Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Coyotes Have New Owner

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Coyotes Have New Owner

Article excerpt

The Phoenix Coyotes finally have an owner.

IceArizona completed its purchase of the franchise from the NHL Monday and received approval from the league's Board of Governors, ending a four-year search for an owner in the desert.

Completion of the sale sparks a $225 million lease agreement for Arena reached recently by the city of Glendale and Renaissance Sports and Entertainment, managing partner of IceArizona,

"The National Hockey League believes in Arizona as an NHL market and that these new owners can provide the Coyotes the opportunity to secure a stable, long-term future in Glendale," NHL commissioner Gary Bettman said in a statement.

RSE, headed by George Gosbee and Anthony LeBlanc, completed the deal after numerous suitors came forward and then fell away.

The saga started in 2009, when former owner Jerry Moyes took the team into bankruptcy in a failed attempt to sell it to Blackberry founder Jim Balsillie, a Canadian billionaire who once submitted a bid to buy the Penguins. Balsillie wanted to move the Coyotes to Hamilton, Ontario, but the NHL and Glendale fought the plan in court and the team was sold to the league later that year.


A 17-year-old charged with killing a Utah referee because he didn't like the man's call in a game pleaded guilty to a charge of homicide by assault in a case that brought new attention to the issue of violence and sportsmanship in athletics. The plea deal was hashed out between the teen's attorneys and prosecutors. Under the deal, prosecutors agreed to keep the case in juvenile court. A judge sentenced the teenager to juvenile prison, leaving how much time he will spend there to a juvenile parole board. The maximum would be just more than three years until he turns 21, but the parole board has the authority to let him out sooner.

* Central Michigan University said sophomore Josie Seebeck, who played on the women's team, died Sunday after a car crash Friday night near Lansing that sent two other players to the hospital. …

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