The Phoenix Coyotes filed for Chapter 11 bankruptcy, paving the way for the team to be sold, and quite possibly, moved. An entrepeneur and hockey fan from southern Ontario, Jim Balsillie, has a deal in place to buy the team, but it is subject to NHL approval. Who does the NHL want to take on the team?
Yes, the chairman of both the Bulls and White Sox is the owner of choice for NHL commissioner Gary Bettman.
Can you blame Bettman? Reinsdorf has seven championships in the past two decades, six with the Bulls and one with the Sox. He also has something that hockey so desperately desires -- full stadiums. Though not as prolific in attendance as their North Side neighbors, the Sox still drew more than 2.5 million fans last season. The Bulls have been nothing short of a miracle, filling the United Center even through their most dismal years.
But how much is too much? Owning teams in three different leagues, with one in another part of the country, is a bit much for anyone. Is that the best thing for a Coyotes franchise that is currently in serious debt, and doesn't have much of a fanbase?