The Arizona Coyotes $50 million monetary losses ‘out clause’ has often been mentioned as the team’s reason to possibly leave the desert.
Team President and CEO Anthony LeBlanc inferred such an issue is a moot point at this juncture. Because the Glendale City Council voted to terminate the Coyotes’ operating agreement for Gila River Arena on Wednesday night.
“Guess what, we have an out right now. We’re going the other way,” LeBlanc said.
Burrrrrrrrrrrn?
Perhaps.
The man definitely has the gift of gab and comes across as a very persuasive speaker.
“We continue to believe very strongly in this as a hockey market and we feel strongly that the actions by council last night were a violation under the obligation of their agreement and a blatant violation of their contractual obligations,” he said.