PHOENIX (AP) - The Glendale City Council has scheduled a vote next Tuesday on a new lease for the Phoenix Coyotes, a long-awaited move that could clear the way for sale of the team by the NHL to Chicago businessman Matthew Hulsizer.
The city announced the scheduled vote when it released the council meeting agenda on Friday.
The NHL purchased the Coyotes in U.S. Bankruptcy Court a year ago with the stated intention of selling it to someone who would keep the team in Glendale. If no such buyer was found, the franchise would leave the state.
Hulsizer met with the executive committee of the NHL Board of Governors this week and came away with the group’s unanimous endorsement of his purchase of the team.
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