The Arizona Coyotes' hopes of getting a new arena in Phoenix remained alive on Thursday.
The Arizona State Land Department Board of Appeals unanimously approved the $68.5-million appraisal for a portion of land in Phoenix, where the Coyotes hope to build an arena.
That means the Land Department can sell the land at auction. But the date for auction must be advertised for 10 weeks.
The Arizona Republic reports the Coyotes likely will face competition for the site.
Since being kicked out of Gila River Arena after the 2021-22 season, 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.
It typically takes three to five years for NHL teams to have an arena constructed, from approval through use.
Utah Jazz owner Ryan Smith has expressed interest in bringing NHL hockey to Salt Lake City, which has led to rumours about a potential Coyotes move.
Two Atlanta area groups also have recently expressed interest in a team.
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