Kukla's Korner Hockey
by Paul on 05/16/09 at 11:57 AM ET
from Record News Services,
Last night, Balsillie’s latest filings in response to some strong words earlier in the week from the NHL appeared to include that kind of logical, meet-you-halfway solution. In his court documents, Balsillie offered to keep the Coyotes in Arizona for one more season if the league will let him buy the team for $212.5 million (U.S.).
Not so fast.
Balsillie’s offer was made on condition the relocation of the team gets approved and that the NHL would pick up all the losses, which may have amounted to $45 million this season.
Well, the NHL’s never going to accept that. The other 29 teams would never countenance such a deal. And Balsillie knows it.
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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.
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