Report: Arizona Coyotes sale, relocation to Houston could be on the horizon

(Photo via Coyotes Facebook)

By Cam Lewis | Daily Faceoff

The Arizona Coyotes are in need of a new home.

The City of Glendale is planning to opt out of the joint lease agreement for the Gala River Arena, meaning the Coyotes will need to find a new place to play for the 2022-23 season.

The team’s proposal to build a new 16,000 seat facility and entertainment district in Tempe is currently facing resistance because the development would be too close to the Phoenix Sky Harbor International Airport.

On Thursday morning, Eric Macramalla, a legal analyst for Forbes, reported that the Coyotes are for sale and that the plan is for the buyer to eventually move the team to Houston. His colleague and Forbes reporter Mike Ozanian cited an anonymous banking source for the information.

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