The Phoenix Coyotes may soon have a new owner that will keep the team in Glendale for the foreseeable future.

California investment executive Darin Pastor, who has a family history of hockey team ownership, submitted a bid to the NHL Friday to buy the Coyotes and keep them in Glendale, according to the Phoenix Business Journal.

Pastor is also interested in putting in a bid to run Jobing.com Arena, and has a May 24 deadline.

The bid is described as being a "premium" deal for the NHL and could be done by early June as it involves Pastor's family and would not include outside investors.

In late March, Pastor announced his interest in purchasing the Coyotes after contacting team president Mike Nealy.

Pastor is the founder and CEO of Capstone Affluent Strategies, a wealth management firm located in Irvine, Calif.

The 42-year-old Buffalo native grew up around hockey. His grandfather and great-uncles bought the Buffalo Bisons of the American Hockey League in 1956 after the previous owner threatened to move the team. The family sold the Bisons in 1971 when the NHL expanded to western New York with the Sabres.