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The Arizona State Land Commission might have put the kibosh on what’s left of the Arizona Coyotes Friday, canceling an upcoming auction for land where the former team’s owners planned to build a $3 billion arena and entertainment complex in anticipation of a reborn franchise.

Read More: https://sports.yahoo.com/nixed-land-a...

The auction for 95 acres of land in north Phoenix on the border of north Scottsdale was scheduled for Thursday at the starting price of $68.5 million. The commission said it has determined that owner Alex Meruelo must now seek a Special Use Permit to build an arena on that property, which is already zoned for such a purpose.

“This unprecedented action seriously jeopardizes the future of NHL hockey returning to the desert,” the Coyotes, who were surprised by the decision, said in a statement.

Topics:
0:00 Just to recap: IMPORTANT STEPS
3:21 What Arizona Land Department said
5:09 Arizona Coyotes statement
7:46 Real issue and complications?
8:20 Takeaways & WHAT TO MAKE of this?

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