Coyotes arena management agreement extended until 2026

Buy PhotoThe company that operates Gila River Arena, home of the Arizona Coyotes, for Glendale for the last two years will be in the job for five years longer than originally planned.

The city has extended its contract with AEG Facilities to manage the arena until June 30, 2026, AEG announced Wednesday.

The city, in 2016, approved a five-year contract with AEG with an option for the city manager to extend the contract another five years. Glendale City Manager Kevin Phelps said Wednesday he has approved that extension with a condition that AEG install a high-tech LED lighting system in the arena.

The details of the original contract, such as the revenue-sharing agreement between the parties,…