NHL: FOUR BUYERS WILLING TO KEEP COYOTES IN PHOENIX
/ Arizona Coyotes
NHL commissioner Gary Bettman says four prospective buyers have filed preliminary background applications to purchase the insolvent Phoenix Coyotes and keep the team in Arizona.
The interested parties include Jerry Reinsdorf, owner of baseball's Chicago White Sox and the NBA's Chicago Bulls; Howard Sokolowski and David Cynamon, co-owners of the Toronto Argonauts of the Canadian Football League; and Las Vegas-based businessman John Breslow, who owns 3 percent of the Coyotes.
The fourth prospective buyer requested anonymity while further investigating the possible purchase, Bettman said in a declaration filed in U.S. Bankruptcy Court.
Bettman's declaration was among a flood of documents filed Friday in the attempt by Canadian billionaire Jim Balsillie to purchase the Coyotes through a Chapter 11 bankruptcy proceeding and move them to Hamilton, Ontario, over the objection of the NHL.
Judge Redfield Baum set a midnight Friday deadline for filings on whether he should order the sale and transfer of the franchise over the League's opposition. A hearing on the issue is set for Tuesday.