City of Glendale spends millions to keep Coyotes

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GLENDALE -- Public records show that the City of Glendale has paid out more than $2 million in their effort to keep the Phoenix Coyotes in the Valley.  City officials say they did what they had to to keep the team in Arizona and told a bankruptcy judge that the city would have lost over $500 million if the team would have left.  One bidder in the bankruptcy proceedings wanted to move the team to Canada, instead the NHL is working to find a buyer that will keep the team in Glendale.