Phoenix Coyotes Auction to Favor Local Bidders

By Dan Canavan The NHL franchise currently known as the Phoenix Coyotes will be put up for auction by the Bankruptcy Court.  On Monday, Judge Redfield T. Baum ruled that the team would be auctioned, and set a two-tiered schedule for the sale of the Club, designed to favor a local ownership group willing to keep […]

NHL Wins the Battle in the Desert, But Will it Win the War?

By Dan Canavan Late on Monday, Bankruptcy Judge Redfield T. Baum ruled that Jim Balsillie cannot force the NHL to move the Coyotes to Canada.  The Coyotes’ saga, however, is far from over. Judge Baum’s ruling does not preclude the ultimate transfer of the team to Balsillie or any other party that may seek to relocate the […]

Part II: Bankruptcy Court Yet to Rule on Phoenix Coyotes Case

By Dan Canavan Here is Part II of our observations from yesterday’s hearings in Bankruptcy Court concerning the prospective sale of the Phoenix Coyotes: Did the Coyotes Really Need to File for Bankruptcy Protection? Yes, it certainly appears that the Phoenix franchise should be in bankruptcy.  The franchise has rumored to have lost in excess of $300 […]

Part I: Bankruptcy Court Yet to Rule on Phoenix Coyotes Case

By Dan Canavan We have been closely monitoring the hearing taking place this afternoon in the Phoenix Coyotes bankruptcy proceedings.  As set forth in this post, the purpose of the hearing is to determine if the team is portable.  This issue will ultimately determine the value of the franchise and the fate of the Coyotes […]

Will The Attempted Relocation of The Phoenix Coyotes Help Bring The Whalers Back to Hartford?

By Dan Canavan As I touched upon in my article Phoenix Coyotes Seek Bankruptcy Protection, Sale, the NHL Players’ Association is giving up on hockey in the desert.  Paul Kelly, the executive director of the NHLPA, recently told The Hamilton Spectator that “it’s time to pull the plug’ on the NHL in Phoenix.”   Speaking on a Toronto radio station […]