Columnists

Dreger: Who's in control of Coyotes; NHL or Jerry Moyes?

Darren Dreger
5/6/2009 10:04:35 PM
Decrease Text SizeIncrease Text Size
Text Size

The primary issue on Day One of the bankruptcy hearing Thursday, and one the NHL very likely won't get a decision on, is who is in control of the club - the National Hockey League or Jerry Moyes?

If the court rules in favor of the NHL, it's believed the case will be dismissed and the team won't be considered in bankruptcy. Otherwise, sources say we should expect a lengthy legal battle over the Coyotes' status.

The NHL sent a memo to all 30 teams on Wednesday outlining its intent to fight Jim Balsillie's quest to buy the Phoenix Coyotes and move the team to an unidentified location in southern Ontario.

The memo assured league owners Coyotes owner Jerry Moyes surrendered control of the financially troubled team months ago to the NHL and made it clear Moyes didn't have the authority to place Phoenix in to chapter 11 bankruptcy.

The NHL will also argue owners simply own the right to operate a team in a specific region or territory, Owners are shareholders in the National Hockey League and don't have the right to apply conditions to any sale that includes moving the franchise.

If the league loses and Balsillie's offer is accepted by the bankruptcy court, he would still need three-quarters approval - or 23 of 30 votes from the other owners for the sale to be approved.

Relocation specifically to southern Ontario would require a simple majority of 16 votes to pass.

Darren Dreger

From The Hockey Insider

'What You Need To Know' for the day from the NHL. More...

Podcasts

TSN 1050: TSN Drive with Dave Naylor: Darren Dreger- July 3

TSN Hockey Insider Darren Dreger joined the program to talk about the Leafs signing Petri Kontiola and Mike Santorelli.

TSN 690: Morning Show-TSN Hockey Insider Darren Dreger-June 24

Conor McKenna, Amanda Stein & Robyn Flynn chat Hartnell, Umberger, Markov, Habs & Canucks with TSN hockey insider Darren Dreger.

TSN 1050: Mike Richards in the Morning: May 30 - Leafs Breakfast

Darren Dreger joined Mike & Dave for Leafs Breakfast to take us through the NHL playoffs


More Podcasts

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...




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