TheLegend
"Just say it 3 times..."
Before y’all scratch your heads over this it falls right in line with what the league has done.
From a legal POV, the Coyotes are now a deactivated franchise. Meruelo has an exclusive five year window now to work to get the franchise reactivated and pay the league back, or the league could then transfer those rights to someone else.
Being deactivated though means Meruelo can’t vote, but he can remain informed of any league activities (CBA negotiations, etc.)