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The valuations are composed of the monetary worth of the ... A pie chart that represents the composition of valuation for the average NHL team. ... Arizona Coyotes ...
In 2021, the Arizona Coyotes entered a two-year deal with Bonneville Phoenix to broadcast the team's games on the radio in the Phoenix market on either KMVP-FM or KTAR. [109] In 2023, the Arizona Coyotes extended the deal with Bonneville Phoenix by one-year. [110] 98.7/KMVP-FM: Phoenix; 620/KTAR: Phoenix (when there was a conflict on KMVP-FM)
With his purchase of the Coyotes, Meruelo became the first Latino owner in the NHL. [19] On March 27, 2023 NHL commissioner Gary Bettman announced that he would become the sole owner of the Arizona Coyotes after Andrew Barroway was indefinitely banned from the league after being arrested for the alleged strangulation of his wife. [20]
The NFL dominates the list of the 50 most valuable sports franchises in the world, with 29 of the 32 teams earning their way onto Forbes' 2024 list.
In October 2014, he agreed to purchase the 51% majority share of the Coyotes for $152.5 million, a franchise that was reportedly valued by Coyotes' president Anthony LeBlanc at $305 million. [2] On December 31, 2014, the NHL Board of Governors approved the sale. [ 3 ]
[7] [8] However, due to stadium construction issues, the team moved to Phoenix to become the Arizona Coyotes. [2] [9] He sold the team in 2001 to Steve Ellman and Wayne Gretzky. [1] [10] While he owned the Arizona Coyotes he employed his son as the team's assistant general manager.
Forbes lists his net worth as of May 2024 at US$10.1 billion. [2] When the Arizona Coyotes of the NHL suspended operations in the Phoenix area and relocated their assets to Salt Lake City, Ishbia announced his interest in reviving an NHL franchise in the Phoenix area. [17]
The $100 million would be raised by a bond issue by the city. The lease would run until 2033, at which point Hulsizer could purchase the arena for $40 million. The Coyotes would make payments totalling $6 million annually to the city. Also under the agreement, the Coyotes would apply to the NHL to rename the team the "Arizona Coyotes". [83]