This agreement would just make it even more special.”
We are beyond excited to open this wonderful new ASU arena. “Our new multipurpose arena also would benefit from the addition of NHL-level enhancements paid for by the Coyotes that would remain with our building. “If an agreement for use of our multipurpose arena is finalized, we would be glad to help the Coyotes by providing a temporary home while their new arena is built just a couple of miles away,” said Olsen, who is also ASU’s executive vice president and treasurer. UPDATE: ASU CFO Morgan Olsen confirmed the talks with a statement on Thursday evening:
ASU’s new arena will only seat 5,000 spectators so the venue is significantly smaller than other NHL arenas, or even Arizona Veterans Memorial Coliseum, which currently seats about 10,000 because some of its risers have been decommissioned and removed. Per sources, the Coyotes are negotiating on a three-year deal with an option for a fourth year if construction of the permanent arena takes longer than hoped. The arena, which is scheduled for completion this fall, would serve as the Coyotes’ arena for all home games while they await approval and construction of their proposed arena along the south bank of Rio Salado in Tempe. The Coyotes are in the advanced stages of discussions with Arizona State University and arena manager OVG Facilities (a division of the Oak View Group) to use ASU’s new multipurpose arena as their temporary home, sources familiar with the situation confirmed to PHNX Sports.
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