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.