June 1, 2010
Phoenix Coyotes Still Moving?
From Bankruptcy Beat
May 27, 2010
3:37 PM NHL Sets Deadline For Coyotes Sale, Threatens Move
By Eric Morath
The financially troubled Phoenix Coyotes may still be on the run.
The National Hockey League has set a Dec. 31 deadline for the city of Glendale, Ariz., landlord of the Coyotes’ home rink, to reach an agreement with new owners for the team, the Arizona Republic reported. Otherwise, the NHL may authorize the franchise to move to another market.
The league said it has a “bona-fide offer from a viable purchaser who would relocate the hockey team to another market,” the paper reported, referring to a legal agreement between the NHL and the city.
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