Glendale approves Coyotes lease

Updated: July 3, 2013, 4:13 AM ET
Associated Press

GLENDALE, Ariz. -- The Phoenix Coyotes took a big step toward stability Tuesday night when the Glendale City Council ratified an arena lease agreement with a prospective owner of the franchise.

After making a few alterations, the council voted 4-3 in favor on a 15-year, $225 million lease agreement with Renaissance Sports & Entertainment during a special session.

"Everybody who's followed this saga has said decide something or just shoot us," Coyotes general manager Don Maloney said. ...

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