Fountain Circle Townhomes

Hockey fans can forget, at least for now, about seeing the Phoenix Coyotes move.

For the last couple years, the Coyotes, as a hockey team, have performed fairly well on the ice. They have made the playoffs the past two years, finishing sixth in the West this season, and fourth last season with a Phoenix-record 107 points. Although being discarded both seasons in the first round isn't exactly playoff success, it is an achievement for a team that has been owned by the NHL over that span. The coaching staff deserves much of the credit, as do the players for believing in themselves as a team and shutting out all the white noise.

On-Ice Success, Off-Ice Failure

For as well as the team as done on the ice, the franchise has faltered off of it. The lengthy past of the Coyotes financial dealings is a little jumbled, but here's the quick version. The Coyotes have lost a pile of money over the last decade. In fact, in a blog from 2009 in the National Post, figures had owner Jerry Moyes losing over $300M USD from 2004-2009 (and that includes the lockout season). This is not a failure of the on-ice product; in fact, the Coyotes have made the playoffs seven out of 14 seasons since the move from Winnipeg.

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