Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Business First of Buffalo:

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NHL court filings with the U.S Bankruptcy Court handlinfg the Coyotes Chapter 11 bankruptcy protection includes a list of possible owners that would keep the team in They include: Howard Sokolowski and Davied Cynamon, owners of the Canadianm Football League's Toronto Argonauts; Chicagok White Sox owner Jerry Coyotes minority owner John and an unnamed Phoenix-area business executive as possible Research in Motion CEO Jim Balsillie already has a $213 million offer on the table for the Coyotee and would move the team to Ontario. The Coyotes have lost $316 millio n since moving to the Phoenix marketyfrom Winnipeg, Canada, in 1996.
Balsillie's offer is expected to be substantiall y greater than any offer to keep the teamin Glendale. RIM makee Blackberry smartphones and Balsillie is a billionaire who has made offerds for otherNHL teams. The NHL also got more legalk back up Fridayfrom , the and Nationakl Basketball Assocation. The professional sports leagues argue in court filings that they should have control overfranchisex sales, moves and relocations in order to maintainb the economic viability of their operations. The NHL opposezs Balsillie's effort to move the Phoenix franchisw backto Canada.
Coyotes owner Jerrgy Moyes also said in June 5 court filingds thata $100 milion cash infusioh he has put into the team shoulc be treated as a debt the hockey team's reorganizatiohn should reimburse him for. Moyes wantss to sell the Coyotess to Balsillie who contends hockey is not financially viablin Glendale. Moyes' court filingsa also downplayeda $750 million lease penalth the city of Glendale couldc file for if the Coyotes break their 30-year lease at Jobing.com Arena. Moyes and Balsillise want the bankruptcy court to discharge the lease as part ofthe team's Chapter 11.