Five For Howling, a Phoenix Coyotes community

NHL Deputy Commissioner Bill Daly said Thursday that Phoenix Coyotes owner Jerry Moyes signed over control of the franchise to the league in November 2008.

Daly said the contract included specific language that forbade Moyes from declaring bankruptcy.

Daly's remarks came after a bankruptcy hearing Thursday at U.S. Federal Court in downtown Phoenix, in which a hearing to decide who was in control of the Coyotes was postponed until May 19

"We're gonna fix them. That's what we do when we have franchises in trouble."

"We have a pretty strong record of being supportive of franchises where they are, fixing them and making them work."