The NHL Board of Governors meeting wrapped this afternoon with nothing coming from it concerning the state of the Phoenix Coyotes.
NHL Commissioner Gary Bettman spoke with reporters following the meeting and spelled things out rather clearly.
“No board action is required at this point,” Bettman said. “We’re anticipating, or hoping, the Glendale City Council passes the deal with the Renaissance Group. If the council doesn’t approve it… I don’t think the Coyotes will be playing there anymore.”
Bettman set the target date for July 2 for a decision, the same day the City of Glendale is set to vote on their latest proposal.
That proposal is the whopper of one the city presented this afternoon that sees the Renaissance Sports and Entertainment group get $15 million a year from the city to run Jobing.com Arena and a five-year out-clause to leave the city if the losses amount to $50 million or more in that time.
If things fall apart with Glendale, is there time to move the team elsewhere? Bettman is confident there is.
To add to this, NHL Deputy Commissioner Bill Daly says the league has no issues with Key Arena in Seattle if the Coyotes are to move there.
This is it though. The Coyotes saga is going to end one way or another next week.