Ice Edge On Verge On Buying Phoenix Coyotes

Ice Edge became the only bidder after the NHL became the owner of the team when Research in Motion CEO Jim Balsillie’s bid for the team was rejected. Ice Edge was originally a bidder during the bankruptcy process but stepped aside to see what would happen with the proceedings. The mission statement from Ice Edge’s website:

The Coyotes as a team haven’t been performing on the ice as they are sixth in the Western Conference and third in the Pacific Division. The team hasn’t made the playoffs since 2002.