It's also worth noting that there may be something else stirring under the surface related to the Coyotes and the Tempe Arena plans. An anonymous paralegal on Reddit posted a
lengthy breakdown of what may or may not be happening behind the scenes. There are two funding mechanisms that the Coyotes are planning on using to make the arena deal work - $200M in Tempe municipal bonds and a tax credit called the "Government Property Lease Excise Tax" (GPLET). Apparently, a couple of legal cases involving the Goldwater Institute, where parties that attempted to use these funding mechanisms were successfully sued a few years ago by the Goldwater Institute on the grounds of being unconstitutional, and ultimately was supported by the Supreme Court. This seems to have set a precedent in Arizona for how public funding can or cannot be used in these kinds of projects.
Now, these funding mechanisms can obviously be changed in the formal proposal to be 100% privately funded, but this appears unlikely since the Coyotes plan on using the funds to remediate the site and don't want to pay for the cleanup themselves. Further on in the post, it appears that other developers that originally applied for RFP information are getting ready for the solicitation process to open up again for the site.
Regardless of how legitimate this is or not, it doesn't sound good for the Coyotes with all of the other rumours flying around. Houston has always made the most sense as a relocation destination (Quebec isn't even the strongest market candidate for a team in Canada, that honour goes to Hamilton/GTA by the numbers), but we can still hope at least.