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BREAKING: It’s over. Multiple sources confirm to @PHNX_Sports that Alex Meruelo is walking away from his ownership of the Coyotes.



BREAKING: It’s over. Multiple sources confirm to @PHNX_Sports that Alex Meruelo is walking away from his ownership of the Coyotes.

by koomzzy

45 Comments

  1. HAH that’s a hell of a lot sooner than I expected

    Now comes the next part, finding a new ownership group

    Edit looks like 2 groups are already willing to voice their interest to the NHL.

    Get fucked Meruelo. This is your legacy.

  2. Numark105

    Trashed team

    Fucks everyone over

    Gets 1 Billion

    ALSO FROM CRAIG:

    “PHNX is aware of at least two groups with interest in bringing an expansion team back to Arizona, but it will be hard to gauge their level of interest and ability until they can formally enter the fray and the process begins.”

  3. Dick-Punch89

    Best news of the night! Even better than the rain here in CG!

  4. pissantz34

    This article answered a lot of questions about what the hell was going on. Glad it’s over. Hopefully we can get a team back someday.

  5. kellendontcare

    Oilers lose the cup and this news breaks all in the same night? Amazing

  6. KanataRef

    This is great for you guys, hopefully he gives up his rights to the Coyotes name as well. With luck, Bettman will give you first dibs on an expansion team.

  7. state48state

    THIS IS MY STANLEY CUP!!!! 😎😎😎😎😎🔥🔥🔥🔥

    ![gif](giphy|sVnKj2wDhUTsFKFWhx)

  8. neetsweetmcgeet

    Wow. So can we assume this negates his 5 year clause? Let’s hope the nhl gets on the horn with any potentially new owners

  9. Hockee-12

    Yeah, NHL in AZ is coming back way sooner than expected. Gary wants this market without that bozo attached, fuck yes.

  10. fingerblast69

    Shit yeah!

    OEL is a champ, AM is a goner and it’s actually raining.

    Can’t take this day away from me, Satan 😂

  11. bschmidt25

    How fitting that he chose to announce this today. Asshole.

    That being said, thank god if it’s true. He can’t get out of here fast enough.

  12. Down_Rodeo_

    So him walking away means he no longer holds the rights to them right? Can’t lose such an awesome logo and jersey because he fucked up. It’s also so shit how the city lost their team only for this asshole to back out months later. 

  13. ColumnarPower

    Somebody get Shane Doan in here to be the face of the new ownership group.

  14. Very strange this news dropped like an hour after the stanley cup was won but hell i’m all for it

  15. SirSpicyWeiner

    So happy tonight. OEL becomes the first Coyotes captain to win a cup, and AM is fucking gone.

  16. It’s either work with the tribe or asu. Phoenix made it clear they don’t want any competition for events at their facility. If it isn’t one of those 2, we are waiting for footprints replacement in 2040. Alex shouldn’t be able to step foot in this state again

  17. Mandy-pants123

    But… the land auction was cancelled and there is still no place to play….

  18. Congratulations, Yotes fans. Hopefully we’ll see you back again, soon

  19. Gary Bettman knew what he was doing with the sale. Knew he had potential owners in his back pocket and knew AM would fail, all the while avoiding lawsuits. Time to start fresh and get off on the right foot.

  20. TylerRubeum

    THE NEWS WE’VE BEEN WAITING FOR

    Get fucked, Meruelo.

  21. DecksDarkAlien

    He was only in it for the real estate deal and the profit that would come from it. We had enough of lunatic owners in valley sports. We need an owner that is passionate about the sport, the team and the people of Arizona.

  22. clyde_krusher

    wait- so since he’s backing out what happens to the rights to the name? can someone buy the name/rights off him and get an arena themselves? im reading articles and it’s not making a ton of sense 😭

  23. jSizzle74

    I think we were f’d with Muruelo either way. But I’m not sure this speeds up us getting a team. Unless somehow starting over again and building their own setup is desireable to whoever our white knight would be.

  24. Azfreedom13

    Excellent news.. AM is a fucking snake. Could be several years even 10 plus but still Meruelo won’t be involved so I’m good with that.

  25. ![gif](giphy|3FQxaJJkQR8U4gdzr0)

    Start of the timeline that Someone starts this franchise back up and hands over the GM keys to Shane Doan to bring it back to fruition… plz

  26. LateNightGoatLovin

    nhl is at 32 teams. no one in AZ will pay a billion for an expansion, and another billion for an arena. coyotes are the new thrashers. rip 🙁

  27. jSizzle74

    Wait till he moves the roadrunners to Reno. We’re gonna be left with nothing 😢

  28. DastardlyRidleylash

    Fuck Meruelo. Got our hopes up and crushed them like the bastard he is.

    Hope we get owners who actually care for stuff beyond having a sportsbook license.

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