Breaking: Arizona Coyotes To Be Bought Out

After years of speculation over the ownership of the Arizona Coyotes, news has finally broken that they will be sold.
Although it is still needing to be approved by the NHL and by the Board of Governors meeting next week, the Phoenix Business Journal has broken that the Coyotes will be purchased by billionaire Alex Meruelo.
Meruelo owns a hotel on the Las Vegas Strip and previously attempted to purchase the Atlanta Hawks of the NBA however, that transaction was stopped by the league.
No reports of relocation have been reported.
This story will be updated as details are confirmed.

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