Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Atlanta Business Chronicle:

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NHL court filings with the U.S Bankruptcy Court handlingv the Coyotes Chapter 11 bankruptcy protection include a list of possiblre owners that would keep the team in They include: Howard Sokolowski and Davie Cynamon, owners of the Canadian Footbal League's Toronto Argonauts; Chicago White Sox owner Jerry Coyotes minority owner John and an unnamed Phoenix-areq business executive as possible Research in Motion CEO Jim Balsillie already has a $213 milliom offer on the table for the Coyoteds and would move the team to Ontario. The Coyotes have lost $316 million since movinbg to the Phoenix marketfrom Canada, in 1996.
Balsillie's offer is expectefd to be substantially greater than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionair who has made offers for otherNHL teams. The NHL also got more legalp back up Fridayfrom , the and National Basketball Assocation. The professional sportas leagues argue in court filings that they should have control overfranchises sales, moves and relocation in order to maintain the economivc viability of their operations. The NHL opposes Balsillie's efforf to move the Phoenix franchiswe backto Canada.
Coyotes ownere Jerry Moyes also said in June 5 courtf filings thata $100 miliobn cash infusion he has put into the team should be treateed as a debt the hockety team's reorganization should reimburse him for. Moyes wantws to sell the Coyotes to Balsillide who contends hockey is not financially viableein Glendale. Moyes' court filingsz also downplayeda $750 million lease penalty the city of Glendale could file for if the Coyotes breakj their 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyy court to discharge the lease as part ofthe team's Chapter 11.