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Hulsizer hopes to purchase Coyotes this year
Shane Doan - W - Phoenix Coyotes
Dec. 6, 2010 - 2:30 PM ET

Matthew Hulsizer is hoping to his purchase of the Phoenix Coyotes finalized by the end of December.

Hulsizer said that he's close to securing a leasing agreement for Jobing.com Arena. He doesn't have any plans to replace coach Dave Tippett and GM Don Maloney, but he does want to hire a team President. Hulsizer admits he's going into this knowing that the Coyotes, who reportedly lose at least $20 million a year, aren't a smart investment, but he sees the team as a long-term project.

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