GLENDALE, Ariz. (AP) - The prospective owners of the Phoenix Coyotes have signed their lease agreement for Jobing.com Arena.
Daryl Jones, partner with Renaissance Sports & Entertainment, tweeted on Monday that the lease agreement with the City of Glendale has been executed.
The Glendale City Council approved a 15-year, $225 million arena lease deal with RSE during a special session last week.
RSE still has to complete its purchase of the team and get approval from the NHL's Board of Governors, but those are expected to be formalities.
The Coyotes have been run by the league the past four years after former owner Jerry Moyes took the team into bankruptcy in 2009.

NHL Top Stories

Thumbnail Flames vs. Coyotes Prediction Will the under cash tonight when the Coyotes host the Flames at 9:00PM ET?
Thumbnail Caps, B's poised for ultra-competitive affair Despite minimal offensive contributions, Boston has captured three games in a row entering Wednesday’s matchup against Washington. Will Claude Julien’s club stay...
Thumbnail Montreal surprisingly mediocre on road Home ice has been very good to the Blues so far this season. But will the NHL’s top team put an end to the fun shortly?
Thumbnail Panthers vs. Bruins Prediction The Panthers have been a horrible bet against the Bruins but will they pull off the upset tonight at 7:00PM ET in Boston?
Thumbnail Detroit hopes to hold off surging Pittsburgh So far this season, nothing has been easy for the Red Wings. Add tonight’s matchup against the explosive Penguins to the list.
Advertisement

NHL Team Pages