The Arizona Coyotes reported the fourth-highest gate receipts in franchise history in a social post on Friday, amid ramped-up speculation about the club's future in the state.
Responding to a tweet by PHNX's Craig Morgan stating the team had four games this season with over $1 million in gross revenue in sales — which the team verified to Sportsnet — the Coyotes added 87 per cent of season subscribers have renewed, which is "another record." The Coyotes would not comment when asked how many season subscribers they currently have, citing "club policy."
NHL teams don't typically share information about gate receipts.
Statista, a research website that reports on professional sports stats, reported that the Coyotes had $120 million in revenue in 2023, last in the NHL. The Ottawa Senators were 31st, at $128 million.
Since being kicked out of Gila River Arena after 18 years in 2021, the Coyotes have shared the 4,600-capacity Mullett Arena on the grounds of Arizona State University.
However, speculation has been rampant about the future of the team in Arizona ever since a vote to approve a new arena in Tempe was voted down by residents in 2022. In addition, NHL commissioner Gary Bettman and NHLPA executive director Marty Walsh have both recently turned up the heat in comments decrying the status of a new arena.
Despite comments being issued by team ownership that land is being considered for purchase for a new arena, nothing has been confirmed, nor has ground been broken on a new facility.
It typically takes three to five years for NHL teams to have an arena constructed, from approval through use.
COMMENTS
When submitting content, please abide by our submission guidelines, and avoid posting profanity, personal attacks or harassment. Should you violate our submissions guidelines, we reserve the right to remove your comments and block your account. Sportsnet reserves the right to close a story’s comment section at any time.