After it was reported that owner Jerry Moyes had agreed in principle to a deal with the NHL, potential buyers of the team have started to come forward to make deals with the NHL. The bidder which has the most promise at this point would be Ice Edge Holdings, a Canadian group who is looking to keep the team in Phoenix.
Potential Buyer Ice Edge Has No Backup Plan If Things Don’t Work Out In Phoenix
The group is so committed to trying to make the team work in Phoenix, it is not looking for an escape plan:
Q: How do you protect yourself against the possibility you can’t turn the franchise around? Do you negotiate a time frame for success in Glendale?
A: ” No we’re not going to do that. I know other parties have tried to do that. We quite frankly don’t have a backup plan. Our plan is to make it work in Phoenix. In our opinion, it’s the wrong way to approach the partnership with Glendale – a “we’ll try it but if it doesn’t work out we’re going to leave.”
Ice Edge Holdings has contemplated having the team play some games in Saskatoon, Saskatchewan but the Coyotes would play the majority of their games in Phoenix.
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