Oct 16, 2010, 5:30 PM EDT
While the fans in Arizona are excited about the prospect of the Coyotes finally being sold to an owner willing to keep them in town, the group actually selling the team appears to be really excited to be making a deal. That group, of course, is none other than the NHL itself.
The Hockey News hears from NHL deputy commissioner Bill Daly about how excited they are that they’ll likely be able to spin a perpetual financial loser they bought for $140 million into a team they’re selling to Matthew Hulsizer for $165 million.
“It has always been the league’s objective to secure ownership that will ensure the Coyotes’ long-term future in Glendale,” NHL Deputy Commissioner Bill Daly said in a statement issued by the league. “And consummation of the proposed transaction will achieve that.”
The league bought the team out of bankruptcy more than a year ago and has said all along that a new lease was essential if the team were to stay in Arizona.
“We are very pleased that the parties appear to have reached an agreement that will finally lead to a transition of ownership of the Phoenix Coyotes,” Daly said. “… We look forward to working closely with the Hulsizer group and moving quickly toward the conclusion of this process.”
While everyone is talking about things in a way that makes you think they’re trying to not jinx the process, this is the furthest along any of these deals have come when it comes to the Coyotes. Getting this taken care of in Phoenix would help eliminate one of the darker clouds hanging over the league as the Coyotes have been swimming in rumors of their imminent demise for years now, an image that makes the NHL look like a low-rent league incapable of success.
Should Hulsizer become the new owner, his next trick will be to turn a profit in Glendale, something none of the Coyotes previous owners have been able to do. A new lease agreement will go a long way towards helping that out.
- Blues finish night on top of NHL standings after shootout win 0
- Kings’ Nolan gets double-minor for punching Oilers’ Joensuu 15
- Extended overtime likely to be on agenda in GMs’ March meeting 30
- Lundqvist shuts out Red Wings to claim 300th victory 10
- NHL on NBCSN: Hawks know they can’t take Sabres lightly 10
- NHL on NBC: Red Wings, Rangers fight to cling onto playoff spots 2
- Video: Flames score center-ice goal against Canucks’ Lack 19
- Stars believe Lehtonen suffered concussion from Haula collision (update) 23
- Video: Stars retire Mike Modano’s jersey 11
- Rostislav Klesla passes on joining Sabres organization following trade 12
- Canucks trade Luongo to Panthers (93)
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Report: Canucks want center, top prospect and first-rounder for Kesler (68)
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack (66)