the Coyotes from the NHL along with a lease agreement with Glendale. However, the Hulsizer deal collapsed in late June 2011 at least in part due to a threatened suit by the Goldwater Institute over the legality of payments Glendale would make to Hulsizer prior to the consortium buying the team. The threat of the suit may have prevented the sale of bonds to finance the payments. The team only stayed in the Phoenix area for the 2011–12 season after another $25 million payment by the City of Glendale. Also in 2011, former Coyotes bidders True North Sports and Entertainment purchased the Atlanta Thrashers and moved them to Winnipeg, thus ending any possibility that the Coyotes would return to Manitoba. As part of the transaction, the NHL agreed to transfer the Jets' name, logos, and related trademarks from the league-owned Coyotes to True North and the Thrashers thus becoming the "new" Winnipeg Jets. However, the original Jets' history remains with the Coyotes organization. The 2012–13 NHL lockout provided another opportunity for the Coyotes to find a potential owner and avoid relocation while the NHL suspended team operations during the labor dispute. A deal to former San Jose Sharks owner Greg Jamison had been drafted just as the lockout ended, but failed to be finalized and fulfilled by January 31, 2013. The deal would have kept the Coyotes in Phoenix for the next 20 years relying on a taxpayer subsidy, according to the agreement. It would also have had "Phoenix" dropped from the name and instead use "Arizona". California investment executive Darin Pastor also submitted a bid to purchase the Coyotes. His bid proposed to keep the team in the Glendale area while engaging young hockey players in the region through school partnerships and scholarship efforts. The NHL rejected Pastor's bid on May 13, 2013, citing the bid was "inconsistent with what we had previously indicated were the minimum prerequisites" of a bid. New ownership and the Arizona Coyotes (2013–present) Due to the team's bankruptcy status since 2009 and the annual revenue lost each year, the NHL planned to move the Coyotes should a deal with the city for a new lease and new ownership not be decided by July 2, 2013. The plan was to move the franchise to a new city, likely Seattle. On July 2, 2013, by a vote of 4–3, the Glendale City Council approved a 15-year