By Mike Sunnucks | Phoenix Business Journal
That long awaited audit of the Arizona Coyotes books still hasn’t been completed.
The city of Glendale requested a financial audit of the hockey team last year as part of a 2013 arena deal.
The owners of the Coyotes have an out-clause in the deal that potentially allows them to move if the team loses more than $50 million by 2018. Glendale pays the Coyotes $15 million a year under the 15-year deal but also has auditing powers.