The Arizona Coyotes have announced that Alex Meruelo is the team’s new majority owner, chairman and governor after the 55-year-old purchased the controlling interest of the NHL club from Andrew Barroway.
In doing so, Meruelo becomes the first and only Hispanic majority owner in the league, per the Coyotes.
“This is an incredible moment for me and my entire family. The Arizona Coyotes team is poised to do great things on and off the ice,” Meruelo said Monday via a team release. “I look forward to helping hockey continue to thrive in the desert, and I am committed to providing our passionate fans, loyal partners and the entire State of Arizona with a team they can be proud of for years to come.”
“Mr. Meruelo is a proven winner and his track record of multi-faceted and dynamic business accomplishments makes us well-positioned for continued growth, progress and long-term success here in Arizona,” said team president and CEO Ahron Cohen via a release. “Today marks a major step forward for our organization and our great fans and partners.”
Meruelo’s business portfolio consists of “casino gaming, real estate, construction and engineering, hospitality, television and radio stations, food services, and private equity,” according to the Coyotes.