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The NHL vs. Jim Balsillie: The Battle for the Coyotes

Published by on June 16, 2009
Article Source: Bleacher Report - NHL

The ruling came down from Judge Redfield T. Baum Monday that Research In Motion co-CEO Jim Balsillie will not be allowed to purchase the Phoenix Coyotes out of bankruptcy court in order to move them to Hamilton, Ontario.

The Blackberry maker has fought hard to get into the National Hockey League fraternity, this being his third attempt at purchasing a team. Again, he was turned away at the door of this exclusive club.

We’re not sure if Balsillie would have been willing to pay the potential $100 million in relocation fees on top of the $212.5 million he offered for the team, but we do suspect that this will not be his last kick at the can.

He is determined to bring another team to southern Ontario, a...

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