According to Sportsnet’s John Shannon, documents are being distributed today to facilitate Andrew Barroway’s buyout of the minority owners of the Arizona Coyotes.
It was reported in March by Arizona Sports that such a transaction might occur, with Barroway potentially bringing in new investors. No word if any new investors have, indeed, been brought in.
It’s unclear what plans a modified ownership group could have for the team, which still doesn’t have a long-term home in the desert. But NHL deputy commissioner Bill Daly said last week that the league still has “a lot of patience for the Coyotes.”
“We’re confident there are a lot of good arena opportunities available to them there,” said Daly.
Barroway became the majority owner of the Coyotes in 2014.