Now that the Arizona Coyotes have reached an agreement with the Tempe City Council to continue negotiations on a new arena and entertainment district in the Phoenix suburb, their team president and CEO, Xavier A. Gutierrez, says the next challenge is to clear up misconceptions about what is in the works -- and how the team plans to pay for it.

"The biggest [hurdle] honestly is to have people understand the project," Gutierrez told ESPN on Wednesday.  "There was a transparency clause that really prohibited us from speaking publicly [before a June 2 hearing]. We've been under wraps for so many months, and so now we're getting people comfortable. We're saying, 'We're going to pay for all of this.' And we have [been met with] some skepticism about that, but that truly is what we're proposing."