Glendale City Council approves Reinsdorf group’s Coyotes proposal, votes down 2nd group

Glendale council OKs Reinsdorf group’s proposal

GLENDALE, Ariz. — The Glendale City Council has voted in favor a proposed arena lease agreement submitted by a group headed by Chicago sports mogul Jerry Reinsdorf that is seeking to buy the Phoenix Coyotes.

The council acted on a second proposal Tuesday night, rejecting a plan submitted by Ice Edge Holdings, a group of Canadian and U.S. investors.

Reinsdorf’s group, known as Glendale Hockey, must now reach an agreement with the NHL, which purchased the team in bankruptcy court last year.

Proposals from both groups would change the team name to either the Glendale Coyotes or Arizona Coyotes, with the NHL’s approval, and would keep the team in Glendale.