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Jim Balsillie Giving Up NHL Pursuits To Focus On RIM Business
Published October 2, 2009
|Balsillie Will Focus On RIM
Business, Step Back From NHL
BACK ON THE ICE: Ice Edge Holdings Thursday said that it will approach the NHL if and when the league "gains control of the franchise." Ice Edge pulled out of the bidding for the Coyotes last month, but the bid group's COO Daryl Jones said, "We are definitely interested in purchasing the team from them." He added, "We really can't do anything until they get awarded the team, or until they officially buy the team." Ice Edge was unable to reach an agreement with Glendale on a new lease for Jobing.com Arena, but Jones Thursday said, "We're really close with the city, in terms of being where we want to be" (NATIONAL POST, 10/2). Daly Thursday in an e-mail said, "We're confident that there will be buyers for this club that want to operate it in Phoenix. ... There is no immediate time frame. We are still digesting the court's opinion and evaluating our options." When asked if Bulls and White Sox Chair Jerry Reinsdorf may make another bid for the club, Daly said, "(The sale) may or may not involve someone who has already looked at purchasing the team." Daly said that the current Coyotes management "stays in place and can continue to make moves." The Coyotes Wednesday night held a reception for season-ticket holders, and President & COO Doug Moss said, "We had 600 people in the concourse and there was an electricity in the building" (USA TODAY, 10/2).
Writer Says Coyotes' On-Ice Performance
Is Hurting The Franchise The Most