Found September 14, 2009 on Field of Schemes:
As expected, Friday's session of the Phoenix Coyotes bankruptcy hearing provided plenty of drama, as the standoff between the NHL and Blackberry king Jim Balsillie reaches absurd proportions. On Friday, both sides upped their offers for the bankrupt franchise, Balsillie guaranteeing more of his $242 million offer, the league promising for the first time that some of its $140 million bid would go to current owners Jerry Moyes and Wayne Gretzky. The NHL also levied a new demand before Balsillie will ever be allowed to own an NHL team: He has to say he's sorry: "Perhaps someday his passion for hockey will meet up with a recognition on his part that he isn't above the rules that apply to all the other NHL owners," Tony Clark said at an auction for the league's bankrupt Phoenix Coyotes, for which Balsillie and the NHL are the only bidders. "Maybe he will find a way to express an honest regret and a humility and acknowledge where he went wrong." Fr...
THE BACKYARD
BEST OF MAXIM
AROUND THE WEB
THE NHL HOT 40
Today's Best Stuff
For Bloggers

Join the Yardbarker Network (YBN) for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.