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Stanley Cup Final

NHL signs letter of intent to sell Coyotes

Friday, 12.11.2009 / 6:20 PM / News

NHL.com

NEW YORK -- National Hockey League Deputy Commissioner Bill Daly issued the following statement today regarding the proposed sale of the Phoenix Coyotes to Ice Edge Holdings:

"The NHL and Ice Edge Holdings announced today that they have entered into a Letter of Intent to proceed in attempting to document and close a proposed transaction pursuant to which Ice Edge would purchase the Phoenix Coyotes' franchise. While much remains to be done, the NHL looks forward to working closely with Ice Edge to bring the sale to conclusion as expeditiously as possible. Ice Edge has committed to keep the Coyotes in Glendale, Arizona."




Quote of the Day

For our team, as a group, we've never been this far before, and so it's just more lessons learned, and sometimes you have to go to the school of hard knocks to find out what works and what doesn't. We've got a young group. They've played some unreal hockey here to get us this far, and we showed if we're not going to play the proper way, a really, really good hockey team is going to beat you, and that's what they did. It's a lesson learned.

— Lightning coach Jon Cooper after Rangers win in Game 6 forced a Game 7 that will be played at Madison Square Garden on Friday