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Read More: https://www.abc15.com/sports/land-auction-expected-to-have-multiple-bidders-as-alex-meruelo-hopes-to-build-nhl-stadium
PHOENIX — A nearly 100-acre plot of land at Scottsdale Road just north of Loop 101 is up for auction soon and Alex Meruelo is expected to be one of several bidders eyeing the land, according to a Land Department source.
Meruelo says he intends to build a new entertainment district, which would house an NHL stadium, in hopes of bringing an expansion team back to the Valley.
Topics:
0:00 Where things stand NOW
2:13 Coyotes staff terminated, bad severance package
5:07 Upcoming Land Auction for Arena site
7:59 Theme Park Status: ANOTHER challenge
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23 Comments
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Won't happen in 5 years but I wouldn't say it'll never happen. Won't be with Meruelo.
The NHL is counting no Muerello failing. Why would they want to sell him an expansion team for $1B five years from now when they just sold a team to Smith for $1.3B? Franchise values go up, not down. On day one after the 5 year window, the NHL will open up expansion in Arizona and the price will be at least $1.5B.
I wonder if one or more of the groups making a bid to trying to win a bid to bring NHL hockey back to Arizona. If Alex don't win and another group starts building a arena will the team have to get a new name. . There are reports that ownership group was so bad to at running things i i wonder if another group will try and out bid him .
How the coyotes franchise was valued at a billion dollars is Way Beyond me
I think the Az Diamond Backs stadium is considered "theme park"
I don't see them coming back
Meruelo is cheap
I heard Amazon is one of the bidders? No thank you, theres lots of land go somewhere else. Why do they wait till theres something someone else wants go bid on your own land somewhere else,
Already??? … The Coyotes have been a fumbling / bumbling disaster in the desert for many decades. This is just a continuance of the bad joke known as the Coyotes.
Meruelo is a complete clown. Que the circus music … again. 🤡 🎪 🤡 🎠 🤡 🎢 🤡
this is not how that usually works, usually: a year for a week of severance, but I really doubt Coyotes will be activated.
Meanwhile how many cities will never get a chance while Arizona gets unlimited apparently
Just stop with Arizona already
NHL2007watchergoof or whatever its name is WHERE YOU AT?!
Could someone else come in, buy the land and build an arena forcing NHL/owner to sell? Someone who could really build team in Arizona?
He did not "sell the team". He sold select assets of the team. The team still exists.
I live in the Phoenix area and I can say look at the history here. inside a 14 year period, the Valley opened up four sporting venues. Now I see why there's difficulty for the Arizona Coyotes to get a new Arena voted on. Especially when this team chosen to abandon the one that was built for them in Glendale. See I could careless about how the Coyotes left Glendale to move in ASU. The reality of it is, they gave up on the Arena in Glendale and now there's Arena Football being played in there to fill in that void. If the Coyotes ever want to make a return in the NHL. The only way I see that happening is them talking to City of Glendale to play hockey in there again because if it wasn't for Arena Football that venue would just sit there and rot to hell!
Meruelo is slimy.
The problem the bringing the Cyottes back is the current ownership. Under a new & better ownership this would be going smoother.
The employees who work at the Mirage Hotel in Las Vegas that have been there since it opened will be receiving a severance of 60,000 dollars and they also have work fairs to help those displaced find new jobs .. The A’s the Coyotes should be ashamed
Love your coverage of the Yotes. Thanks for keeping us in the loop!
I don't think any of these occurrences are unexpected. The parcel is located in a prime area. I'm interested in who the other bidders are. When Arizona was made a state, the federal government gave the new state some land. That land was to be sold or leased to benefit public education. If Muruelo doesn't win the auction, there's nothing stopping the winner from partnering on the development of a possible arena.
When Alex Mozerella inevitably fails ro get a atadium in place Smith should buy the og Winnepeg jets history and bumbers and give it over to true north