NBA Team Owner Pulls his NHL Team from State and Losses Wagering License
When Ryan Smith—the billionaire owner of the NBA’s Utah Jazz—announced that he would be buying up the NHL’s Arizona Coyotes, more than a few heads turned. He had previously been open about his desire to move the team to Salt Lake City and, while sports teams change cities all the time, this one might have a few unintended consequences.
The Current Situation and Licensing Status
The Arizona Coyotes have been a struggling franchise for years.
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