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Should Coyotes Fans be Worried about Owner’s $1 Billion Project in Reno?

Arizona Coyotes owner Alex Meruelo plans on building another entertainment district, but this one will not be located in Arizona.

It was announced yesterday that Meruelo will spend an estimated $1 billion on a complex in Reno, Nevada, including a 10,000 arena.

As reported months ago, a proposed $2.1 billion arena project was rejected by Tempe voters and the Coyotes are yet to find a permanent home.

Ever since the proposed land in Mesa that Meruelo submitted a Letter of Intent to buy, there hasn’t been much information regarding a plan going forward since.