The dots are being connected in a way that points to the Coyotes moving to Salt Lake by people who WANT the Coyotes to move, period, and have wanted that for 15 years now.
And you can really see that with the concept of the NHL "needing cover" to vet Smith (which they don't, period) so they aren't seen as sandbagging a potential arena deal in PHX.
#1 - That's illogical: The NHL wants an Arena deal in Phoenix first and foremost. They've said a million times (about every franchise) that an arena deal to keep the team there is the first goal, and relocation is the absolute last resort. You can't be at the last resort AND sandbag a potential arena deal at the same time.
#2 - this deadline stuff is artificial. They reported the league has allegedly put a deadline on the Coyotes to do something. It was reported as "Shorty after the Super Bowl" (an event with zero ties to the NHL but a convenient sports time stamp) simply because the PREVIOUSLY reported deadline (the NHL All Star break) came and went with nothing new to report. I think up next is NCAA Selection Sunday, then the Masters or MLB Opening Day, then the end of the regular season, then the end of the playoffs, then the Draft, and then by opening day of next season...
#3 - we all know that striping an owner of the team isn't really plausible. Even if it could theoretically be done by calling in debt, the other owners really want to give the power to the league to force an owner to sell, like ever? All the NHL can do is craft rules that prevent future situations like this someone from arising: Which they have, as the last seven expansion or relocations teams were not granted approval without a new NHL ready arena to play in at the time of their start dates (ATL, MIN, CBJ, NASH, VGK, SEA all waited to join the league when their arenas were complete, they didn't start early in temporary venues like half TB, SJ, ARZ, CAR and OTT did.
Everyone's crafting narratives of the league being sick and tired of the Coyotes not having a resolution and becoming "just another team" with an NHL arena and revenues that aren't an issue for league business. Which is where we've been for 15 years. And we can see from previous franchises (Islanders) or other leagues (Oakland A's) that not only does the "last resort" option of relocation rarely happen, and the rope leagues give teams extend virtually indefinitely, but that owners who won't sell their teams have the control of where the team plays, even if it's a terrible decision for the league.