The Phoenix Coyotes will be moving out of the desert. That is only of course if Jim Balsillie can move the team to southern Ontario. A hearing is planned for this week and their fate will be decided. The rumor is he has offered $212 million.
From Bill Daly via NHL.com:
â€œWe have just become aware of todayâ€™s Bankruptcy Court filing purportedly made on behalf of the Phoenix Coyotes. We are investigating the circumstances surrounding the petition, including the propriety of its filing. We have removed Jerry Moyes from all positions of authority to act for or on behalf of the Club. The League will appear and proceed before the Bankruptcy Court in the best interests of all of the Clubâ€™s constituencies, including its fans in Arizona and the Leagueâ€™s 29 other Member Clubs.â€
Sounds like The Phoenix Coyotes may be a Canadian Team very soon.[youtube:enter youtube url here] Favorite This!