The ownership group trying to buy the Phoenix Coyotes and keep them in Glendale believes it is addressing city concerns about an arena deal.
But if Renaissance Sports & Entertainment and the city of Glendale cannot come to terms on arena management payments by Friday, the NHL may pull the plug on the deal and the team’s future in Arizona.
“The thing is, if there’s not some sort of framework in place for a deal by Friday, you have to imagine the NHL will pull the plug. This can’t continue to drag on into July,” said an executive working close to the deal. MORE: Full coverage of the Coyotes sa
