NHL Files Bid To Purchase Coyotes And Keep Team In Arizona

By: AP Email
By: AP Email

PHOENIX (AP) -- The NHL has filed a bid in U.S. Bankruptcy Court to purchase the Phoenix Coyotes and keep the team in Arizona.

Deputy NHL commissioner Bill Daly said in a news release that the league took the action "to maximize the likelihood that the club ultimately will be sold to an acceptable purchaser who is committed to operating the franchise in Glendale."

The news release did not say how much the league was offering to buy the team, which is scheduled to be sold at auction on Sept. 10.

Daly said that if the bid is successful, the league intends to sell the team to a third party outside of the bankruptcy process.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 54855412