Overview
- The Arizona State Land Department canceled an auction for land Meruelo intended for a new arena.
- Meruelo's decision follows the sale of the Coyotes to Utah Jazz owners, who relocated the team to Salt Lake City.
- Meruelo retains the rights to the Coyotes' name and logo but will not pursue an expansion franchise.
- The Tucson Roadrunners, Meruelo's AHL team, are set to move to Reno, Nevada, once a new arena is built.
- Phoenix remains a potential market for future NHL expansion despite current setbacks.