It’s On: Another Day in Court

The second day in Arizona court flew into action with Gary Bettman taking the stand and a whole lot of chatter about relocation. After Judge Baum announced yesterday that the auction might not result in any bids taking the Coyotes, liquidation was put on the table as a possible solution. The day began with JimContinue reading “It’s On: Another Day in Court”

It’s On: Coyotes Battle Reaches Boiling Point

The time is finally upon us to (hopefully) find out how this Phoenix Coyotes saga will come to an end. I’ve been covering every single minute detail of the saga here and tomorrow (Friday) marks the day of reckoning for Bettman, Balsillie, fans in Hamilton and the rest of us. Judge Redfield T. Baum startedContinue reading “It’s On: Coyotes Battle Reaches Boiling Point”

And Then There Were Two…

It was almost as if this was destined to happen. The two greatest adversaries in the Phoenix Coyotes saga are now face-to-face as the only remaining components to ownership of the struggling franchise. Ice Edge Holdings, a group comprised of Canadian and American businessmen, have dropped out of the running for ownership of the Coyotes.Continue reading “And Then There Were Two…”

Balsillie Submits Amended Proposal

Jim Balsillie is nothing if not persistent when it comes to his desire to take the Phoenix Coyotes franchise and move them to Hamilton. Today Balsillie submitted an amended proposal to buy the Coyotes at a price tag of $212.5 million with a move to Hamilton in the cards whether the league likes it orContinue reading “Balsillie Submits Amended Proposal”

Reinsdorf Reaches Agreement in Principle for Coyotes

Jerry Reinsdorf’s group has reached an agreement in principle for the Phoenix Coyotes franchise. The deal was reached with the franchise’s largest creditor, SOF Investments, and included a “substantial pay-down” of what the group is owed. The rest will be rolled over into what is known as an ongoing debt. In other words, Reinsdorf’s ownershipContinue reading “Reinsdorf Reaches Agreement in Principle for Coyotes”