Coyotes Gain Stability with Glendale Lease Vote

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Coyotes Gain Stability with Glendale Lease Vote
Christian Petersen/Getty Images

GLENDALE, Ariz. -- The Phoenix Coyotes took a big step toward stability Tuesday night when the Glendale City Council ratified an arena lease agreement with a prospective owner of the franchise. After making a few alterations, the council voted 4-3 in favor on a 15-year, $225 million lease agreement with Renaissance Sports & Entertainment during a special session.

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