Phoenix Coyotes bankruptcy
As such, here are a few quick takes on some of the headlines dominating the NHL landscape these days (including the Phoenix Coyotes situation, the Patrice Cormier charges, and Willie Mitchell's controversial comments),Â as well as a quick glance at the nearly-completed 2nd round of the NHL playoffs.
Judge Redfield T. Baum has ruled that Jim Balisillie cannot use bankruptcy law to force his purchase of the Phoenix Coyotes.Â Â The judge has also ruled that the NHL's relocation requirements do not violate anti-trust legislation.
The interview between league Commissioner, Gary Bettman, on Toronto radio station, FAN590 segment "The Game Plan" featuring Doug Maclean and Jack Armstrong, was a first hand look at the battle the relocation to Hamilton has become. Stating that after Jim Balsillie's attempts at hijacking the Nashville Predators to Hamilton, the commish indicated he sat down with the billionaire outlining what it would take to become an NHL owner.
Well, well, well.
In the non-surprise of the century, Jim Balsillie put in an offer on the recently-bankrupted Phoenix Coyotes before the ink had even dried on the bankruptcy papers.Â Â Â With a condition, of course:Â that he would have the right to move the team to Southern Ontario.
It's not so much the offer that is of note - it's been rumoured for months that he was targeting the franchise - but the timing of it is quite intriguing.Â Â Could there be some legs to those rumours of a second team in the GTA after all?