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Balsillie Will Not Appeal Phoenix Ruling

from CTV,

BlackBerry billionaire Jim Balsillie will not be appealing a ruling by a U.S. bankruptcy court judge that rejected both his and the NHL’s bids for the beleaguered Phoenix Coyotes.

The ruling effectively ended Balsillie’s long legal battle to relocate the team to Hamilton.

“From the beginning, my attempt to relocate the Coyotes to Hamilton has been about Canadian hockey fans and Canadian hockey. It was a chance to realize a dream,” Balsillie said in a statement. “I believe I got that chance. I respect the court’s decision, and I will not be putting forward an appeal.”

The ruling was clearly a victory for the NHL, even if it didn’t win outright.


Filed in: NHL Teams, d, | KK Hockey | Permalink
  Tags: jim+balsillie


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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com