Posted June 21, 2013 on
AP on Fox
The Phoenix Coyotes have agreed to a long-term contract extension with coach Dave Tippett.
Tippett had reportedly wanted to wait to see what happens with the uncertain ownership situation before making a decision to stay with the Coyotes.
The Coyotes have gone 156-96-42 in Tippett's four seasons with the team, despite the fact that the franchise was owned by the NHL and had strict financial restrictions during that time.
In 2011-12, the Coyotes went 42-27-13, won the franchise's first division title and advanced to the Western Conference finals for the first time in team history.
BEST OF MAXIM
Dave Tippett will return as head coach of the Phoenix Coyotes.
Tippett, who has coached the team for the most successful four-year stretch in franchise history, agreed to terms of a new deal Friday morning, and an official announcement could come later today. The deal is believed to be similar to Alain Vigneault's five-year, 10 million deal with the New York Rangers.
Dave Tippett and the Phoenix Coyotes have agreed on a five-year extension. The NHL has approved it, as well.
— Elliotte Friedman (@FriedgeHNIC) June 21, 2013
One must take middle-of-the-night Tweets with a few grains of salt, but Sportsnet's Nick Kypreos was up when I am (i.e. the middle of the night) reporting that the Phoenix Coyotes' situation will remain "status quo" for the foreseeable future:
Hearing Glendale council will not approve 15M cash demand by RSE group 2 manage #Coyotes arena. RSE asked for 15M...
from Dan Bickley of the Arizona Republic,
“It’s the most important 24 hours in the history of the Phoenix Coyotes,” the source said.
Here’s the latest:
To complete its financing, the Renaissance Sports and Entertainment group needs a firm commitment from the Glendale City Council. They need a number on paper. They say they need $15 million annually.