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NOTE: The Biz of Hockey has been updated with a new document. As the Chapter 11 efforts of Coyotes owner Jerry Moyes are tied to a proposed sales transaction to Jim Balsillie, who is looking to relocate the club to Hamilton, OntarioCanada. Now, a copy of an email from NHL Commissioner Gary Bettman reveals how the league is looking to move quickly on a sale to keep the club in Phoenix, but that due to the dire financial situation, relocation is becoming more and more of an option. In a sign that Bettman is looking to protect the Toronto Maple Leafs’ territorial rights, the email mentions Winnipeg as a preferred relocation market. The email also talks of how MLB and NBA owner Jerry Reinsdorf factors into the equation as part of a possible purchase of the club with designs of trying to keep it in Phoenix… if the club can dig out of the sea of red ink. See the updated page below:
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