"Coyotes owner Alex Meruelo has put in a letter of intent to purchase 41 acres in Mesa, Arizona for the team's new arena.
Meruelo is also still looking into other possible sites including Mesa, Phoenix, and Scottsdale.
Meruelo's goal is to have multiple sites under contract so there are options. This is to have a plan in place by the first quarter of 2024, so a target date is hit for a new arena's completion in time for the start of the 2026-27 season."