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Jamison a step closer to buying Coyotes

Published on NewsOK Modified: November 28, 2012 at 3:11 pm •  Published: November 28, 2012
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The Coyotes have had several potential suitors in that time and a deal with Chicago businessman Matthew Hulsizer appeared to be in place last year before the conservative watchdog group Goldwater Institute killed it by warning potential bond buyers to stay away from the Glendale offering because of a looming lawsuit.

Goldwater tried to stop the deal with Jamison, but the City Council voted in favor of the lease agreement during the summer and Glendale voters in November's election upheld a 0.7 percent sales tax increase designed to help the city's finances.

With the council agreeing to the reworked arena agreement, Jamison must now complete his deal with the NHL and gain approval from the league's board of governors.

"We're here, we're excited about some NHL hockey, we're looking forward to the lockout being over and we're also looking forward to the future," Jamison said. "We believe strongly not only in the product, we believe strongly in the community, we believe strongly in the Valley and we think basically this a good place to be, a good place to have a team and the future looks bright."