Coyotes' strike a real deal

Unlike most arena deals, the Phoenix Coyotes don't have to win a title to make theirs work.

Updated: December 23, 2003, 6:52 PM ET
By Darren Rovell | ESPN.com

This isn't the usual "if you build it, we will win" fairy tale about a professional sports team convincing a community to front millions of dollars for a new home so it can stay in the region and win a championship.

This one is real -- as in real estate.

Yes, the residents of Glendale, Ariz., have committed plenty of money to help build a new 17,799-seat arena for the Phoenix Coyotes -- $180 million of the $220 million price tag to be exact. But whether or not the team holds up its ...

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