Numbers don’t seem to add up in Coyotes audit

nhl-official-black-ice-hockey-puck-10By Mike Sunnucks | Phoenix Business Journal

An audit released today of the city of Glendale’s arena deal with the Arizona Coyotes claims problems in verifying the team’s financial losses and contends the city may have been shortchanged in shared naming rights and ticket fee revenue.

The audit also shows the city believes the Coyotes losses might be higher than the $34.8 million the team reported in March.

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