Don’t Expect A Quick Sale Of The Coyotes

from Sean Fitz-Gerald of the National Post, While it expects to complete its purchase of the Phoenix Coyotes next week, the National Hockey League has not committed to a timeline of when it will flip the troubled franchise to another buyer, with the NHL deputy commissioner saying a re-sale is “not imminent.” Bill Daly also said the Coyotes, mired in sometimes heated bankruptcy proceedings since May, have attracted more than one suitor. Ice Edge Holdings, a consortium of Canadian and U.S.-based businessmen, has publicly confirmed its interest in the team, and met league commissioner Gary Bettman earlier this week. “Ice Edge isn’t the only horse in the race,” Daly wrote in an email yesterday. continued