• Loading stock data...
Thursday, October 9, 2025

New Stadiums, New Hurdles: Coyotes and A’s Face High Stakes

  • The former Coyotes owner takes further steps to try to advance his proposed arena project.
  • Las Vegas officials review a non-relocation agreement from the A’s.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.
Mark J. Rebilas-USA TODAY Sports

The good news for the NHL’s former Coyotes franchise is that owner Alex Meruelo is in active conversations with Phoenix mayor Kate Gallego about the possibility of a new arena. The bad news is that Gallego remains firmly opposed to some core parts of a potential Coyotes arena plan. 

As the team has relocated to Utah and been sold to a group led by Ryan Smith—setting off a five-year window for Meruelo to revive the Coyotes—Gallego’s office late Thursday confirmed a meeting held earlier this month with the owner. The mayor’s representatives called the session “productive,” but emphasized that public funds should not be part of the project. 

“The mayor believes professional hockey can thrive in the desert, but also made clear that she does not support using taxpayer funds, including property tax abatement, for sports arenas,” Gallego’s office said in a statement. 

Prior arena plans released by the team have centered on a privately funded arena, but also creating a special theme park district with taxing authority within it, and using those funds to help finance the project. Whether that aligns with Gallego’s firm stance against taxpayer funds will be the subject of further talks. But already, the Meruelo plan has begun to draw other local opposition

The meeting between Meruelo and Gallego also precedes a public land auction scheduled for June 27. Much of the franchise’s hopes are tied to that event, where Meruelo intends to secure a 110-acre parcel of state-owned land in north Phoenix, initially appraised at $68.5 million. 

Winning that land would represent a critical step forward for Meruelo, but only an initial one with many more hurdles likely still ahead of him. 

Back in Las Vegas

The Las Vegas Stadium Authority, meanwhile, recently reviewed a non-relocation pact from MLB’s A’s, marking the third of four primary agreements the authority must approve as part of the previously sanctioned $380 million in state funds for a planned ballpark along the Las Vegas Strip, and tying the team to the market for at least 30 years. 

Two prior components—a core lease agreement and a community benefits plan—were previously presented. The fourth part, a development agreement for the ballpark, has yet to arrive and is perhaps the most critical component. There, the club and its owner, John Fisher, will detail how they will pay their share of the projected $1.5 billion total stadium cost. 

That team chunk, set to exceed $1.1 billion, also intersects with Fisher’s recent hire of veteran sports finance firm Galatioto Sports Partners to help secure investors to help fund the project. 

“I think the A’s have been pretty darn clear about what they’re doing—they’re coming,” said Steve Hill, stadium authority chair. “They said they can finance the stadium, and they are going to play baseball here in 2028. Frankly, I think it’s just fun for some to create some drama around it, and that’s happening. … But it doesn’t change the facts of the matter, which is [that] they’ve said what they’re going to do, and they’re just doing it.”

Like the situation in Phoenix, the planned ballpark development in Las Vegas is one of the most noteworthy facility projects, either proposed or in progress, across the entire sports industry.  

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 15, 2025; Buffalo, New York, USA; Vegas Golden Knights center Jack Eichel (9) reacts after scoring a goal during the third period against the Buffalo Sabres at KeyBank Center.

How Connor McDavid’s Extension Set Off a Wave of Big-Money Deals

Several notable contracts are completed in the wake of the superstar’s deal.
exclusive

Bud Selig: ‘Remarkable’ Brewers Run Can’t Mask MLB’s Money Divide

The former commissioner lauds his hometown team while raising economic concerns.

MLB’s Rare October Day: Four Playoff Games, Four Possible Clinchers

Four separate clinching opportunities are available during the day.
Mar 19, 2023; Miami, Florida, USA; USA shortstop Trea Turner (8) throws to first base for an out during the first inning at LoanDepot Park.

Fox Picks Up Media Rights to 2026 World Baseball Classic

The network will repeat its role in the international baseball tournament.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
Nov 17, 2024; New Orleans, Louisiana, USA; Detailed view of a Cleveland Browns helmet on a time out against the New Orleans Saints during the first half at Caesars Superdome.

Cleveland Takes New Shot at Blocking Browns’ $2.4B Stadium

A new lawsuit challenges a permit for the NFL team’s planned stadium.
Sep 23, 2025; Dallas, Texas, USA; Dallas Stars forward Adam Erne (76) looks on during the game between the Dallas Stars and the Minnesota Wild at American Airlines Center
exclusive
October 3, 2025

Dallas Stars Eyeing Possible Move to Plano in 2031

The team needs to figure out where they’ll play starting in 2031.
October 7, 2025

Rays Owner Eyes New ‘Forever Home’ Like Atlanta’s Battery

The club’s new owners target a new ballpark opening in 2029.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Chicago Bears stadium rendering
October 1, 2025

Bears Want $855M in Public Money for Suburban Stadium

The NFL team details an updated ask for public money.
September 29, 2025

A’s Unveil Sacramento Jerseys As Vegas Development Advances

The club unveils an alternate “Sacramento” jersey as Las Vegas plans advance.
Sep 28, 2025; East Rutherford, New Jersey, USA; Los Angeles Chargers cornerback Cam Hart (20) breaks up a pass intended for New York Giants wide receiver Malik Nabers (1) during the second quarter at MetLife Stadium. Nabers was carted off the field with an injury after the play.
September 29, 2025

Malik Nabers’s Torn ACL Rekindles NFL’s Grass vs. Turf Debate

The Giants star tore his ACL on MetLife Stadium’s artificial surface.
September 25, 2025

NYCFC’s New $780M Queens Stadium Comes With Jab at Red Bulls

The MLS club progresses on developing its new stadium in Queens, N.Y.