Sign in with your NHL account:
  • Submit
The Official Website of the Arizona Coyotes Official Website of the Arizona Coyotes Facebook Instagram Mobile App Twitter Pinterest Newsletter
 
 
  • PRINT
  • RSS

JUDGE EXPANDS BIDDING FOR COYOTES

Wednesday, 08.05.2009 / 7:27 PM / News
By Dave Vest
U.S. Bankruptcy Judge Redfield T. Baum on Wednesday afternoon ruled that all qualified bidders will be allowed to take part in an auction for the Coyotes on Sept. 10.

The NHL had asked Baum to limit the auction to bidders who want to keep the team in Glendale.

Canadian businessman Jim Balsillie has offered to buy the team and move it to Hamilton, Ontario. Last week, however, the NHL's Board of Governors unanimously rejected Balsillie's application for ownership.

Two other groups - Glendale Hockey LLC and Ice Edge Holdings LLC - want to buy the team and keep it based in Glendale.

"We are in receipt of and have reviewed the Court's Order issued earlier tonight," NHL Deputy Commissioner Bill Daly said in a statement. "Obviously, there is a lot to be done and possibly decided before September 10. We remain confident that the successful bidder will be one who is committed to continuing to operate the Coyotes in Glendale for the long term. We also remain confident that Mr. Balsillie's bid for the team will never be approved by the Court for a variety of reasons, including that his application for ownership was overwhelmingly rejected by the NHL Board of Governors last week. We look forward to making significant steps toward resolution of this unfortunate situation over the next several weeks."

Along with his ruling, Baum scheduled a hearing to discuss auction issues for Aug. 11 at 1:30 p.m. in downtown Phoenix.
 
Earlier Wednesday, Baum delayed a hearing on whether to find team owner Jerry Moyes and his lawyers in contempt of court for publicly filing sensitive documents regarding the contents of bids.


ArizonaCoyotes.com is the official Web site of the Arizona Coyotes. The Arizona Coyotes and ArizonaCoyotes.com are trademarks of IceArizona Hockey Co LP. NHL, NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks of the National Hockey League. All NHL Logos and marks NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Copyright © 2010 The Arizona Coyotes and the National Hockey League. All Rights Reserved.


NHL.com Terms of Use | Privacy Policy | AdChoices | Contact us | Site Map