Investment Group buys Coyotes, will keep them in Phoenix. All 6 fans approve

12/12/09 in NHL   |   redsox1002003   |   881 respect

Ice Edge Investment Group, which is made up of American and Canadian Investors, will buy the Coyotes franchise for $150 million. The deal could be finalized as early as next week. I’m not too sure that this is a financially smart idea to keep this team in Arizona, but time will tell.

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