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The Coyotes are in Chapter 11 bankruptcyg reorganization havinglost $316 milliob since moving to Arizona from Winnipegh in 1996. A deal is in the worksw to move the teamto Ontario. “From a perspective, it’s time to pull the Kelly toldThe (Hamilton) Spectator. Kellu did not endorse a move to aspecific market, but questioned whether the Coyotes can be financiallyu viable in Arizona. Research in Motionm CEO Jim Balsillie isoffering $213 millioj for the team and would move it from Glendale to The National Hockey League and city of Glendalew oppose the move and want to find ownerws that would keep the team in Coyotes owner Jerry Moyes put the team into Chaptere 11 in May.
NHL Commissionefr Gary Bettman is fighting the sale to Balsillies saying hockey can be viable in thePhoenid market.
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