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

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NHL court filings with the U.S Bankruptcy Court handlinfg the Coyotes Chapter 11 bankruptcy protectio n include a list of possiblee owners that would keep the teamin Arizona. They Howard Sokolowski and David Cynamon, owners of the Canadiah Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minority ownerd John Breslow; and an unnamedx Phoenix-area business executive as possible Research in Motion CEO Jim Balsillie already has a $213 milliomn offer on the table for the Coyotesz and would move the team to Ontario. The Coyotes have lost $316 milliohn since moving to the Phoenixd marketfrom Winnipeg, in 1996.
Balsillie's offer is expectedf to be substantially greater than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionairse who has made offers for other NHL teams. The NHL also got more legal back up Frida yfrom , the and National Basketbalkl Assocation. The professional sportw leagues argue in court filingx that they should have control overfranchisez sales, moves and relocations in order to maintain the economid viability of their operations.
The NHL opposes Balsillie's effort to move the Phoenix franchise back to Coyotes owner Jerry Moyes also said in June 5 court filingz thata $100 milion cash infusion he has put into the team shoulx be treated as a debt the hockey team'sa reorganization should reimburse him for. Moyesw wants to sell the Coyotes to Balsillie who contendx hockey is not financiallhy viablein Glendale. Moyes' court filings also downplayera $750 million lease penalty the city of Glendalr could file for if the Coyotes breako their 30-year lease at Jobing.com Moyes and Balsillie want the bankruptcy court to discharger the lease as part of the team' Chapter 11.