Could the Coyotes ownership saga finally be at an end?


It’s been a long time coming for the fans of the Phoenix Coyotes, but they may actually be close to having a deal worked out with an owner intent upon keeping the team in Glendale, Arizona. Chicago-based financier Matthew Hulsizer is apparently very close to locking down a deal with the City of Glendale and the NHL to purchase the Coyotes and according to the Winnipeg Free Press, the ball is now in the court of the NHL Board of Governors to finalize the process.

“The City of Glendale and the Hulsizer Group have reached an agreement in principle on the lease that would allow the Hulsizer Group to purchase the Coyotes from the NHL under the terms they requested,” said Glendale spokesperson Julie Frisoni. “The provisions of the deal are subject to formal approval by the NHL board of governors.”

The purchase price is said to be US $165-million with a Nov. 30 closing.

“It appears that significant progress is being made. We’re certainly hopeful that we are moving toward a conclusion that will assure the Coyotes’ long-term future in Glendale,” NHL deputy commissioner Bill Daly told the Free Press.

The sale price would give the NHL a net gain after the league bought the team for $140 million out of bankruptcy. While we’ve been through this whole dance before a couple of times concerning the Coyotes, this situation doesn’t appear to be mired in dealing with bureaucratic paperwork like Memorandums of Understanding. The Coyotes have had MOUs with Chicago sports owner Jerry Reinsdorf as well as Ice Edge Holdings. With Hulsizer in place and with money immediately ready to plunk down on the team, it appears that things a lot further along than they have been with either Reinsdorf or Ice Edge.

This entire mess began when former owner Jerry Moyes tried to go around the sale process with the NHL by selling the team to James Balsillie, wherein Balsillie would then move the team to Hamilton, Ontario to play at Copps Coliseum.  If things can get worked out with Hulsizer, the NHL, and the City of Glendale on working out a new lease at Arena, a lease that makes it very costly for anyone to move the team out of the area.

If things can’t get officially worked out and completed with Hulsizer, the future of the Coyotes in Glendale will go back up in the air and with the real threat of having a new owner that wishes to move the team out of Arizona (like True North from Winnipeg would like to do) coming in and taking over. As of now, should things with Hulsizer work out the NHL is hoping to have everything taken care of by the end of November. As always with the Coyotes ownership dealings, waiting for all the T’s to be crossed and the I’s to be dotted is the best way to handle any news here, but at the moment, it appears that Coyotes fans’ ongoing nightmare may be over.

Stars place Lehtonen on IR, call up Campbell and Nemeth

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Kari Lehtonen will miss at least a few games with the upper-body injury he suffered the other night against Ottawa. The Dallas Stars announced today that they’ve placed the 32-year-old goalie on injured reserve, retroactive to Tuesday.

With Lehtonen out, Jack Campbell has been called up from AHL Texas to be Antti Niemi‘s backup. The Stars host Vancouver Friday, with a game at Minnesota Saturday.

Campbell, the 11th overall pick in the 2010 draft, has struggled in the AHL this season, going 3-3-0 with an .873 save percentage.

The Stars have also recalled defenseman Patrik Nemeth.

Related: Campbell credits ECHL stint for turning his game around

Gleason ends tryout with ‘Canes

Tim Gleason, David Desharnais
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Tim Gleason has likely played his last NHL game. The 32-year-old defenseman has informed the Carolina Hurricanes that he no longer wishes to continue his professional tryout.

“Tim informed us today he wasn’t going to continue to pursue his tryout,” said GM Ron Francis, per the club’s website. “He looked and felt good physically, but didn’t feel up to the grind of the NHL mentally.”

Gleason started last season with Carolina before he was traded to Washington in February.

In his career, he’s played 727 NHL games, plus 32 more in the playoffs.

Isles call Strome back up

Ryan Strome, Johnny Boychuk
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Ryan Strome has been called back to the New York Islanders, the club announced this morning.

The 22-year-old returns to the NHL after eight games with AHL Bridgeport Sound. He had been sent there three weeks ago, after a tough start to the season.

Strome had two goals and two assists during his stint with the Tigers.

The Isles’ next game is Friday at Florida.

McLellan on Oilers’ loss to ‘Canes: ‘That’s a really disappointing effort from our hockey club’

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With the addition of Connor McDavid, 2015-16 was supposed to be the year Edmonton showed significant progress on the ice.

We’re less than two months into the season, McDavid’s out because of a broken clavicle, and the so-called progress just hasn’t been there.

On Wednesday, the Oilers hit a new low, as they were handed their fifth loss in their last six games at the hands of the Carolina Hurricanes.

Ryan Nugent-Hopkins opened the scoring in the first period, but Carolina answered with four unanswered goals by Jordan Staal, Elias Lindholm, Jeff Skinner and Andrej Nestrasil to win 4-1.

“We got outcompeted in the second period, badly,” Mark Letestu told the team’s website. “Whether it was little puck battles or even just executing on systems. It played right into their game. When you get behind a team like this that’s so dominant in the circle it’s tough to generate chances to come back. We didn’t deserve to win this one at all.”

As if things weren’t bad enough, the Oilers also lost Nail Yakupov to injury after a linesman (yes, a linesman) fell on top of him.

After the game, head coach Todd McLellan didn’t hold back:

Edmonton collected 14 points in the first 22 games of the 2014-15 season and after the same amount of games this year, they have just one more point.

They’re currently alone in last place.