Coyotes to remain in Phoenix this seasonThe troubled Phoenix Coyotes The Phoenix Coyotes are a professional ice hockey team based in the Phoenix suburb of Glendale. They are members of the Pacific Division of the Western Conference of the National Hockey League (NHL). franchise isn't off to Canada anytime soon following an emergency bankruptcy hearing in a United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. court . The Coyotes will play the 2009-10 regular season at Glendale arena while the staff, coaches and players await the outcome of competing auction bids, including one from Canadian business Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. tycoon Jim Balsillie. Balsillie, who wants to eventually move the team to Hamilton, Ontario, told the courts that he would keep the club in Phoenix this season if he won the auction. The bankrupt National Hockey League National Hockey League (NHL) Organization of professional North American ice-hockey teams. The league was formed in 1917 by five Canadian teams; the first U.S. team, the Boston Bruins, was added in 1924. It today consists of 30 teams in two conferences and six divisions. franchise has been bleeding red ink red ink Health administration A popular term for financial losses. Cf in the Black. since being moved to Arizona from Winnepeg in 1996. They have never made it past the first round of the playoffs since relocating although the future looks bright thanks to some smart drafting in recent years under head coach Wayne Gretzky. Rising stars, Peter Mueller and Kyle Turris, are just ages 21 and 20 respectively. But the wait has been too long for Phoenix owner Jerry Moyes who filed for bankruptcy in May. The NHL NHL Non-Hodgkin's lymphoma, see there brass would like to keep the team in Phoenix while Balsillie and the NHL players union would like to see another team in hockey-mad Canada. The league presented its own competing bid last month when Chicago tycoon Jerry Reinsdorf pulled out of the bidding process. At one point there were a handful of groups looking to buy the team. The NHL board of governors had previously rejected Balsillie's proposal to buy the team, but the courts could overturn the NHL's decision because of the bankruptcy. 
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion