Judge Redfield T. Baum has decided to allow all bidders into the September 10th auction, including Jim Balsillie against the pleading of the NHL. It was the most significant decision that Judge Baum has made so far in the bankruptcy case and in my opinion has clearly put Jim Balsillie’s offer for the Coyotes at [...]
Jim Balsillie spokesman Bill Walker and Lawyer Richard Rodier held a press conference this morning and made some very interesting points. 1. Jim Balsillie hasn’t given up his quest to move the Coyotes to Hamilton and it is likely that they will submit another bid to purchase the team with a different timeline. No details [...]
If you haven’t heard yet, Judge Redfield T. Baum has ruled against the Balsillie bid to purchase the Phoenix Coyotes and move them to Hamilton. This means that the Coyotes will remain in Phoenix for at least one more season. In the 21-page document he said the court didn’t believe there was enough time to [...]
Over the past couple of days I have heard all kinds of numbers thrown out on what a reasonable transfer would be, most of these numbers just picked out of the air and given little thought from the people tossing them out there. I have heard numbers like a $300 million transfer fee plus additional [...]
