The city has already guaranteed each of the potential buying groups millions of dollars annually to the buyer through creation of the Community Facilities District. Both proposals would change the team name to either the Glendale Coyotes or the Arizona Coyotes, with the NHL's approval, and would keep the team in Glendale.
The franchise hasn't turned a profit since moving to Arizona and is expected to lose at least $20 million this year.
What on earth are these local officials thinking? No reasonable family or business should even consider moving to Glendale because the city will go broke chasing these awful policies.