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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

Hey Rick. Ever hear of making a point by using "ANALOGIES"?
Vince in Ottawa, 2009-08-08 02:54:21

The franchise belongs to the NHL Buying the team is not buying the franchise!

The NHL owns the franchise. If they do not want to renew the licence to the franchise, they have the option not to. It’s the same as McDnald’s franchises. If McDnald’s wants to revoke the franchise from a franchisee, they have the option to do it.

Balsillie burned all his bridges. He just does not get it!


Vince in Ottawa, 2009-08-08 02:50:20

It's almost like Balsillie is Caddyshack's Al Czervik trying to get into the NHL Country Club and Bettman is Judge Smails trying to keep him out.
Will, 2009-08-07 13:21:42

Rules Schmules. it goes to the highest bidder. let's hope who wins knows not only what to do with the team, but keep it out of debt. it's pretty sad if the NHL wants to keep a team afloat for poor reasons. GO Hamilton GO!
gerry, 2009-08-07 10:29:03

I think what we are seeing here is a businessman trying to crack an Old-boys club.

People slam Balsille for his "back door" tactics and his "Agressive" manner...but lets be honest; is there any other way to make this happen that doesn't make you look like a spineless freak?

It is obvious to me that Bettman doesn't care one bit about the success of this franchise or the league for that matter. He only cares about everyone playing by his rules!

A 60 Million dollar loss last year...and he is surprised that he doesn't have a line up of bidders?

I am sick of watching this dictatorship called the NHL.

I realize that other spineless owners have bought into this, but why get down on a guy that wants to make a difference?

I support Balsille right until the end. I commend the guy for trying to go against the grain, when his attempts in Nashville and Pittsburg to go with the grain ended in disappointment..

And Michael, you represent EVERYTHING that has kept this country from being a true leader!

Don't buy a Blackberry...make sure you get a 2 bit device that puts 20 cents in chinese workers pocket! I for one will respect what RIM has done in this country, and for this country by putting it on the map!

And...in 6 months when your device is dead, and you lose your job...don't even consider asking why! Why don't you pack your bags and head south!
Todd, 2009-08-07 09:56:03

Vince, what does buying a hockey team have to do with marriage or a job application? So far the criteria for this job application seems to be "are you willing to throw money down a hole in Phoenix?". If that is the case, any corporation run that way would fire the management and get someone who can turn a profit.

Go ahead and anonymously insult Balsillie, but he made his money and if he wants to spend it on something he holds dear, he's perfectly entitled to. And if this deal is allowed to become all about the money, then he will win. Nobody even comes close to having his pocketbook and will to win this bid.

Now what is your problem with that? When Quebec and Winnipeg were moved there were local bids trying to keep the teams put but the big bucks won at that time. When McNall wanted to create buzz for his team he just bought the best player in the NHL outright, all with stolen-borrowed money mind you. So why now is it a sin to even think about a free market approach to deciding who gets a team.

Basically Bettman takes Canadians for granted. He knows that some schmo in Saskatchewan is a hockey fan regardless and will cheer for the Laffs or Oilers or someone else if he can't see a game. People in many parts of the US believe that all hockey teams are mythical that don't play within 50 miles of where they live. They don't even report scores in the news from any but the local teams. But this knowledge does not justify depriving Canadian fans of the opportunity to see at least a few games a year without mortgaging their houses or lining the pockets of the scalpers.

I say let the fans butts decide on this one. If you can't fill your arena, let your team go to where someone else will. Hamilton is a good start in this regard.
Rick W., 2009-08-07 09:30:25

Say what you want, but Balsillie has the money and he has the right to buy the team.

All this other B.S. personal crap with Bettman is stupid.

The team can't survive in the Phoenix, but Bettman would rather see the team fail than let Balsillie get a team. Silly.

Just because Balsillie didn't kiss as and make nice with the NHl, he's being shunned.

Bettman and his crew need to grow up!
Jimmy James, 2009-08-06 18:58:37

Give it up Balsillie, you're hurting future bids to bring teams to Canada.
Russ, 2009-08-06 15:18:10

It's Bankruptcy Court - their primary concern is getting the most money back to their creditors which Balsillie's bid far exceeds anything else being offered. The rules of the NHL or it's Governors means nothing in this court unless the NHL themselves decides to buy the franchise. Also, what's stopping the NHL from simply allowing Basillie to buy the club and then revoking/folding the franchise.
Chris, 2009-08-06 14:11:32

Just read Buttman's comments about Balsillie being rejected by the Govenors , does he really believe people are that gullible ? Well maybe the hockey fans in Phoenix
Bob, 2009-07-29 20:30:07

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