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Gostisbehere shows off his stick skills.
Shayne Gostisbehere nets a goal for the Coyotes. 0:50
1:45 PM
The Arizona Coyotes will not be locked out of their arena.
The team was at risk of losing access to the arena because of the large amount of tax liens, but Arizona has since come up with the money.
If the team does not pay the taxes by the end of the year, they will be barred from the venue. The cancellation of the team's business license was communicated to the team's CEO and team president, as well as the management company.
The Arizona Department of Revenue filed a tax lien against the IceArizona Hockey, which owns the Arizona Coyotes, because of their late bills, according to sources.
The statement blamed human error for the accounting issues.
"We have launched an investigation to determine how this could have happened and the initial indications are that it appears to be the result of an unfortunate human error," the statement read. We deeply regret the hassle this has caused. We will make sure the Arizona Coyotes are current on their bills by tomorrow morning. Immediate steps will be taken to make sure nothing like this can ever happen again.
The Coyotes are still looking for a new home, even though they can stay. They were told in August that the city of Glendale was opting out of its lease agreement with the team at the end of the season. Negotiations between the sides had been going on for a while, but nothing was finalized and either side had the option to leave the deal.
The project to shift Arizona to Tempe is under strain. The Arizona Republic reported in September that the Coyotes had made a proposal for a new hockey arena and entertainment district. When the news of the team's financial issues came out, the city of Tempe was still reviewing the proposal, but they did not comment on whether those revelations would affect their process.
Airport officials in Arizona raised concerns about the Coyotes' development plans being too close to Phoenix Sky Harbor International Airport and how the property lines up with two of the airport's busiest runways.
The officials of the company said that their plans wouldn't have an impact on the aviation hub.
