Sources say Wayne Gretzky isn't happy. So far, his interests in the Phoenix Coyotes have not been addressed and those interests may never be.
The NHL says technically Gretzky's approval is not required for the sale of the Coyotes to the National Hockey League to close. However, deputy commissioner Bill Daly says that if Gretzky has something to say, the court may listen.
Roughly, the $140 million deal breaks down this way: $80 million goes to the Coyotes' largest creditor, SOF Investments, $35 million goes to the NHL, $12 million goes to the unsecured creditors, while the remaining $13 million will be dispersed by Judge Redfield T. Baum - who will determine the split between Jerry Moyes, Wayne Gretzky, and the remaining creditors.
If Gretzky is truly unhappy with this sale, he will have to file a motion of objection...but it may be too late.
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