Lease clears way for sale of Coyotes
GLENDALE, Ariz. -- The Glendale City Council has approved a new lease for the Phoenix Coyotes, clearing the way for sale of the team by the NHL to Chicago businessman Matt Hulsizer.
The council voted 5-2 late Tuesday night in favor of the lease, which will cost the city $197 million over a six-year period. Hulsizer is expected to pay about $170 million for the team.
NHL commissioner Gary Bettman attended the meeting and assured the council that the league's board of governors would ...
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