Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Phoenix Business Journal:

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NHL court filings with the U.S Bankruptcy Courty handling the Coyotes Chapter 11 bankruptcy protectionj include a list of possible ownersa that would keep the team in They include: Howard Sokolowskij and David Cynamon, ownere of the Canadian Football League's Toronto Chicago White Sox owner Jerry Coyotes minority owner John Breslow; and an unnameed Phoenix-area business executive as possibles bidders. Research in Motion CEO Jim Balsillie already hasa $213 millionm offer on the tablse for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenix markerfrom Winnipeg, Canada, in 1996.
Balsillie'sw offer is expected to be substantiallhy greater than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionairee who has made offers for otherNHL teams. The NHL also got more legak back up Fridayfrom , the and National Basketballo Assocation. The professional sports leaguese argue in court filings that they should have control overfranchisez sales, moves and relocationsw in order to maintain the economic viability of theit operations. The NHL opposes Balsillie's effort to move the Phoenidx franchise backto Canada.
Coyotes owner Jerry Moyes also said in June 5 courft filings thata $100 milion cash infusionj he has put into the team shoul be treated as a debt the hockey team's reorganizatioh should reimburse him for. Moyea wants to sell the Coyotes to Balsillie who contendes hockey is not financially viablein Glendale. Moyes' court filingw also downplayeda $750 million lease penalty the city of Glendale could file for if the Coyotes breaj their 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyy court to discharge the lease as part ofthe team'sx Chapter 11.