According to a new report, Ryan Smith, owner of the Utah Jazz and Utah HC, received $900M in public funding to renovate their arena and develop a three-block sports and entertainment district.
Strings were attached to that deal, and now, the Utah HC will need to play all their home games in Utah for the next 30 years, or they'll face a fine from the city. It also confirms that the team should stay in Utah for the next 30 years. Unless something changes, we shouldn't see them relocate, like the Arizona Coyotes did.
Also, if the team wants to play a few games in Europe or take part in outdoor games, they'll need to be the away team to avoid consequences in Utah.
