Friday, February 20, 2009

Busy Day - Coyotes Update

Sorry about not posting all day, I had a busy day starting in the morning and has really turned sour with some family-related news. Not much to report anyways besides Nashville-relocation rumours that started out of nowhere just because Gary Bettman visited Tennessee and hosted his XM radio show, NHL Hour. (TSN, NHL.com).

Work calls at 3:30, so maybe something later tonight, but otherwise enjoy your Friday evening.

- Update: 10:30 PM EST

Want to buy the Coyotes and move them out of Phoenix? I hope you have at least a Billion dollars...

Mike Sunnucks of the Phoenix Business Journal shed a little more light on the offers to buy the Phoenix Coyotes, claiming there are at least five serious investment group.

In addition to this, most of you know that there is almost no possible way the Coyotes can move out of Phoneix because of its ridiculous lease with the city of Glendale, Arizona and Jobing.com Arena:
Those sources, who asked not to be identified, said the team would have to pay a $750 million penalty if it broke its 30-year lease with the city of Glendale. That factor lessens the possibility of the hockey team leaving the Phoenix market.
Looks like for the time being the Coyotes will remain the Coyotes.

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