Phoenix Coyotes Owner – The Phoenix Coyotes are an expert ice hockey team based in Phoenix, Arizona. They competed in the National Hockey League and were formerly known as the Winnipeg Jets (NHL). The Winnipeg Jets were their moniker. The bankruptcy court rejected the proposal to sell the club in Canada, and the NHL eventually acquired the franchise.
The NHL ran the Phoenix Coyotes for four seasons while the team looked for a new owner. The club was sold in the summer of 2013 after numerous potential buyers could not finalize the transaction. Alex Meruelo, the owner of the Arizona Coyotes, gave the club’s new PresidentPresident a t-shirt that said, “I know, I like SH**, that my team will win.” He does have some advantages. You are aware of this fact. You will not attend a press conference when 65 news reporters are dressed in that T-shirt unless you take it seriously.
Meruelo became the primary owner of the Arizona Diamondbacks this week after completing the deal with Andrew Barroway. Barroway has a minority interest in the team.
Meruelo became the son of Cuban immigrants in 1986, at the age of 55, after studying the industry’s clothes while working for his father’s tuxedo manufacturing. He will serve as Chairman and Governor of the Coyotes and his other duties when he becomes the NHL club’s first majority Hispanic owner. Mr. Meruelo delivered most of his opening comments in Spanish, and he also responded in Spanish to one of the reporters who addressed him during his Spanish media conference.
The Coyotes have missed the playoffs in the past three seasons, but they have a young and talented team that came within one game of making the postseason last season.
“Alex is a singular individual. John Chayka, general director of the Arizona Coyotes, describes him as “extremely unique.” Although he is young, he has exceptional business abilities, and I was blown away by his commercial acumen and his approach to company formation. I’m pleased with his accomplishments. It enables us to progress.”
Meruelo has a difficult job in reviving a club that has battled for stability since the previous owner Jerry Moyes forced the club into bankruptcy in 2009. We are living in fascinating times, and this news was important for a number of reasons. We are fortunate to be alive during fascinating times.
First and foremost, the obvious. If elected, Gutierrez would become the NHL’s first Latin President and CEO, and with the two most powerful men, both Latino, in a market where approximately 40% of the fan base is from Latin America, Meruelo and Gutierrez will represent the two most influential men.
Now for something less self-evident but no less vital. Ownership and leadership are the two components that contribute to a hockey team’s success. They trump all other considerations, including a market’s size and the existence or lack of traditional hockey supporters in a specific area. Clubs that fail in some of the most prolific hockey markets on the planet may be discovered, while others flourish in communities with no historical ties to the game.