Found August 27, 2009 on Goon's World: Yardbarker Blogger Network
I wonder if anyone else is confused. This sounds almost like the Montreal Expos situation where the league owned them and then they moved to Washington, D.C. The Coyotes have been a drain on their owners since they plucked the team out of Winnipeg. It would also be a shame if the Coyotes Jobing.com Arena was left just hanging.
After months of espousing its commitment to keep the Phoenix Coyotes in Glendale, Ariz., the NHL appears unsure hockey can work in the desert after all.

In an about-face, the league's bid to purchase the Coyotes out of bankruptcy court specifically mentions it is open to relocating the team.

"By acquiring the team at this time, the NHL will be able to salvage the team's 2009-10 season and can establish a more constructive timetable in which to solicit acceptable offers from qualified parties, including, if a potential buyer wishing to keep the team in Glendale cannot be found, conducting an organized process to relocate the franchise in another territory," the league states in its bid put before the Arizona bankruptcy court.

The league made its bid late on Tuesday, the same day Chicago sports entrepreneur Jerry Reinsdorf withdrew his offer.

The NHL bid mentions nothing about a commitment or desire to keep the team in Phoenix and casts further doubt on the team's viability in Phoenix by stating: "Despite the continuous efforts to facilitate the sale of the Phoenix hockey club to a qualified owner committed to keeping the team in Glendale, the NHL has reluctantly concluded that it is necessary to submit this bid for the NHL to acquire and operate the team." [Globe and Mail]




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