When it comes down to it, The CW's choices in Phoenix are slim. Nexstar needs to somehow convince Gray TV with KTVK, Fox with KUTP, or the locally owned KAZT to carry The CW or sale to Mission Broadcasting if they want Pay TV coverage and retrans fees. Otherwise, if they want Pay TV coverage and are okay without retrans fees, they could go with a Must-Carry station in which the choices are KPAZ (highly unlikely), KPPX, and KMOH in Kingman which rebroadcasts on KEJR-LD in Phoenix and is available on all major Pay TV providers in Phoenix. Otherwise, The CW is stuck with a Sub-Channel.
Both KPPX and KPAZ have both elected Must-Carry for 2024-26 cycle. So Nexstar could buy them via Mission Broadcasting, if they don't mind not being able to get retrans fees until 2027...