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2010 NHL Free Agency: Coyotes working on re-signing Zbynek Michalek

The Phoenix Coyotes are desperately trying to keep defenseman Zbynek Michalek, one of the more underrated defensemen to hit the open market this year. He’s set to become a free agent in just under 20 minutes, but until then the Coyotes are working on re-signing their defenseman to keep him in Phoenix.

With the cap going up and Michalek on the upper tier of defensemen among free agents this year, there’s a sentiment that he’d have to take a ‘hometown discount’ for Phoenix -- since he’s likely to sign a better contract elsewhere.

The chances of Michalek staying in Phoenix right now looks incredibly slim, however.