Tag: coyotes finances

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NBA, MLB and NFL also on the NHL's Side


Hey remember when I said that a Balsillie win would be bad for everyone? The other three leagues happen to agree. Suck it Balsillie!

Actual Coyotes Bankruptcy Paperwork!


Here's everything you ever wanted to see about who the Coyotes owe money to /glove tap to TheDiva Some highlights: Coyotes LLC Owes 104Million+ to Jerry Moyes himself, 1.3 Million to BWD Group, 1/2 a million to the City of Glendale and 271k to the NHL.

Coyotes file Ch. 11 - I'm trying not to hurt anyone...


I'll have something up about this mess a little later tonight. Right now i'm so angry everything just comes out as long straings of unprintable words. For now I say screw off haters that want this team to move, and keep the faith Coyotes fans. At least for 8 more weeks. Here's some Links... NHL surprised by filing, remove Moyes from Coyotes decision making. Post from Esposito over at Fanster

Gretzky says new ownership to come soon...


Gretzky also revealed that he thought the team’s financial situation would be resolved in the next "three to four weeks and that new ownership could potentially add a piece or two to the team in the form of free agents to supplement the youth movement. He also talked about how things went this season from good to bad and how the finances effected the team. Pretty good interview. h/t to Mirtle for this one.

Coyotes Tabled Second Offer; Considered Better Than the First


Darren Dreger at TSN is reporting that the Coyotes now have two offers on the table to purchase the team. Hopefully this gets taken care of quickly so that the Yotes can be players in the Free Agent market this summer...

New York Post stating that NHL in charge of Yote Finances


Coyotes, in severe financial distress and receiving funds from the NHL, cannot make a player move without approval from the league office, Slap Shots has learned. "The Club has agreed to consult with us in connection with all significant financial transactions, including those relating to players," deputy commissioner Bill Daly wrote in an e-mail correspondence, confirming reports from several management sources.

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