NASHVILLE, Tenn. -- The Arizona Coyotes are expecting plans for a new permanent home in the state to be finalized by the end of the regular season that will resolve the lease/arena issues that have plagued the team for years.
Although there are still a number of options being discussed, it's believed the most likely scenario is a partnership with Arizona State University with a new arena being built in Tempe.
It's expected the deal will be finalized in the next couple of months, certainly before the end of the regular season.
It would take an estimated three years for a new building to be completed, during which time the team would continue to play out of Gila River Arena in Glendale. The team is in the first year of a two-year lease signed before the start of this season after the local municipality opted to break the existing 15-year lease.
