Breaking news this evening. The ownership group of the Phoenix Coyotes have filed for Chapter 11 bankruptcy. The bankruptcy filing also included a proposed sale to a group called PSE Sports & Entertainment, LP. The sale would involve the team moving to southern Ontario.
Say it with me: “Ladies and gentlemen, here is the starting line-up of your Hamilton Blackberries…”
For more details, click here.
UPDATE: The National Post confirms that RIM CEO Jim Balsillie is part of the PSE bid.
The Lowdown 