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Axios
Axios
Sport

Utah's new NHL team was an Arizona money pit

As the Arizona Coyotes decamp to Utah, the team's fraught history in the Phoenix area illustrates a pattern in big-league sports: A city can't get a team without public money, but taxpayer support is no guarantee they'll stay.

Why it matters: Salt Lake City is considering a sales tax hike to cover up to $1 billion in bonds for downtown renovations, including stadium space, for the new hockey team.


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