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An interim general manager will not ...
An interim general manager will not be named at this time and the search for a new hire - which will be led by Coyotes Majority Owner, Chairman and Governor Andrew Barroway, Alternate Governor Gary Drummond (who oversees the Coyotes hockey operations department) and President and CEO Anthony LeBlanc - will begin immediately.
Misc Rumor - RealGM
The NHL and the Coyotes announced today that an agreement for IceArizona to sell 51 percent of the Arizona franchise to Andrew Barroway has been finalized by the NHL's Board of Governors.
Barroway will serve as the Coyotes Chairman and Governor immediately.
"This is truly a dream come true for me and my family," said Barroway
Five For Howling: FanPosts
Craig Morgan reported today that Arizona Coyotes' Andrew Barroway would be selling shares to IceArizona, relinquishing his majority ownership stake in the team.
The article reports that philosophical differences between IceArizona and Barroway are the reason for the change, however details of what those differences are have not been made public. Barroway purchased 51 percent of the team late last year after failed attempts to purchase the New Jersey Devils and the New York Islanders.
His failed attempt at purchasing the Islanders lead to a $10 million lawsuit against Islanders owner Charles Wang for allegedly reneging on an agreement to sell him the team, the lawsuit was dropped as a condition for the Barroway to purchase his stake in the Coyotes. Andrew Barroway's time as majority owner was not without its controversies.
The City of Glendale had expressed concerns about having not met with Andrew Barroway
, despite the fact that Barroway
took over December 31st, 2014 the two sides had not met until the now infamous meeting last Monday before the vote to cancel the lease.
For their Coyotes defended the delay, with Anthony LeBlanc stating, "Mr.
Barroway in fact had a meeting set up with the mayor and council and they cancelled due to going into an emergency executive session to fire their city manager." The decision to step down as majority owner of the Coyotes raises many questions that we unfortunately do not have the answer to.
What were the philosophical differences between Andrew Barroway
and the rest of IceArizona?
2. The majority owner of the ...
2. The majority owner of the Coyotes, Andrew Barroway, opted to take a lesser share of the franchise.
Reports say that other partners in the enterprise will buy the share that he wants to get rid of.
The timing of this announcement is interesting because Barroway only acquired the majority interest in the Coyotes only about 6 months ago.
Moreover, he has had previous interest in buying into the NHL having unsuccessfully trying to buy the New York Islanders when they were previously on the market.
Coyotes majority owner Andrew ...
Coyotes majority owner Andrew Barroway was oddly nowhere to be seen during the meeting Wednesday.