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Ex-Coyotes Owner Faces ASU Over $3.5M Dispute

3/14/2025

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Summary

Story summary

Alex Meruelo, the ex-owner of the Arizona Coyotes, is embroiled in a legal battle with Arizona State University over a $3.5 million security deposit following the team's move to Utah. He argues that the NHL's mandated sale qualifies as a "force majeure event," freeing him from the lease obligations. Meanwhile, ASU asserts that he still owes $820,000 in unpaid rent.

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Story summary

Alex Meruelo, the ex-owner of the Arizona Coyotes, is embroiled in a legal battle with Arizona State University over a $3.5 million security deposit following the team's move to Utah. He argues that the NHL's mandated sale qualifies as a "force majeure event," freeing him from the lease obligations. Meanwhile, ASU asserts that he still owes $820,000 in unpaid rent.