Balsillie loses this round

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 resolve all the various issues before the sale of the insolvent team to Balsillie for US$212.5 million that was due to close June 29. I haven’t yet read the document but when I do I’ll have further comment but I think it would be premature

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NHL's Hardline loses Steam in Court

Ever since Jerry Moyes decided to take the Phoenix Coyotes to bankruptcy the NHL has chosen to take a hard line against the Moyes-Balsillie scheme but when it comes to the court proceedings their hard line stance has been softened by the judge. Initially the NHL claimed vehemently that Jerry Moyes did not have the authority to take the team to bankruptcy because the league was in control of the team and had been in control of the team since last November. Moyes argued that he had given up some control of the team, but had not given up the

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Or maybe we won't…

Yesterday the court, upon request by Jerry Moyes’s legal team, requested that the NHL present to the court all the information it has on the discussions the NHL has had with Jerry Reinsdorf and his interest in purchasing the Phoenix Coyotes. Instead of doing so, this morning the NHL formally objected to that request stating that Jerry Moyes is not in control of the franchise and this is in no position to request that information and the divulging of that information could jeopardize value for the league. “There is no justification for the efforts of … Moyes to harass the

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Tomorrow we find out how interested Reinsdorf really was

According to CBC, and other sources, the bankruptcy court has, upon request from Jerry Moyes, ordered the NHL to turn over documents related to Reinsdorf’s interest in buying the Phoenix Coyotes. The NHL has claimed that Reinsdorf had shown interest in purchasing the Coyotes but as of yet we really don’t know how serious that interest was. There was talk that Bettman was on his way to meet with Moyes about Reinsdorf’s intent to purchase the franchise while others say that Reinsdorf may have only agreed to look into the idea of purchasing the team when requested by Gary Bettman.

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CBC reference and more on Balsillie's bid for Coyotes

So I sit down for dinner at around 6:30 last night and decide that it is a little quiet so I turn on the TV and watch CBC’s Hockey Night in Canada pre-game show. During the show they had a 15 minute interview with Jim Balsillie (click the link and then click on Inside Hockey: Jim Balsillie). Ron starts off asking the intro question asking Balsillie to tell everyone about what he is doing in putting in an offer for the Coyotes. What came next almost made my jaw drop. Ron MacLean then went on to quote from my article

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Does Bettman still think Everything is A-OK?

What happened to the Phoenix Coyote’s yesterday is what many people suspected may happen to them for a while. They went bankrupt. They went bankrupt despite the fact that over the past year Gary Bettman has continued to tell anyone who would listen that the NHL as a whole and its member teams are generally doing just fine, despite the economic down turn. Most people were smart enough to not listen to Gary Bettman. What is interesting this time is that Jim Balsillie sat on the sidelines waiting for the moment for the Phoenix Coyote’s to declare bankruptcy. He has

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State of the NHL Economy

Over the past several weeks we have had several tidbits of information come out giving indication to the general state of the NHL economy. Dec. 22: NHL defies economy, projects rise in revenue The NHL projects a 2 percent increase in league revenue for the 2008-09 season despite facing one of the worst economic crises to hit North America since the league contracted from 10 to six franchises around the time of the Great Depression Dec. 24: Report: Coyotes receiving financial assistance from NHL According to The Globe and Mail, the Coyotes are receiving financial assistance from the National Hockey

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Importance of Offense from Defence

Bruce Garrioch, Tim Baines, Don Brennan and Chris Stevenson of the Ottawa Sun wrote a ‘discussion style’ article today that brings up an interesting point about the importance of offense from the defensemen. Don Brennan: Waiting for you guys to say something smart is like waiting for snow to melt … The Senators’ defence last season was a collection of Orrs, Harveys and Coffeys compared to this group. Each year, the Stanley Cup champions get 200-plus points from their blueline. The Senators will be lucky to get 130 from theirs this season. Case closed. I decided to look into this

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