The Arizona Coyotes are staying put. The franchise announced a settlement with the City of Glendale regarding their lease agreement Thursday, which should keep the Coyotes in Arizona for the foreseeable future.
“We have come up with a resolution that works for both sides and is best for the team, our fans, the city and most importantly the taxpayers,” Coyotes co-owner Anthony LeBlanc said in a statement. “Neither side benefits from a long, drawn out legal battle. What’s important is putting this dispute behind us and focusing on growing the Coyotes business and in turn, further growing revenues for the entire Westgate Entertainment District.