Ah, the Arizona Coyotes. Prosperity is always just around the corner for these guys, isn't it? There's always an exciting new, dedicated owner coming in, promising a sun-kissed future as far as the eye can see. There's always a new arena name—first, Glendale Arena, then Jobing.com Arena and now Gila River Arena.
Prosperity once again promised late last week when the Coyotes and the city of Glendale agreed to a revised lease. Basically, the Coyotes took a big haircut on the arena-management fee they will receive from the city, from $15 million a year to $6.