Mostly because of the arena and business' around Westgate. Glendale owns Jobing.com Arena, and is still paying on the loan it took out to build the place and lure the Coyotes to Glendale. Glendale needs the arena to bring in revenue, both from ticket sales and taxes on food/merch/hotels/etc on $ spent in Westgate. If the Coyotes remain in Glendale, it gives the city some long term (20 years at least) hope that the team can eventually make enough money that they can pay off the arena, or sell the arena to the owner of the team (which they are already discussing w/ Jamison from what I've heard). Therefore ridding itself of the arena debt and management costs of the arena, and just sitting back and making money off the people traveling to, and spending money in, Glendale. If the Coyotes leave, then Glendale is stuck paying millions for an arena with no anchor tenant. Sure they can book more weekend concerts and stuff like that, but they will never bring in the amount of people the Coyotes will over a season. Not to mention the Westgate business' that have already said they'd have to close down if the Coyotes pulled out.


