It’s the first year of a 15-year agreement between the Phoenix Coyotes and the City of Glendale.
So far, the deal is bringing in fewer dollars than Glendale expected.
The latest projections are that Glendale will get $4.4 million in arena and parking revenues this year. That’s far less than the $6.6 million that had been expected.
“We expected a lot more non-hockey events which hasn’t occurred yet, ” said Councilman Gary Sherwood. “We also thought we’d do a little bit better in parking.
Sherwood said that the owners of the Coyotes are attempting to find solutions and are having talks with Global Spectrum, which runs the arena.
He blames part of the parking revenue problem on the Arizona Cardinals. This is the first year that Coyotes fans have had to pay $10 to park at arena parking lots. The Cardinals have opened up a parking lot for Coyotes fans at University of Phoenix stadium that charges about half that.
“They were undercutting some of the prime parking,” said Sherwood. “It’s no secret that we have to ‘further the relationship’ between the Cardinals and the city.”
Sherwood suggested that Glendale block off a street that gives fans access to the Cardinals parking lot. He later claimed that he said that with “tongue in cheek.”
Fans also choose to park in other lots at the Westgate City Center.
“I think we are working quite a bit with Westgate over the last few months to try to get those parking spots where customers can park for free,” Sherwood said.
“(We’re working to) come up with some arrangement there to help us on the parking revenue.”
- The best places to celebrate Fall in Phoenix
- Infamous athletes who did the most time for their crimes
- 2016 baseball highlights, bloopers and blunders
- See how CFOs really feel about business in the Valley
- The best television shows on the internet
- A preseason guide to avoid holiday weight gain
- The 5 worst things you could do for your roof
- 6 coolest things brewing in Arizona
- The virus that keeps head and neck cancers on the rise
- State Fair ‘Kid Reporter’ has all the angles covered
- 4 important things to know about timeshare maintenance fees
- Signs of delayed car crash injuries
- The truth about sports concussions
- The Alzheimer's epidemic: Facts you need to know
- The season is here, keep your Fantasy Football team strong all season
- 8 TV shows you can't miss this fall
- Football is here: 6 tips to make this your best season ever
- Gameday recipes and beers to match
- 6 reasons the Cardinals are driven to win the Super Bowl
- The Pac-12 football season nears kickoff
- Tips to get ready for a pain-free golf season
- Protect your family with these 7 home security features
- How to train like an Olympic swimmer
- 2016 Olympics: A guide to must-see TV events
- The bride's guide to feeling your best on your wedding day
- Deciding when you need knee surgery
- Celebrating Fourth of July is much cooler in these AZ towns
- Top ten road trip bathrooms in America
- Six things causing a pain in your neck
- 5 things to make your summer move easier