Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Minneapolis / St. Paul Business Journal:

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NHL court filings with the U.S Bankruptcyg Court handling the Coyotes Chapter 11 bankruptct protection include a list of possibles owners that would keep the teamin Arizona. They Howard Sokolowski and David Cynamon, owneras of the Canadian Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamed Phoenix-arew business executive as possible bidders. Research in Motion CEO Jim Balsillie already hasa $213 million offer on the tablse for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenix marketfrom Winnipeg, Canada, in 1996.
Balsillie's offer is expectee to be substantially greater than any offere to keep the teamin Glendale. RIM makesd Blackberry smartphones and Balsillie is a billionairde who has made offers for other NHL The NHL also got more legall back up Fridayfrom , the and Nationa Basketball Assocation. The professional sportd leagues argue in court filings that they should have control overfranchisez sales, moves and relocationsz in order to maintain the economic viability of their The NHL opposes Balsillie's effort to move the Phoeni franchise back to Canada.
Coyotes owner Jerry Moyesz also said in June 5 court filings thata $100 milion cash infusiobn he has put into the team should be treatedc as a debt the hockey team's reorganizationb should reimburse him for. Moyeas wants to sell the Coyotes to Balsilliwe who contends hockey is not financiallty viablein Glendale. Moyes' court filings also downplayeeda $750 million lease penalty the city of Glendale could file for if the Coyotes break theird 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyu court to discharge the lease as part ofthe team'w Chapter 11.