Holding on to Arizona because of its market size and potential relations to a TV deal has always struck me as extremely odd.
AZ was up against from the very start.
1) out of the 5/16 expansion or relocations from the early 90’s to now AZ was the only one that didn’t have an old arena that needed to be replaced like in Miami, Colorado, Dallas.
2) Nor did they have the same owner for both teams like Atlanta and Colorado did.
3) And have the nba team control the revenues of the arena. Iirc Dallas and Miami the city controlled it and this Heat and Panthers went their separate ways while Mavs and Stars worked together on a new arena.
4) AZ needed to either privately finance a new arena or work with another city or county for one.
5) thus it almost doesn’t matter than the suns arena couldn’t accommodate nhl since the suns would control the revenues and the nhl needs to at leave split with the nba team or be the one in control of the arena unless owned by the same entity.
6) suns owners never bought into the coyotes. Thus preventing a reunion when the suns were nearing the end of their 30 years lease and needed either major renovations or a tear down to make it nhl compliant.
7) then add in all of the mistakes the nhl and owners have made