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Coyotes back to the Jets?


Satans Hockey

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And if they can't collect enough money through those taxes (er, surcharges), then what? Government is usually shortsighted but wow....

I would take this as a sign that both Glendale and the NHL are very confident that they will be able to eventually come to a deal with either Reinsdorf or Ice Edge. It does seems that if Bettman and Glendale's mancrush on Reinsdorf falls through the boys from IEH are always ready to step in. If the team sells, Glendale isn't on the hook for anything. This is just insurance policy for the NHL in return for not pulling the plug now and moving the team to KC or Winnepeg.

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Thought this was news-worthy enough to bump this thread with news being as slow as it is.

Some highlights:

Winnipeg’s hopes to get back in the NHL jumped again, as the league issued an ultimatum to the city of Glendale – find a buyer for the Phoenix Coyotes by Dec. 31 or we will sell them to someone we have waiting to buy and move the team.
...a source familiar with the Glendale negotiations said the offer referred to in the agreement is from Thomson and Chipman.

The agreement,, says the NHL has “a bona-fide offer from a viable purchaser who would relocate the hockey team to another market for the 2010-11 season and contemplates that the owners [the NHL] would break even on their investment in the team through the end of the 2009-10 NHL season as well as the NHL potentially receiving a relocation fee.”

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