The NHL on Thursday announced that the Arizona Coyotes will effectively relocate to Salt Lake City starting in the 2024-25 season.
Smith Entertainment Group — led by Utah Jazz owner Ryan Smith and his wife, Ashley — reportedly paid between $1.2 and $1.3 billion for the franchise.
The Coyotes’ franchise will become inactive, with all of its hockey assets, players and draft picks, moving to a new franchise in Utah. Coyotes owner Alex Meruelo will have the opportunity to reactivate the franchise if he secures a new arena for the team within five years.
Ryan Smith told the official NHL website that the team will have Utah in the name, not Salt Lake City. He added that determining the new team’s nickname, though, will be a process that could take a while.
Smith Entertainment Group — led by Utah Jazz owner Ryan Smith and his wife, Ashley — reportedly paid between $1.2 and $1.3 billion for the franchise.
The Coyotes’ franchise will become inactive, with all of its hockey assets, players and draft picks, moving to a new franchise in Utah. Coyotes owner Alex Meruelo will have the opportunity to reactivate the franchise if he secures a new arena for the team within five years.
Ryan Smith told the official NHL website that the team will have Utah in the name, not Salt Lake City. He added that determining the new team’s nickname, though, will be a process that could take a while.