News Article: Canadian Press: Markham NHL-size arena a step closer to being built

achtungbaby

Registered User
Oct 31, 2006
4,792
25
Phoenix isnt going anywhere any time soon, with there new ownership in place and lease deal done.

If I'm not mistaken, after this season, Phoenix can break their lease in 4 years if cumulative losses reach $50 million. US teams will be receiving almost $19 million/year in national TV revenue but it's not out of the realm of possibility for the Coyotes to hit $50 million in losses by that time.
 

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