Coyotes officially leaving Arizona for Salt Lake City following approval of sale to Utah Jazz owners
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The Arizona Coyotes are officially headed to Salt Lake City. The NHL Board of Governors voted Thursday to approve a $1.2 billion sale from Alex Meruelo to Utah Jazz owner Ryan Smith, clearing the way for the franchise’s move to Utah next season. The deal includes a provision for Arizona to get an expansion team if a new arena is built within the next five years. The deal will be facilitated through the NHL, with $200 million going to league owners as a relocation fee.
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