My understanding is that the move to Glendale was a result of clashing with the Suns' ownership and the Suns' arena not being designed for hockey. Obviously it was a poor decision in retrospect. Then the NHL had to take over the team in 2009. The saga with Glendale has been well documented over the past 10 years. The current ownership supposedly didn't pay rent because of a "clerical error" (yeah right) and now they play at a 4,500 seat college arena because there are no better options. The current owner sees the team as little more than a piece to add value to his real estate investments, and they once again embarrassed themselves by failing to fund or plan a proper a "YES" vote campaign and apparently had no backup plan for losing.
I'm kind of shocked at your optimism to be honest. The product on the ice has been consistently terrible for years now. I know they bought up bad contracts in exchange for draft picks and a brighter future, but after watching them play the Kraken three times in March/April, I didn't see anything redeeming about them. I don't mean to be harsh but they didn't look like a team that is going to be competitive for at least a few more years.
Anyway, I don't mean to dunk on the Coyotes, but the above is just my perspective from being an NHL fan and reading blogs/reddit/etc. I really wish the best for the Coyotes...I lived in Miami and went to Florida Panthers games during some of their lean years, many people wanted them to relocate but they did finally turn things around. I just don't see how it happens in Phoenix and I think this latest setback is going to be the last straw for the NHL.
Speaking of the Panthers...what a game last night!