In the sale contract there was a clause which gave Meruelo first crack at reactivating the Coyotes in Arizona, for a $1 billion expansion fee. Also:: all of the team’s intellectual property (including, name, logo, jerseys, franchise records, [both Arizona and Winnipeg]) remained with Meruelo. 8/10

This means that Utah would get the players and however many coaches and staff they could bring over, but none of the history, thus making it an expansion type team. The Coyotes would officially be known as an “inactive franchise,” to be reactivated later. 9/10