The Arizona Coyotes Ownership: A Changing Landscape
The Arizona Coyotes, a professional ice hockey team based in the desert city of Glendale, have experienced several changes in ownership throughout their history. These shifts in ownership have had both positive and negative impacts on the team and its fanbase.
In 1996, the Phoenix Coyotes (as they were then known) were purchased by a group led by Richard Burke and Steven Gluckstern. Their ownership marked the team's move from Winnipeg, Canada, to Arizona, making them the first major professional sports team in the state. Burke and Gluckstern brought stability to the franchise, providing financial support and a strong management team. However, the team faced constant financial challenges and struggled to attract a solid fanbase in their new location.
In 2001, the team was sold to businessman Jerry Moyes, who had ambitious plans for the Coyotes. Despite his efforts, including the hiring of Wayne Gretzky as head coach, the team continued to struggle both on and off the ice. Moyes declared bankruptcy in 2009, resulting in the National Hockey League (NHL) assuming control of the team's operations.
The NHL operated the franchise for several years until 2013 when the team was purchased by a group led by George Gosbee and Anthony LeBlanc. This new ownership group brought hope to Coyotes fans, promising stability and long-term commitment to the team's success in Arizona. During their tenure, they implemented various marketing strategies and engaged with the community to build a stronger fanbase.
However, in 2019, the team was sold once again to businessman Alex Meruelo, becoming the first Latino majority owner of an NHL franchise. Meruelo's ownership has injected new energy into the team, with a focus on improving the fan experience and increasing community involvement. Under his leadership, the Coyotes have made efforts to strengthen their relationship with the local community and enhance the team's presence in the Arizona sports market.
The Arizona Coyotes' ownership history is a testament to the challenges and opportunities faced by professional sports franchises. While changes in ownership have brought both uncertainties and progress, the team's loyal fanbase remains dedicated, hoping for a bright future for their beloved Coyotes.