Video: Arizona Coyotes Officially Moving To Utah After NHL Approval

The NHL Board Of Governors unanimously approved the establishment of a new hockey franchise in Utah by Ryan and Ashley Smith and Smith Entertainment Group (SEG) using the assets of the Arizona Coyotes.

In addition, the board approved a future reactivation of a franchise in Arizona if certain conditions are met.

“Effective at closing, the approved transactions will result in the Coyotes’ franchise transferring the totality of its existing hockey assets – including its full Reserve List, roster of Players and draft picks and its Hockey Operations Department – to the Utah franchise,” read the press release from the National Hockey League.