Bits of information are coming out this week that should be interesting to say the least concerning the future of the Phoenix Coyotes franchise in its current state. Here is the latest.
What we do know is the Glendale City Council will vote on the two proposed lease agreements Tuesday of next week between Ice Edge Holdings, a controversial company (because they don't seem to have the cash, not because they don't have the merit) and Real Estate mongul and Chicago White Sox and Bulls owner Jerry Reinsdorf.
As I noted in my last article, Is Jerry Reinsdorf the NHL's Pawn until Something Better Comes Along? , Mr. Reinsdorf appears to be the stopgap from the NHL being forced to move the team to Canada which it clearly does not want to do. Think of it this way, the NHL is playing a game of "keep away" from Canada and Reinsdorf role is to make sure this is the case.
My last article, as well as the previous few indicated that Ice Edge Holdings was a "joke" bid and while I believe they remained intent on owning a team at least to some degree, it became increasingly suspect at best and in the end appeared to be nothing more than a front to make the bi ...
Read Full Article at Bleacher Report - NHL
Article written by Joe Mikolai
Ice Edge Out of Coyotes Ownership Soon? Glendale To Vote Tuesday
April 8th, 2010 by Joe Mikolai Leave a reply »
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