Phoenix is there at the subsidies of the Toronto Maple Leafs, Montreal Canadians, Boston Bruins, Philledalphia Flyers and other profitable clubs who funnel money into the NHL to run your club. Your ownership failed. But your team is Betman's wet dream and rather than have it moved to Hamilton or fold he took ownership of it. Now it is a 100% subsidy/tax on successful clubs since nobody with an ounce of business sense wants it if they can't move it. Your team is a perfect illistration of what PhillyFan's point was.
Nothing personal but Arizona cannot support a team. It has proven this.
The past ownership might have failed, but now the Coyotes are a contender even if they weren't own by the NHL. PhillyFan wasn't the point and so is you're, there has NOT been one major Phoenix team closed shop and moved town yet. Phoenix and the rest of Arizona can support a team, that why we are one of the few cities with all 4 major sport teams and I been hearing Phoenix is trying to land a MLS team now, so seems like the teams keep on coming.