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Report: Glendale Approves Arena Leases

From ESPN.com

Two lease proposals for the Phoenix Coyotes given to the Glendale City Council earlier this week were approved, sources told ESPN.com on Thursday.

Here's the full report. Nothing's official yet, but this is a major step towards the Coyotes staying in Phoenix. The lease was known to be the major stumbling block in the whole thing. We all know about Ice Edge Holdings, but the speculation about the Jerry Reinsdorf group seems to be confirmed with the fact that there were two lease proposals approved.

With that out of the way, there's a good chance that things can fall into place. Check in at Five For Howling for more.

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