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August 7, 2013 | 9:54am ET
Coyotes willing and able to spend

With new ownership in place, once and for all, the Phoenix Coyotes are finally in a position to increase their payroll and add extra pieces to the roster.

The Coyotes struggled to compete in the free agent and trade markets last season, due to a very tight budget, but are now in a position to work with more capital.

"There's a working budget that's been given to me that I need to work with," Coyotes GM Don Maloney told the Arizona Republic. "But if there's an opportunity -- and opportunities do present themselves during the course of a hockey season -- it may cost us a little more, but at least I have that ability to go to them and walk them through it, and if I can convince them it makes sense to spend more, then the resources are there."

It has been widely reported that the Coyotes had been entertaining offers for such players as defenseman Keith Yandle and Antoine Vermette primarily due to their higher salaries.

Maloney had received multiple offers for Yandle over the last two years, but refused to pull the trigger on a deal.

While Maloney has indicated that he'd be willing to trade just about any player, including Yandle, it would take a tremendously significant offer to make him part with the All-Star blueliner.

But even with their ownership solidified and a new budget in place, the Coyotes aren't going to be among the NHL's top-spending teams.

"There is no question that we would love to be able to spend the way top market teams do," Coyotes Alternate Governor Anthony LeBlanc told the Republic. "That is just not a reality in this market at this particular time."

One thing is clear, though:

"It takes away excuses," Coyotes captain Shane Doan told the paper. "It takes away crutches that you may have been able to use, and I think that's important in sports that you don't have any of that."

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