As was first reported by FOXSportsArizona.com's Craig Morgan on Thursday, the NHL and the Coyotes finalized on Friday a new long-term contract for general manager Don Maloney.
Maloney, who has been the Coyotes' GM for the past six years and in that time has assembled the teams that produced the three highest point totals in franchise history, would have been free to sign with another organization after June 30, when his contract was set to expire.
The Coyotes have been ownerless and thus run by the NHL for the past four seasons, and the league determined that it would not wait for an ownership resolution to bring back the highly respected Maloney.
"We are very pleased that Don has agreed to sign a long-term contract extension with the Coyotes," NHL deputy commissioner Bill Daly said in a statement. "Since joining the team in 2007, Don has done an outstanding job managing his team and building a competitive roster that has produced on the ice, even given less than ideal circumstan...