Coyotes arena deal

Coyotes’ LeBlanc is relieved by revised arena deal, hopes for long-term solution

3 Comments

It’s not so much the added financial risks of the Arizona Coyotes’ amended arena lease deal with the City of Glendale that bugs COO Anthony LeBlanc. Instead, he’s not a huge fan of the agreement being merely two years long.

Then again, there’s an element of beggars can’t be choosers, either.

“A two-year deal is better than no deal,” LeBlanc admitted during Friday’s press conference.

LeBlanc refuted bad blood with Glendale officials, noting that “business is business and politics is politics.” Even so, he said that he hopes to begin carving out a lengthier agreement with Glendale, possibly beginning in early August.

Some might see this as yet another Band-Aid, but it was needed nonetheless, with the Coyotes official hitting the theme of certainty repeatedly through his presser.

This seems like a short-term win for GM Don Maloney and the on-ice product, even if the revenue stream alterations bring on a greater risk/reward venture for ownership.

“I don’t want to go into free agency next year with Don dealing with the same uncertainty as last year,” LeBlanc said.

To some extent, free agents looking for term may look sideways at the Coyotes’ situation for some time, especially if progress isn’t made on another lease agreement in the coming months. Even so, two years of relative comfort is almost a luxury to a franchise that’s dealt with an almost unending torrent of turmoil.