Now is not a good time to be NHL D.J. Humphries Kids Jersey Commissioner Gary Bettman. A quick survey of the NHL landscape shows several teams with severe ownership questions including; New York Islanders, Phoenix Coyotes, and St. Louis Blues. Bettman also has the upcoming labor negotiations to prepare for and #1 on that agenda is going to be the failings of the current salary structure in evening the playing field for all teams. This failing is evidenced by the sheer number of teams suffering financially. Before Bettman even addresses the next round of labor negotiations though, he is confronted by a more pressing problem; what to do with the Phoenix Coyotes.
The former Winnipeg Jets were relocated to Phoenix as the Coyotes in 1996. Since then, the franchise has yet to produce a single profitable year. The NHL secretly took over operation http://www.nflcardinalsofficial.com/Authentic-Darryl-Sharpton-Jersey of the troubled franchise early in the 2008 - 2009 season. Former owner Jerry Moyes, citing tens of millions of dollars in losses, attempted to place the franchise into bankruptcy protection with the intent of selling it to Canadian billionaire, Jim Balsillie, in May of 2009.
Balsillie had already established Brandon Marshall Youth Jersey himself as somewhat of a villain within NHL headquarters. He had already engaged in questionable tactics in previous attempts to buy the Pittsburgh Penguins and Nashville Predators. Balsillie employed a negative media campaign which some say was designed to drive down the value of the Nashville franchise with the purpose of preventing potential investors from purchasing the Predators and keeping it Tennessee. This earned him no friends within the NHL.
Eventually the case headed to bankruptcy court where bids to purchase the team were submitted. With Balsillie's name already in the hat, the NHL felt compelled to submit its http://www.nflbroncosofficialshop.com/Authentic-Brian-Dawkins-Jersey own offer to buy the team from the Moyes ownership group in order to protect its presence in Arizona. Two other contenders surfaced as interested parties: Jerry Reinsdorf, owner of the NBA's Chicago Bulls and MLB's Chicago White Sox; and Ice Edge Holdings, Inc., a Canadian conglomerate also willing to keep the franchise in Phoenix.