Bettman: NHL still committed to keeping Coyotes in Arizona after arena referendum failed

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Bettman: NHL still committed to keeping Coyotes in Arizona after arena referendum failed
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Despite the Tempe arena referendum failing, the NHL remains committed to keeping the Coyotes in the Valley. abc15

“It’s a good market, and if we can make it work, we’ll make it work,” Bettman said. “We've had our challenges."

The future of the Coyotes is now a major question as they go into a second season playing at a 5,000-seat college rink on Arizona State’s campus. Asked Saturday why the league has been so patient about keeping the Coyotes in Arizona amid turmoil over the years from ownership changes to arena uncertainty, Bettman pointed to the size of the market and the team being a bit of a “victim of circumstance.” While there were questions raised about interest for a team in Quebec City or Salt Lake City — or a second in Toronto — relocation is not currently being considered.

“I’ve always felt that we’ve been undervalued, so this, to me, is just an affirmation that our franchises are more valuable than Forbes or Sportico or many investment bankers have said,” Bettman said."Our competitive balance is extraordinary, and that should somehow be equating to higher values, and I think you’re beginning to see that.”

The league began the process of holding its own review after news surfaced that Hockey Canada settled a lawsuit with a woman who said she was sexually assaulted by eight members of the country’s world junior team at a gala in 2018 in London, Ontario. Several players from that gold medal-winning team are currently in the NHL.

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