Kukla's Korner Hockey
All Bids For Phoenix Are Conditional
by Paul on 08/06/09 at 08:24 AM ET
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from Steve Simmons of the Toronto Sun,
When asked last night what would happen should Balsillie be granted the franchise by the court on Sept. 10 after the NHL has already vetoed him as an owner, NHL deputy commissioner Bill Daly told Sun Media: “I don’t anticipate that happening.”
The truth is, the NHL didn’t anticipate Balsillie getting this far, or for that matter, the dealings on the Coyotes getting this messy.
In fact, the NHL may find itself in a less than enviable position no matter what occurs in the auction next month. The NHL’s preferred bid for the Coyotes is the one headed by Chicago sportsman Jerry Reinsdorf who is heading up a group, although we are told none of his own money is involved with the bid, which would see the team remain in Phoenix.
The Reinsdorf offer, like Balsillie’s offer, like a still unofficial third offer from the Ice Edge Holdings group, is conditional.
Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
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