Jerry Reinsdorf officially pulls out of running to buy Coyotes


Things seemed to be too quiet out of Arizona lately concerning the Coyotes so it’s high time something happened. Word came down early Tuesday morning that Jerry Reinsdorf’s group to buy the Coyotes, Glendale Hockey, has officially and totally pulled out of negotiations for the team.

In the statement, the Reinsdorf group, known as Glendale Hockey, called the decision to pull out “a difficult one because of our respect for the mayor, the council and management of the city.”

“Ultimately we came to the conclusion it was time to move on,” Reinsdorf said. “We were happy to serve a critical role for the City to keep the team in Glendale and we look forward to assisting the city in the future on other projects both as a company and individually.”

The statement concluded with the Reinsdorf group wishing “Glendale, its citizens and the fans of the Coyotes the best.”

This is all likely just window dressing for the Glendale city council which will be holding a private vote on Tuesday evening to approve Ice Edge Holdings for a Memorandum of Understanding (MOU) to give them exclusive negotiating rights for the Coyotes. Reinsdorf and his group getting out of the way is just a mere formality to pass the torch to them. The downside here, however, is that it leaves Ice Edge Holdings as the only group left available to buy the team. If you’d like to read the details of the MOU between Glendale and Ice Edge, feel free to scope it out here (PDF). One side fun part to the MOU is that if Ice Edge wins out, the team will then be known as the Arizona Coyotes. Nothing screams “success” like emulating the NFL’s Cardinals.

Should Ice Edge Holdings be the group to buy the team and do so by June 30th, they’ll keep the City of Glendale off the hook for $25 million dollars the city has set aside to make sure the NHL, the Coyotes current owners, aren’t on the hook for the team’s financial losses. After all, what’s worse than one owner losing $25 million? 29 other owners chipping in to cover losing $25 million.

The doom and gloom aspect to all this now is that should Glendale, the NHL and Ice Edge not find a way to come to some agreement, this could put an end to the Coyotes run in Arizona as the NHL has now made no bones about looking for another owner who is willing to move the team. David Thomson and his True North group are the most talked about potential buyers as they wish to move the team back to Winnipeg.

Dropping like flies: Johnson, Killorn hurt in Bolts’ exhibition

Montreal Canadiens v Tampa Bay Lightning - Game One
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You probably know the drill: injury updates are murky in the NHL basically from the moment a puck drops.

We’ll learn more once the 2015-16 season begins, but at the moment, Saturday might have served as a costly night for the Tampa Bay Lightning. Both Tyler Johnson and Alex Killorn went down with injuries stemming from a 3-2 pre-season win against the Florida Panthers.

“Guys were dropping like flies,” Steven Stamkos told the Tamba Bay Times.

These could be minor situations – just about any ailment will sideline a key asset this time of year – yet one cannot help but wonder if the Lightning might limp into this campaign.

Nikita Kucherov is dealing with his own issues, so that means at least minor issues for one half of the Bolts’ top six forwards.

It’s believed that more will be known about these banged-up Bolts sometime on Sunday.

Raffi Torres gets match penalty for being Raffi Torres

Raffi Torres

With knee issues still limiting him, Raffi Torres isn’t as mobile as he once was. Apparently he still moves well enough to leave the usual path of destruction.

It’s the pre-season, so it’s unclear if we’ll get a good look at the check, but Torres received a match penalty for his hit on Anaheim Ducks forward Jakob Silfverberg.

Most accounts were pretty critical of the San Jose Sharks’ chief troublemaker:

It’s too early to tell if Silfverberg is injured. If he is, that’s a significant loss for the Ducks, as he really showed signs of fulfilling his promise (especially during the 2015 playoffs).

As far as Torres goes, he’s hoping to play in the Sharks’ season-opener. Wherever he ends up, he’ll certainly make plenty of enemies on the ice.

Whether it was because of that hit or just the general distaste shared by those sides, it sounds like tonight’s Sharks – Ducks exhibition is getting ugly, in general:

This post will be updated if video of the hit becomes available, and also if we get a better idea of Silfverberg’s condition.

Update: Bullet dodged?