Blogs

Dreger: Sale of Coyotes to Reinsdorf in jeopardy

Darren Dreger
5/7/2010 2:21:39 AM
Decrease Text SizeIncrease Text Size
Text Size

The sale of the Phoenix Coyotes to Jerry Reinsdorf is in jeopardy.

Sources tell TSN the city of Glendale has asked Ice Edge Holdings to return to the bargaining table as a back up plan to buy the Coyotes, in the event the deal with Reinsdorf falls through.

And the city of Glendale could file a document Friday outlining an exclusivity agreement with Ice Edge.

But before it gets to that point, sources say Ice Edge wants to make sure the NHL has assurances from the Glendale that the city intends to fund losses for next season.

If Ice Edge doesn't receive confirmation of this from the NHL, this group may not move forward.

Sources say Glendale reached out to Ice Edge late last week amid growing concern Reinsdorf's accepted bid to purchase the Coyotes from the National Hockey League is at risk of falling apart.

Until now, Ice Edge and city officials have had nothing more than initial discussions, which are expected to continue Friday, and there is no guarantee Ice Edge will be willing to fully engage in a negotiation to buy the Coyotes. But at this stage, it's believed the Ice Edge group is willing to listen.

Last month, the city of Glendale voted unanimously (6-0) in favor of Jerry Reinsdorf's proposal and voted 5-1 against a bid submitted by Ice Edge Holdings.

Recently, Ice Edge representatives also met with NHL commissioner Gary Bettman and deputy commissioner Bill Daly to review the Phoenix sales process and to also reiterate their continued interest in buying an NHL franchise.

 

 

 

Bloggers

BOB MCKENZIE

Bob McKenzie is one of the most respected voices in the hockey community.


DARREN DREGER

Darren Dreger is known as one of hockey's top insiders.


DAVE NAYLOR

Dave Naylor offers his perspective on the CFL as well as other sports across the board.


STEVE PHILLIPS

TSN Baseball Analyst Steve Phillips breaks down all the big stories and issues around Major League Baseball on TSN.ca.


JASON DEVOS

Former Team Canada captain Jason deVos covers soccer for TSN.


LUKE WILEMAN

Luke Wileman takes a look at the beautiful game, with a focus on MLS.


KRISTIAN JACK

Kristian provides analysis on Premier League and Champions League soccer for TSN.


NOEL BUTLER

Noel Butler offers up his thoughts and analysis on everything from the soccer pitch.


GLEN SUITOR

Glen Suitor provides an in-depth look at the Canadian Football League.


KERRY FRASER

NHL analyst and former NHL referee Kerry Fraser answers your questions on rule interpretation ansd enforcement in 'C'mon Ref!'


JACK ARMSTRONG

Jack Armstrong gives his perspective on the NBA and sports in general.


DAVE HODGE

Dave Hodge and The Reporters give their thumbs to the week that was in sports.


SCOTT FERGUSON

Scott Ferguson covers the baseball beat with a focus on the Blue Jays.


SCOTT CULLEN

Fantasy sports guru Scott Cullen provides insight and analysis in his blog.

Follow Us!

There's a new Twitter feed that will make you a real TSN.ca insider! Follow twitter.com/TSN_Sports_Buzz to get updates on the latest blogs, best videos and more!


More about TSN on Twitter...



Cabbie on TSN.ca

Nik Lewis, Mike Reilly, Andrew Harris and Ricky Ray appear in this edition of Cabbie Presents about the team chemistry guy, known as the "Glue Guy." More...


Caeli McKay is a 15-year-old diver who is piling up the medals at the nationals, and she's getting ready to take make a splash at World's in September. More...

© 2014
All rights reserved.
Bell Media Television