Friedman reports Bettman and Silver "have taken the lead" on a new arena from Coyotes owner Andrew Barroway and Suns owner Robert Sarver. Friedman did not specify where that arena would be located, but he suggested an agreement could be an uphill battle, as Sarver "is notoriously difficult."
ABC15 sports director Craig Fouhy reported last year that a joint arena with the Suns in Phoenix was among the possibilities on the table for the Coyotes, but it was considered a less viable option compared to possible locations in Tempe and Scottsdale. The Coyotes announced plans last year for a joint venue with ASU's hockey team in Tempe, but those plans later fell through.
The Coyotes have played at Gila River Arena in Glendale since the 2003-04 season but made plans to leave Glendale after the team and the city renegotiated its arena lease due to legal differences.
The Suns began play at what is now called Talking Stick Resort Arena in 1992. The Coyotes moved into the arena when they relocated from Winnipeg in 1996, and they shared the arena with the Suns until they moved to Glendale in 2003.
In March, the Arizona State Senate considered SB 1149, which would pave the way for $395 million in funding for a new Coyotes arena in the Valley. The bill would require Coyotes ownership to contribute $170 million of that funding, while the host city would pay for $55 million and the remaining $170 million would come via sales taxes. However, the Senate did not vote on the bill, as it was considered unlikely to pass.