I knew this was going to happen. The NHL has the right to choose who they want to own a team and in the case I think they can decided that they don't want Jim Balsillie to be an NHL owner. I also think the Buffalo Sabres or the Toronto Maple Leafs don't want another team in their area. If the Yotes go any where I would like to see them go back to where they belong in Winnipeg.
PHOENIX -- The NHL has asked a bankruptcy judge to throw out Canadian billionaire Jim Balsillie's bid to buy the Phoenix Coyotes based on the league's overwhelming rejection of him as a potential owner.
The 26-page motion, accompanied by declarations from Boston Bruins owner Jeremy Jacobs and Minnesota Wild owner Craig Leipold, says the owners have concluded that Balsillie would be untrustworthy and that the court has no right to overturn their July 29 vote.
The owners say their opinion is based on Balsillie's behaviour in earlier attempts to purchase the Pittsburgh Penguins and Nashville Predators.
"We voted to deny approval to Mr. Balsillie because we concluded he lacks the good character and integrity required of a new owner" required under NHL bylaws, said Jacobs, chairman of the league's board of governors.
The board, made up of a representative from each NHL team, voted 26-0 against Balsillie's application. Three abstained and one representative was absent, according to Jacobs.
You were know this already!!
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Britney
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