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Andrew Barroway

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Name  Andrew Barroway
Role  Hedge fund manager
Spouse  Elyse Sitner Barroway

Andrew Barroway 635558166421082899andrewbarrowayjpg

People also search for  Charles Wang, Elyse Sitner Barroway, Jerry Moyes, Jessie Barroway
Children  Jessie Barroway, Jacob Barroway

Andrew Barroway is an American hedge fund manager. He is the owner of the Arizona Coyotes hockey team in the National Hockey League.

Andrew Barroway Barroway Press Conference 01022015 Arizona Coyotes

In October 2014, he agreed to purchase the 51% majority share of the Coyotes for $152.5 million, a franchise that was reportedly valued by Coyotes' president Anthony LeBlanc at $305 million. On December 31, 2014, the NHL Board of Governors approved the sale. The team had been previously purchased out of bankruptcy by LeBlanc's group for $170 million in 2013 with substantial concessions by the City of Glendale, Arizona. The City of Glendale paid subsidies to the NHL when revenue and value failed to meet the required minimums during bankruptcy proceedings. The NHL Board of Governors prevented the city from acquiring an ownership share in the franchise.

Andrew Barroway Andrew Barroway to relinquish role as Coyotes majority

In 2015, it was reported that Barroway had missed payments and would be removed from the majority shareholder position. However, in 2016, Barroway reportedly obtained a greater share of the franchise with up to 54% of the shares. In 2017, Barroway then bought out the rest of his IceArizona partners to become the sole shareholder.

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Andrew Barroway A game plan for Coyotes majority owner Andrew Barroway
Andrew Barroway Barroway Press Conference 01022015 Arizona Coyotes
Andrew Barroway wwwrealestatechannelcomnewsassetsAndrewLBar

References

Andrew Barroway Wikipedia


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