Who is Andrew Barroway? Everything you need to know about the controversial co-owner of the Arizona Coyotes
Andrew Barroway is an American businessman and hedge fund manager. He has a net worth of over $1 billion and is the founder of Merion Investment Management, a hedge fund management firm headquartered in New York and Arizona.
The 57-year-old was arrested on Thursday, March 23, for second-degree assault strangulation, a felony, and third-degree assault, a misdemeanor. This arrest has led to his suspension from the NHL indefinitely.
“The National Hockey League is aware of the arrest of Arizona Coyotes’ minority owner Andrew Barroway.ePending further information, he has been suspended indefinitely.” - NHL
Andrew Barroway's education, marriage, and more
Andrew Barroway was born in on January 6, 1966. He has a B.A. degree from Rutgers College and a law degree from the University of Pennsylvania. He married Sarah Chambers on November 3, 2018, after divorcing Elyse Sitner Barroway. He had two children with his ex-wife, Jacob Barroway, a son, and Jessie Barroway, a daughter.
Majority stake in an NHL franchise and a soccer club
Andrew Barroway bought the 51% majority share of the Coyotes for $152.5 million after approval from the NHL Board of Governors on December 31, 2014. Barroway became the sole shareholder of the Coyotes in 2017 after buying the rest of the shares. In an unexpected turn of events, he sold 95 percent of the shares to Alex Meruelo.
Apart from the NHL, he purchased 90% majority share of the Greek football soccer club Athens Kallithea football club for 300.000€. This was the second investment in the field of sports for the billionaire.
What's next for the Arizona Coyotes?
The Arizona Coyotes have had a poor season and will look to end it positively. They are placed second-to-last in the Western Conference Central Division with 66 points and are out of the playoffs race.
They have scored only 201 goals in 73 games, averaging less than goals per game this season. One-fourth of the team goals have come from Lawson Crouse and Clayton Keller. The team has been poor defensively and has conceded around 3.4 goals per game this season.
A lot has happened off the ice lately, which can also impact the team's play in the upcoming games. Plus, the Coyotes have lost their last three games and will be under pressure to perform as they face the Colorado Avalanche on March 26, 2023. But we can expect the Coyotes to give their best in the upcoming game while keeping all the off ice controversies aside.