a motion filed by the Goldwater Institute to be recognized and heard on issues related to the bankruptcy filing.Read minute entry ruling (pdf)