GLENDALE, Ariz. (AP) — Glendale's interim city manager says a deal he helped renegotiate to keep the Phoenix Coyotes in the city's arena is simply too expensive for the city.
Interim City Manager Horatio Skeete told the City Council at a Tuesday night workshop the deal would require $6 million in additional general fund cuts on top of $12 million already expected. Making $20 million in cuts could mean cutting about 200 positions in the next five years.
The Arizona Republic reports (http://bit.ly/TfWYok ) the city's general fund would be an additional $94 million in the red with the Coyotes deal after 20 years.
Potentials Coyotes buyer Greg Jamison told the Council his group is waiting for a city vote on the agreement before completing the purchase.
The Council delayed a vote until next week.
Information from: The Arizona Republic, http://www.azcentral.com