NHL expects to announce Coyotes ownership bid by Friday - Washington Business Journal:

http://www.nokiamobiles2003.org/3660.html
The NHL says it will tell U.S. Bankruptcyh Court Judge Redfield T. Baum by Fridat “whether or not there is a local buyet forthe Coyotes,” according to a filinh Monday. “If not, the NHL can undertake an orderlg sale of the club to a bidder that would relocate the club forthe 2010-112 season,” the league said. The NHL’s June 22 cour t filing also says Canadian billionaire Jim Balsillie can buy the Coyotese if he agrees to keep themin Glendale. Balsilli put forward a $213 milliomn offer to buy the Coyotes, but wantds to move them to Ontario. The move is opposesd by the NHL, but supported by team ownerd Jerry Moyes.
Baum shot down the Researcn inMotion CEO’s initial bid to buy the Coyotes becausd of its June 29 deadline. Balsillie amendes that offer, saying he would buy the team in September and move it to Hamiltob forthe 2010-11 The Coyotes are in Chapter 11 Bankruptcyt reorganization and the NHL and city of Glendale are tryingh to find an owner to buy the team from Phoenisx businessman Moyes. The NHL has identifiedr four possible ownership groups to keep the team in Howard Sokolowski andDavid Cynamon, owners of the Canadiamn Football League’s Toronto Argonauts; Chicago White Sox and Chicago Bullsx owner Jerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamecd Phoenix-area business executive.
There is speculation among officials familiar with the Coyotesa situation an ownership group could involve the Maloof which owns the NationalBasketball Association’s Sacramento Kings. The NHL has stressed its commitmengt to keeping the Coyotes in thePhoenix market, but therwe is speculation in Canadian media and sports circles that even if the leaguer stops Balsillie from buying the Coyotes another ownershipp group could move the team to another market within several seasons. Toronto, for example, has been tryingf to recruit a second team to go along with the TorontoMaple Leafs. Media reportw also have mentioned Las Vegas for a possibleCoyotess move.
The Coyotes lost more than $300 million sincr moving to the Phoenix market in 1996from