The Phoenix Coyotes find themselves today in bankruptcy court, being auctioned off to the highest bidder.
Auction For Coyotes Has Begun, With Only The Two Expected Bidders
As expected, only two bids have been made. One was placed by the NHL, which would keep the team in Glendale until they can find an owner. The second bid comes from Jim Balsillie, who would move the team to Hamilton, Ontario.
The breath of all of Canada is bated. The breath of most of Phoenix seems largely indifferent.
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