Hulsizer changes terms of potential Coyotes sale

GLENDALE, Ariz. (AP) - Chicago businessman and potential Phoenix Coyotes owner Matthew Hulsizer says he has changed the terms by which he would purchase the franchise in an effort to assuage legal concerns raised by the Goldwater Institute.

In an interview with Fox Sports Arizona on Sunday during intermission of the Coyotes games against Chicago, Hulsizer said he sent a letter to Goldwater on Friday.

Under the terms of the lease Hulsizer negotiated with the City of Glendale, the city agreed to sell $100 million in bonds that will go toward the purchase price of the team from the NHL.

The Goldwater Institute has said the agreement violates the state constitution regarding public financing of private transactions, a so-called “gift clause.”