GLENDALE, Ariz. — With only a couple thousand on hand, if that, the Phoenix Coyotes began an uncertain pre-season with a 4-2 split-squad win over the Los Angeles Kings.
Minority owner and coach Wayne Gretzky was nowhere to be seen as the franchise awaits resolution of its case in U.S. Bankruptcy Court and a final decision on its ownership. Associate coach Ulf Samuelsson ran the bench.
Jim Vandemeer scored a power-play goal in his Continue reading ‘Coyotes win in front of 2,000+ fans’
PHOENIX — More documents flooded the U.S. Bankruptcy Court in Phoenix on Friday, and the head of Ice Edge insisted his bid is still alive and will viable when the bankrupt Coyotes are sold at auction next week.
“We remain confident we will finalize everything that needs to be done by Thursday,” Ice Edge CEO Anthony LeBlanc said in an email to The Associated Press.
Ice Edge, a partnership of eight American and Canadian investors, Continue reading ‘Ice Edge CEO: Coyotes bid still alive’
CALGARY — Even though the NHL’s bid to purchase the Phoenix Coyotes caught captain Shane Doan by surprise, it has left him hopeful the team might be staying in the desert.
The league’s US$140-million bid to take control of the money-losing franchise was made with hopes of keeping it in Phoenix. The process has been taxing on all of the team’s employees — from coach Wayne Gretzky to the players to the staff.
“You feel for everybody,” Continue reading ‘Doan hopes NHL bid saves Coyotes’
PHOENIX — The NHL’s US$140 million bid to purchase the Phoenix Coyotes in U.S. Bankruptcy Court includes a provision to relocate the franchise if it proves unviable in its current Glendale location.
The league announced on Tuesday that it was submitting a bid but did not reveal the size of the offer until Wednesday. While the NHL would accept the existing lease to play in Glendale for the 2009-10 season, it stipulates that it would consider Continue reading ‘NHL bid open to moving Coyotes’
The outcome of the NHL’s battle in the desert over the ownership of the Phoenix Coyotes could send a cold shiver through other major professional sports leagues in North America.
The right to retain the final say over who can, and maybe more importantly, who cannot own a team is something the people running pro hockey, football, basketball and baseball are loath to relinquish, according to lawyers and sports insiders.
“The sports Continue reading ‘Coyotes saga could impact leagues’
PHOENIX — One week after the NHL rejected him as a potential franchise owner, Jim Balsillie’s dream of buying the Phoenix Coyotes and moving them to southern Ontario has been given new life.
U.S. Bankruptcy Court Judge Redfield T. Baum ruled Wednesday that all bids for the financially ailing Coyotes, those to keep the team in Arizona or to move it elsewhere, would be accepted for the Sept. 10 auction.
He specifically said the US$212.5-million Continue reading ‘Balsillie allowed to bid for Coyotes’
PHOENIX — A group led by Chicago Bulls and Chicago White Sox owner Jerry Reinsdorf has offered to buy the NHL’s Phoenix Coyotes for US$148 million and keep the team in Arizona.
The offer, submitted in bankruptcy court documents on Friday afternoon, is $64.5 million less than the bid by Canadian billionaire Jim Balsillie, who wants to move the franchise to Hamilton.
Reinsdorf’s offer calls for a new Jobing.com Arena lease Continue reading ‘Reinsdorf offers $148M for Coyotes’
PHOENIX — Chicago Bulls and White Sox owner Jerry Reinsdorf has promised to make an offer by Friday to buy the bankrupt Phoenix Coyotes and keep the NHL team in Arizona.
Reinsdorf lawyer Alan Klein said his client is in the midst of conversations with the city of Glendale, Ariz., on a new lease agreement that would be part of the proposal.
Klein made the comment from Chicago via conference call Monday in U.S. Bankruptcy Court Continue reading ‘Reinsdorf to make Coyotes bid by Fri.’
PHOENIX — Chicago Bulls and White Sox owner Jerry Reinsdorf has promised to make an offer by Friday to buy the bankrupt Phoenix Coyotes and keep the NHL team in Arizona.
Reinsdorf lawyer Alan Klein said his client is in the midst of conversations with the city of Glendale, Ariz., on a new lease agreement that would be part of the proposal.
Klein made the comment from Chicago via conference call Monday in U.S. Bankruptcy Court Continue reading ‘Reinsdorf to make Coyotes bid by Fri.’
SUNRISE, Fla. — Centre Steven Reinprecht has signed a three-year contract with the Panthers after the Coyotes traded his rights to Florida for left wing Stefan Meyer.
Panthers assistant general manager Randy Sexton announced the deal with the unrestricted free agent on Friday. Financial terms were not disclosed.
Phoenix is in bankruptcy proceedings and did not plan to re-sign Reinprecht.
The 33-year-old Reinprecht Continue reading ‘Coyotes trade Reinprecht to Florida’
