Arizona Coyotes free agency continues

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Mike Ribeiro is a huge free agent signing for the Coyotes and started a process that started with Maloney and Tippett and ended with several pieces remaining and some leaving.

Mar. 25, 2013; Glendale, AZ, USA; Phoenix Coyotes center Lauri Korpikoski (28) warms up prior to the game against the Detroit Red Wings at Jobing.com Arena. Mandatory Credit: Matt Kartozian-USA TODAY Sports

Arizona also signed free agent goalie Thomas Greiss to serve as a backup to Mike Smith and re-signed unrestricted free agent forward Kyle Chipchura to a multiyear deal. Forward Lauri Korpikoski and defenseman Michael Stone, both restricted free agents, signed multiyear deals as well.

Stone re-upped for three years, while Korpikoski’s deal is for four, according to a source. Korpikoski’s contract is worth $10 million, the source added.

The Coyotes have been unable to afford top-line talent the past four years, hamstrung by the financial restraints of being run by the NHL.

Now with a new stable ownership in place the sky is truly the limit. Any new owner knows it takes a splash to gather water needed for steam. That steam can move a locomotive of success for the embattled franchise. The Arizona Coyotes let go Jason LaBarbera the long time back up in net.

Who could be the next big signing for the Coyotes. Many love Dave Tippett and the weather here. Homes are being sold for half of the rest of the nation. Where else can you get a million dollar home for $500k? Now with a stable owner there is no excuse not to come play hockey and golf in the off season.

Arizona also signed draft pick Max Domi the son of a legend to a 3 year deal. Andy Miele got a one year deal and this may be his last chance to make a mark on the coaching staff and realize his potential. Let’s howl Yotes!