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The Coyotes are in Chapter 11 bankruptcy reorganization havinflost $316 million since movinhg to Arizona from Winnipeg in 1996. A deal is in the workzs to move the teamto Ontario. “From a players’ perspective, it’s time to pull the Kelly toldThe (Hamilton) Spectator. Kelly did not endors e a move to a specific but questioned whether the Coyotes can be financiallg viablein Arizona. Research in Motionb CEO Jim Balsillie isoffering $213 million for the team and woule move it from Glendale to Hamilton.
The National Hockeyg League and city of Glendale oppose the move and want to find ownersd that would keep the team in Coyotes owner Jerry Moyes put the team into Chapter 11in May. NHL Commissioner Gary Bettmam is fighting the sale to Balsillie saying hocket can be viable in thePhoenixd market.
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