I've been waiting anxiously all week for this day to come. Today, the City of Glendale will have it's voice heard in court regarding the Arizona Coyotes.
Current owner, Jerry Moyes has filed bankruptcy over the team and is attempting to sell it to Blackberry mogul, Jim Balsillie for $212.5 million who would move the team to Canada. The City of Glendale, with the support of Major League Baseball, the National Football League and the National Basketball Association, argue that this cannot and should not be allowed in the interest of the sport, and of Glendale who has supported the team with millions of tax-payer dollars.
We wish Glendale the best of luck in keeping the Coyotes in Arizona. To lose them would be a severe economic blow to the city and would give the impression to other sports teams who may be under financial stress that bankruptcy is an "easy out" of their current contracts. We will be watching with baited breath and keeping our fingers crossed.
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