Friday, April 24, 2026
FOS Expands to TV More Details

Former Coyotes Owner Says NHL ‘Compelled’ Him to Sell Franchise

Former Coyotes owner Alex Meruelo says the NHL “compelled” him to suspend his franchise rights, a critical legal distinction as he seeks the return of a Mullett Arena security deposit. 

Thomas Hawthorne/The Arizona Republic-Imagn Images

The Utah Hockey Club continues to thrive in its new locale, drawing vibrant crowds to the Delta Center in Salt Lake City while competing for a playoff spot and nearing a permanent name for the franchise. Recriminations, however, remain in the team’s former Arizona home.

IceArizona, the Alex Meruelo–led entity that owned the former Coyotes franchise, has filed a lawsuit in Maricopa County (Ariz.) Superior Court, seeking to recoup a $3.5 million security deposit for use of the 5,000-seat Mullett Arena at Arizona State University. The team was originally set for a third season at the facility, roughly one-third the size of the smallest NHL arena, before the league approved the franchise shift in April 2024. 

The legal action is against the Arizona Board of Regents, which oversees the state’s public universities, and Oak View Group Facilities, which operates Mullett Arena. The lawsuit, however, also contains a significant broadside against the league as IceArizona says it was “compelled by the NHL to agree to suspend its franchise rights and sell its hockey operations assets.”

That isn’t necessarily a radical departure from comments last year in which Meruelo said he initially told the league he was “not going to sell the team.” 

Describing a compelled sale in a lawsuit, however, is entirely a different matter. Legally, it’s also a critical distinction as IceArizona is claiming a force majeure situation that would free it from any further lease obligations and support the return of the security deposit. The Board of Regents and OVG have previously claimed that with the Coyotes’ departure, the team broke the third season of a three-year lease. 

Though Meruelo originally had a five-year window to revive the Coyotes franchise, premised in large part on developing a new venue, he has since abandoned efforts to do so

The Coyotes’ situation, meanwhile, is not the only current scenario involving a potential forced sale of a pro franchise. The Rays and owner Stu Sternberg, facing their own heightened facility challenges, are also under rising pressure from MLB to sell the club

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Seattle Torrent @ Vancouver Goldeneyes at Pacific Coliseum

How PWHL’s Gold Plan Takes Tanking Off the Table

The system determines which team earns the top PWHL draft pick.
Apr 15, 2026; Buffalo, New York, USA; Buffalo Sabres defenseman Bowen Byram (4) clears the puck from the goal with Dallas Stars left wing Adam Erne (73) in pursuit in the third period at KeyBank Center.

New-Look NHL Playoffs Set As League Rides Attendance Wave

This year’s playoff field includes several upstarts and fresh storylines.
Apr 15, 2026; Inglewood, California, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Clippers guard Kris Dunn (8) and guard Darius Garland (10) in the second half during the play-in rounds of the 2026 NBA Playoffs at Intuit Dome.
exclusive

NBA Is in Talks With Kalshi and Polymarket

Discussions ramped up after the CFTC began engaging with leagues, sources say.

NHL, Capitals Brace for Life After Ovechkin—and a Huge Void

The Russian superstar has driven extensive business across hockey.

Featured Today

INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.

Pittsburgh Draws Record 320,000 for Draft’s First Round

Fans flocked to the Steel City and smashed the event’s prior record.
April 23, 2026

NFL Draft Brings Flurry of Trades: Eight Deals Among 11 Teams

Kansas City moved up to the No. 6 pick in a deal with the Browns.
April 23, 2026

Rams Draft Ty Simpson at No. 13 Despite Stafford’s MVP Season

Matthew Stafford won the NFL MVP in 2025.
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
April 23, 2026

Raiders Take Fernando Mendoza No. 1 Overall in NFL Draft

The Heisman Trophy winner will be seen as a franchise cornerstone.
April 23, 2026

PGA Tour Lays Off 56 Employees As Shift Under Rolapp Continues

The layoffs represent roughly 4% of the tour’s workforce.
Roger Goodell, Lucy Popko
April 23, 2026

Meet Roger Goodell’s NFL Draft Night Pronunciation Whisperer

Goodell announces the names of all 32 first-round picks.
2026 Kentucky Derby hopeful Litmus Test, ridden by Martin Garcia, works during morning training at Churchill Downs in Louisville, Kentucky. The Bob Baffert-trained horse is currently at No. 21 on the Kentucky Derby leaderboard. April 23, 2026
April 23, 2026

Churchill Downs Purchase of Preakness IP Is ‘Starting Point’

“I can’t imagine they bought this only for the fees in the long run.”