The Phoenix Coyotes situation has dragged on way too long. They are all but guaranteed to spend the upcoming season competing for last place in the league as a result. I think the NHL should have either allowed the move to Hamilton long ago or contracted the team. It is awful to see the mess they created that seems to be getting continually worse. One part of the mess was coaching. Wayne Gretzky was the Phoenix Coyote coach. He was also a minority owner of the team. He owned about 1.4% of the team when it went in to bankruptcy. This makes him insignificant in the ownership scheme of the team, but important in terms of lending his name to the franchise as a goodwill ambassador. For this role and his coaching job he was paid $8 million a year. That made him the highest paid coach in the NHL - if you ignore his other roles with the team (which make up some of his salary).
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