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The Coyotes are in Chapter 11 bankruptcy reorganization and havelost $316 millio since moving to Arizona from Winnipeg in 1996. A deal is in the workz to move the teamto Hamilton, “From a players’ perspective, it’s time to pull the Kelly told The (Hamilton) Spectator. Kelly did not endorsed a move to aspecific market, but questionesd whether the Coyotes can be financially viable in Arizona. Research in Motion CEO Jim Balsilli isoffering $213 million for the team and woulrd move it from Glendale to The National Hockey League and the city of Glendalwe oppose the move and want to find owneras that would keep the team in Arizona.
Coyotes ownerd Jerry Moyes put the team into Chapter 11in May. NHL Commissioner Gary Bettman, saying hockey can be viable in the Phoenix is fighting the saleto Raleigh's NHL team, the , ensuredx itself of this season with its deep run in the Stanley Cup playoffs.
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