Balsillie renews bid to buy Coyotes
by J_Dub on Jun 19, 2009 5:16 AM MST
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PrintHey folks...
I just stumbled across a blog post reporting that Jim Balsillie has conceded some ground in his bid to buy the Coyotes.
According to OSG Sports, Balsillie officially renewed his bid to buy the Coyotes out of Chapter 11, and move them to Hamilton, Ontario. However, he took the rush clause out of the bid.
I know the NHL wanted to have an auction where only bidders willing to keep the team in Phoenix, but there is a chance a second auction will be required. That's what Balsillie is hoping for.
I just thought I'd share. I just hope the Coyotes stay put...
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