Thursday, May 28, 2009

I Got An E-mail From Jim Ballsillie

Dear Gillis,

I am writing to thank you again for your support and update you on the latest in our "full speed ahead" drive to bring a seventh NHL franchise to Canada. Yesterday, Coyotes owner Jerry Moyes filed documents in court confirming his receipt of our offer to purchase the team for US$212.5 million, that the offer expires June 30, 2009 and that it is conditional upon moving the team to southern Ontario. We learned that the court has moved up its date to hear arguments on the question of relocation to June 9th and Judge Baum has said he will rule on this issue shortly after. If he rules the team can be relocated, the Judge has also indicated he will move the date of the auction we have asked for up to June 22nd. We have maintained from the beginning that we need to be in control of the team by then to know if we can move it this year, or if we have to keep it in Glendale for another year and then move it to its new home, Copps Coliseum, where we have secured the rights to a long-term lease. We are moving ahead. In the days ahead, I will have more exciting details to share with you about bringing this team to Canada.


Jim Balsillie

1 comment:

HabsFan29 said...

you're like BFFs!