PHOENIX (AP) — The Ice Edge group is back in the picture as a potential buyer for the Phoenix Coyotes.
NHL deputy commissioner Bill Daly says Ice Edge has resumed talks with the city of Glendale over a lease agreement. The Glendale City Council had previously rejected Ice Edge’s proposed deal and approved an agreement with a group headed by Chicago sports mogul Jerry Reinsdorf.
Daly would not comment on reports that Reinsdorf’s deal had fallen through or that the NHL was preparing to possibly move the team back to Winnipeg if no owner can be found to keep the team in Arizona.
The NHL purchased the team in U.S. Bankruptcy Court last fall with the stated intention of finding an owner who would keep the franchise in Arizona.