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NFL CANADA


Your reaction to Coyotes court ruling?
Thu, October 1, 2009

Billionaire Jim Balsillie is now 0-for-3 in his attempts to be a National Hockey League owner and Hamilton is oh-for-two decades in its attempts to house an NHL franchise.

And who knows now when any of that is going to change?

That was the sombre reality of the non-decision decision made by U.S. bankruptcy court Judge Redfield T. Baum, who rejected Balsillie's very public bid for the Phoenix Coyotes without prejudice yesterday and also rejected the NHL's bid, leaving it a back-door entrance should it choose to tie up the loose ends of its bid, with which the judge was clearly uncomfortable.

Baum gave the NHL some hope -- and at least control of this situation -- while at the same time striking Balsillie out of the game as a potential purchaser of the bankrupt Coyotes.

U.S. judge blocks Balsillie bid



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292 Comments

This has nothing to do with Jim Basillie and his character. It's all about egos and controls freaks. When some owners are in jail for fraud and they make statements about his character, talk about B.S. ! This is mostly about control by Bettman and the fact that they want to keep Canada down. Their afraid of Basillie's money and the team he could afford to buy. Success for Canada on any level is a thorn in the U.S. side.
mike zinger, 2009-10-01 16:41:37

I still do not believe that they will not sell this team to a person who wants it. He is willing to pay good money for it and take it to a part of the country that would like to have a team. The place where it is now is not wanting to have a team if no one is coming to the games and they are losing all of that money. Does the league have the kind of money it wants to keep spending on a team, that obviously does not get the fans in the town of Phoenix.
G. Reid, 2009-10-01 13:24:16

I'm done with the NHL. It is clearly be ran into the ground. While there are insanely profitable markets available Bettman would rather have a NHL team in failed US markets such as Kansas City. He needs to get a grip on reality - the US TV gravy train money is not coming. Nascar is more popular there.
Ben, 2009-10-01 12:10:22

Bettman deserves to dump more and more money into this dying legacy he is attempting to create!

As well...all of the NHL owners deserve to empty their wallets to support these seriously Have-Not teams. How many people need to lose their shirt before this egotistical tyrant is shown the door?

I am sure that Bettman will be scouting the Prison registries looking for his next owner!

This will certainly be an exercise in accounting to figure out how much money Phoenix will loose this year! Have fun you little RAT!
Todd in Central Ontario, 2009-10-01 11:49:22

There are posts about Winnipeg's arena seating capacity.

It's not really about that totally, though to stand a chance of successfully supporting a team, you need to at least 90% sell out 20 000. It's about having a TON of luxury boxes sold out at high rates where so much money is generated. And a LOT of TV/ent/merch sales. It's there that Winnipeg fails - NOT it fan interest.
killsmith, 2009-10-01 11:24:47

The ruling, makes it impossible of any chance of Hamilton owning a team through relocation. Its over as long as Bettman is running the league. But when the Coyotes keep losing money and no buy becomes avaliable, the owners will wise up!!
Aaron in Thunder Bay, 2009-10-01 09:46:54

What lost this for Balsillie is probably his requirement that the team be moved. He should have left it just as a financial decision on ownership and made it clear his intention to move the team, but left that out of the judge's decision. Then he just had to resist all entanglements that Bettman put into the deal trying to stick him in Phoenix.

Because of his clause, the judge had to buy into Bettman's argument about this being a runaround to get by due process. The plan should have been, buy the team for $150M, run it for three years trading away stars and stockpiling prospects, show you've lost money and then move it to Hamilton.

To anyone in disbelief that Hamilton could support a team they should get a grip. Toronto makes more money than any other team no matter how bad they are. That is proof that there is an overripe market alone.
Rick W., 2009-10-01 09:26:47

If Bettman is a ego maniac then Ballsilly is a super duper twice times over megalomaniac.If Bettman makes you sick then Ballsilly will give you cancer.
Ray, 2009-09-29 15:13:22

Bettman makes me sick to my stomach. No one has done more to ruin the sport than this ego-maniac...that league is a joke to the rest of the sporting world
dave, 2009-09-23 16:28:08

I predict that10 years from now, this story will still be in the courts. First in the US and then in Canada.

Stay tuned folks, if you don't get impatient.
Vince in Ottawa, 2009-09-23 01:55:25

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