New big daddy on the Coyotes merry go round

NHL Commissioner Gary Bettman
NHL Commissioner Gary Bettman

By Peter Corbett | The Arizona Republic

The Arizona Coyotes franchise has yet another new owner.

The existing ownership group announced Friday that it will sell a 51 percent share of the Coyotes franchise to Andrew Barroway, a Philadelphia hedge-fund manager.

He will be the second owner in the last 14 months if the sale is completed.

The $152.5 million deal, subject to approval by the NHL Board of Governors, had been expected since last week, when reports surfaced in New York.

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Related: Hockey head says puck ain’t leaving the desert

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