Kukla's Korner Hockey
by Paul on 07/27/09 at 10:09 AM ET
from CBC Sports,
One of the groups interested in keeping the Phoenix Coyotes in Arizona has offered some unique ideas on how it would proceed with the club.
In a letter of intent submitted Friday to Arizona bankruptcy judge Redfield T. Baum, Ice Edge Holdings said that Wayne Gretzky would play a significant role with the Coyotes under its ownership.
“Ice Edge is seeking to solidify the Team’s relationship with its managing partner and head coach, Wayne Gretzky, and intends to offer Mr. Gretzky the opportunity to participate … as a major shareholder of the newly constituted Coyotes franchise,” the group said in its filing….
The letter of intent also said that the presence of the all-time NHL scoring leader hasn’t been fully maximized in the club’s dealings with potential corporate sponsors.
It’s in sharp contrast to the bid for the Coyotes officially submitted by Friday’s deadline by a group led by Chicago White Sox owner Jerry Reinsdorf.
The Reinsdorf bid details the assumption of 170 contracts, including those of Coyotes players and management. Conspicuously absent from the list is Gretzky.
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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.
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