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Bickley: Rebuilding Coyotes running out of options

The Valley has bragging rights. We are home to all four major professional franchises, part of the most exclusive neighborhood in sports.

But can we afford the mortgage payment? Do we value the designation? And what would be lost in a transient market if the least important tenant just disappeared?

These are central questions in the ongoing plight of the Coyotes, a team that is running out of options in their quest to move to the East Valley, leaving behind an untenable situation in Glendale.

Arizona State University abruptly pulled the plug on negotiations for a shared facility.