• Loading stock data...
Sunday, February 22, 2026

Salt Lake City About to Land NHL’s Coyotes (Minus Their Name)

  • Jazz owner Ryan Smith appears days away from closing a $1 billion deal, according to sources.
  • Coyotes owner Alex Meruelo to keep Coyotes name, work toward a new arena for expansion team.
Matt Kartozian-USA TODAY Sports

Ryan Smith’s two-year quest to land Salt Lake City an NHL franchise will likely conclude later this week, although it won’t be the expansion team his Smith Entertainment Group lobbied for publicly in January. 

Instead, it will be the Arizona Coyotes—or at least the players, coaches and some other staffers of the franchise that has called the Valley of the Sun home since 1996. Coyotes owner Alex Meruelo, Smith, and the NHL are nearing the end of negotiations of a $1 billion sale of the team that will play under a new name at Salt Lake City’s Delta Center starting next season, sources with knowledge of the transaction tell Front Office Sports

Meruelo keeps the Coyotes name and will have five years to build an NHL arena with the league’s promise of making the Phoenix market the home of an expansion team, the sources confirmed. SportsNet was the first outlet to report the setup. 

“I understand and empathize with the concerns of our fans, our community, our partners, our players, our front office, and all of our team members,” Meruelo said in a statement over the weekend after Coyotes GM Bill Armstrong’s chat with players Friday about the pending relocation leaked.  

The Coyotes are wrapping up their second season playing in Arizona State’s 5,000-seat Mullett Arena and the team faced at least two more seasons at the facility. That situation, despite upgrades the Coyotes made, proved untenable for the players and other owners, leading to this conscious uncoupling. 

Meruelo, however, hasn’t given up on the Phoenix market. The Coyotes’ quest to secure a plot of land in north Phoenix that goes up for auction in June will move forward, a plan team execs shifted to after three ballot measures toward an arena development in Tempe were voted down last May. 

As the Coyotes lay dormant, there’s likely to be a push by Meruelo to continue to support area youth hockey, which has produced NHLers Auston Matthews, brothers Matthew and Brady Tkachuk, and former U.S. Women’s National Team player (and current Coyotes broadcaster) Lyndsey Fry. Meruelo will also keep the Tucson Roadrunners and the Associated Press reported there are plans to potentially move the AHL franchise to Mullett Arena.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

A'ja Wilson
exclusive

WNBA Proposes Same Salary Cap in New CBA Offer

The league did offer players slightly better terms on housing.
Sep 28, 2025; Phoenix, Arizona, USA; Minnesota Lynx forward Alanna Smith (8) scores on Phoenix Mercury forward Kathryn Westbeld (24) and forward Alyssa Thomas (25) in the second half during game four of the second round for the 2025 WNBA Playoffs at PHX Arena.

Are the WNBA’s 9-Figure Losses What They Seem?

The WNBA claims the union’s proposal would cause massive losses.
[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.

Epstein Files Fallout Spreads to College Sports Buildings

Football facilities at UCLA and Ohio State are named for Epstein-tied donors.

Featured Today

Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.
Max Valverde by Ron Winsett
February 17, 2026

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park
February 13, 2026

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.
Feb 11, 2026; Milan, Italy; Madison Chock and Evan Bates of the United States skate during the Milano Cortina 2026 Olympic Winter Games at Milano Ice Skating Arena.
February 13, 2026

Olympic Figure Skaters Pay Out of Pocket for $9,000 Costumes

For four minutes on ice, stakes are high—and prices even higher.
Team WNBA guard Caitlin Clark dribbles up the court against Team USA during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024.

Ex-NFL Pro, Commanders Exec Says Women’s Sports Is an Undervalued Asset

Jason Wright oversees a fund that has secured $250 million.
Puma store
January 27, 2026

Chinese Sportswear Giant Eyes World Domination With $1.8B Puma Deal

Anta is now the largest shareholder in both Puma and Amer Sports.
January 28, 2026

CVC’s New Sports Business Buys Into $300M Equestrian Company

Global Sport Group bought a controlling stake in Equine Network.
Sponsored

From MLS to AUSL: Jon Patricof on Building Sports Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Jan 24, 2026; Dallas, Texas, USA; Dallas Mavericks head coach Jason Kidd motions to his team during the first quarter against the Los Angeles Lakers at the American Airlines Center.
January 27, 2026

Jason Kidd Takes Board Role, Equity Stake in Youth Sports Company

The Mavericks coach is an equity holder and member of the board.
Contestants compete in the annual Nathan's hot dog eating contest at Tootsie's 57th Anniversary Birthday Bash on Lower Broadway in Nashville on Oct. 10, 2017.
January 22, 2026

Nathan’s Hot Dog Contest Will Continue Under New Chinese Ownership

Nathan’s expects to keep the contest at Coney Island.
Batbox
January 12, 2026

Bowling’s Blueprint Is Powering the New Social Gaming Boom

New venues are fusing sports, entertainment, and good food.
Sep 27, 2025; Philadelphia, Pennsylvania, USA; Minnesota Twins pitcher Kody Funderburk (55) and catch
December 17, 2025

Twins’ New Investments Value Club at $1.75 Billion

The Twins have also announced a succession plan.