On the ice, the Phoenix Coyotes have been one of the league’s true Cinderella stories. Unfortunately, the scoreboard cannot heal all wounds.
reports that the NHL is suing former Phoenix Coyotes owner Jerry Moyes for a laundry list of concerns and may also seek an $8 million debt owed to legendary player and decidedly sub-par coach Wayne Gretzky. I won’t embarrass you or myself by trying to give some kind of legal analysis of the lawsuit. Instead, here’s some of the details from that Reuters report
According to the complaint, the NHL is seeking $30 million for violations of the agreement, $10 million for aiding and abetting violations of the Coyotes’ fiduciary duty to the league, $10 million of punitive damages, and $11.6 million to cover amounts that the NHL paid to Coyotes creditors.
The NHL said it may also seek to recover $8 million that represents unpaid salary owed to Wayne Gretzky, the Hall of Fame center and former Coyotes coach. It said whether Gretzky is owed that money will be determined in the bankruptcy case.
In the complaint, the NHL also said it was forced to buy the Coyotes because of the defendants’ actions, and “expects to incur approximately $20 million in losses as a result of that purchase in the current NHL season.”
Ugh, what a miserable situation. Obviously, the league couldn’t allow Jim Balsillie to pull an end-around to buy the Coyotes, but they’re paying dearly (potentially $20 million) to keep a franchise out of his Blackberry-clutching hands. Sometimes, you get what you pay for … and in this case, the NHL got a huge headache.
The Calgary Flames have released Ryan Wilson from his professional tryout.
The 28-year-old was trying to make a comeback after missing 79 games with a shoulder injury last season.
Even with T.J. Brodie sidelined because of a broken hand, Wilson still faced long odds to make the final roster.
The veteran will be hard-pressed to find NHL work with another team.
He hasn’t suited up in more than 12 regular season games since 2011-12.
The Stockton Heat, Calgary’s AHL affiliate, also made some news on Sunday.
The club announced that they’ve signed Colton Orr to an AHL contract.
The 33-year-old tough guy suited up in just one game for the Toronto Maple Leafs last season. He has 12 seasons of NHL experience under his belt.
The Arizona Coyotes have returned Dylan Strome to the Erie Otters of the OHL.
Strome, 18, was the third overall pick in the 2015 NHL draft.
The 6’3, 185 pounder was hoping to stick with the Coyotes this season, but the team decided to take the conservative approach with their top prospect.
Strome will look to build off an incredible junior season that saw him score 45 goals and 129 points in 68 games.
Strome seems to be taking the demotion in stride.
The team also announced that they’ve assigned goaltender Louis Domingue and forward Matthias Plachta to their AHL affiliate in Springfield.
Domingue, 23, had a 1-2-1 record with a 2.73 goals-against-average and a .911 save percentage in seven games last season.
Plachta, a free agent signing, will begin his first pro season in North America. The 24-year-old had 14 goals and 35 points in the German League last season.