Mat Ishbia May Be The Only One Who Can Bring Hockey Back To Phoenix

Why It Matters

The feasibility of an NHL franchise in Phoenix hinges on securing a modern arena, and Ishbia’s resources and community influence could be decisive for the league’s expansion strategy and the region’s sports‑economy growth.

Key Takeaways

• Ishbia owns Suns, Mercury; open to supporting Phoenix NHL return.
• Current arena unsuitable for hockey; new venue may cost $2‑4 billion.
• Coyotes left after failed arena referendums and lease issues.
• Mortgage Matchup Center lease runs to 2037; no arena plans yet.
• Successful NHL comeback would boost local economy and youth hockey.

Pulse Analysis

Mat Ishbia’s recent comments at a Suns postseason press conference have reignited talk of an NHL comeback in Phoenix, a market that once hosted the Arizona Coyotes. While Ishbia’s ownership of the NBA’s Suns and the WNBA’s Mercury showcases his commitment to the city’s sports landscape, his primary focus remains on maximizing the existing Mortgage Matchup Center. The arena, originally built in 1992 and renovated for $230 million in 2019, is lauded for basketball but its design obstructs sightlines for hockey, underscoring the need for a purpose‑built facility if the NHL is to return.

The Coyotes’ departure in 2021 was the culmination of a series of arena‑related setbacks, including three narrowly‑lost referendums in Tempe and a contentious lease at the outdated Mullett Arena. Industry analysts estimate that a new, NHL‑compatible arena could require $2‑4 billion, split between construction and franchise acquisition costs. With five major venues already serving Maricopa County, the financial calculus for another large‑scale arena is steep, and public financing remains uncertain. Ishbia’s existing lease through 2037 provides stability for basketball but does not obligate him to pursue a new hockey venue, leaving the timeline ambiguous.

Nevertheless, Ishbia’s deep pockets and proven willingness to invest in Phoenix infrastructure position him as a potential catalyst. If he partners with the city to develop a state‑of‑the‑art arena, the NHL could secure a foothold in a four‑sport market, revitalizing youth hockey programs and generating ancillary revenue from concerts and events. The economic ripple effect would extend beyond ticket sales, influencing hospitality, retail, and job creation. While no concrete plans have emerged, Ishbia’s statements suggest that a strategic, long‑term approach could eventually align the interests of the league, the city, and the broader Phoenix community.