NHL lockout could cost Glendale millions

Oct 26, 2012, 6:45 AM | Updated: 6:45 am

The ongoing National Hockey League lockout is on a lot of people’s minds, but that rings especially true in Glendale, home of the Phoenix Coyotes.

With every Coyotes home game that is cancelled at Jobing.com Arena, the city misses out on a lot of money.

“We are looking at a $60,000 revenue loss to the city per game,” said Glendale spokeswoman Jennifer Stein.

So far, the lockout has cost the city at least a quarter of a million dollars and it could end up being quite a bit more.

“If we are looking at a lockout that would impact the entire season, it is about $2.5 million of economic impact from the Coyotes and the arena,” said Stein.

Stein said that Glendale officials don’t think the lockout will have any influence on voters when they go to the polls next month. They will decide the fate of a sales tax that would pay for a $300 million arena deal with potential new Coyotes owner Greg Jamison.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Putting World)...
KTAR.com

Putting World, with 18-hole indoor course, opens in Scottsdale

Putting World, a new putting venue featuring an 18-hole indoor course, opened in Scottsdale.
1 day ago
(ADOT Photo)...
KTAR.com

Here are the top 10 most popular specialty license plates in Arizona in 2022

The Arizona Department of Transportation on Wednesday released its 10 most popular custom plates designs of 2022. There was a repeat winner.
1 day ago
The WM Phoenix Open is a major economic driver. (Photo by Christian Petersen/Getty Images)...
Kevin Stone

2022 WM Phoenix Open drove economic impact of over $450M, study finds

The WM Phoenix Open pumped nearly half a billion dollars into the local economy last year, according to an economic impact study.
1 day ago
(Getty Images Photos)...
Kevin Stone

Bryan Adams running to Phoenix with help from Joan Jett

Bryan Adams’ So Happy It Hurts Tour comes to Footprint Center in Phoenix this summer with Joan Jett and the Blackhearts.
1 day ago
Armando Real (Photo via Arizona Department of Public Safety)...
KTAR.com

Silver Alert issued for Phoenix man last seen near 24th Street and Buckeye

Authorities issued a Silver Alert on Thursday for a missing Phoenix man who was last seen a day earlier near 24th Street and Buckeye Road.
1 day ago
(City of Buckeye Photo)...
KTAR.com

Buckeye to move forward with $80 million water rights agreement

A West Valley city has secured a source of water for a minimum of 100 years after approving an $80 million deal this week.
1 day ago

Sponsored Articles

(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
...
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
NHL lockout could cost Glendale millions