BREAKING: Alex Meruelo Walks Away From Ownership Of Arizona Coyotes

Alex Meruelo is calling it quits. Multiple sources told PHNX Sports that ownership addressed Arizona Coyotes staff on Monday, telling them that they have no plans to pursue further arena options.Craig Morgan, who broke the story, and host Leah Merrall give you the latest on this developing story.An ALLCITY Network ProductionSUBSCRIBE to our YouTube: https://bit.ly/phnx_youtubeALL THINGS PHNX: http://linktr.ee/phnxsportsPHNX Events: Get your tickets to PHNX events and takeovers here: https://gophnx.com/events/Desert Financial Credit Union: Open a free checking account online with Desert Financial Credit Union and get $200 in bonuses https://www.desertfinancial.com/200Factor: Get 50% off nutritious, convenient meals to keep you energized on jam-packed days https://factormeals.com/phnxyotes50Gametime: Download the Gametime app, create an account, and use code PHNX for $20 off your first purchase.Four Peaks: Follow them on social @fourpeaksbrew & @fourpeakspub! Must be 21+. Enjoy responsibly.Circle K: Join Inner Circle for free by downloading the Circle K app today! Head to https://www.circlek.com/store-locator to find Circle Ks near you!OGeez!: OGeez! is not your average cannabis-infused gummy. Head over to https://www.ogeezbrands.com to find where you can purchase. Must be 21+. Enjoy responsibly.Factor Mealkits: Use code PHNXYOTES50 to get 50% OFF your first Factor box and 20% off your next month with any active subscription at https://factormeals.com/phnxyotes50When you shop through links in the description, we may earn affiliate commissions.Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Learn more about your ad choices. Visit podcastchoices.com/adchoices