Gretzky Resigns From Phoenix Coyotes

In a move that has been anticipated since he went MIA at the start of the Phoenix Coyotes’ training camp, Wayne Gretzky resigned from his position of head coach of the team.

Gretzky’s departure was a near certainty given the ongoing court case over the future ownership of the franchise. Neither Jim Balsillie nor the NHL has included Gretzky in their bids for the team. Gretzky’s current contract is rumoured to be worth up to $8.5 Million per season and neither party wanted to take on Gretzky’s contract going forward. In Balsillie’s case, Gretzky did not want to move from the Phoenix area to Hamilton under Balsillie’s proposed plan.

It’s interesting to note that only the proposed bid of Ice Edge Holdings included keeping Gretzky on board in any capacity. Jerry Reinsdorf didn’t get far enough in the process to indicate whether he would keep Gretzky on board or not.

There is a historical irony that will come out of this, though. The greatest player in hockey history has been forced out of the NHL by the worst franchise in hockey history. You think that a smart business man like Balsillie or someone in the NHL would try to keep Gretzky on as an ambassador. I guess the NHL isn’t that forward thinking.

Ulf Samuelsson was originally rumoured to be getting promoted from associate coach to head coach. However, recent rumours have former Dallas Stars coach Dave Tippett stepping into the hot seat.

The Humanoids: Leaving A Legacy

Legacy is fickle thing. So is my vocabulary seeing as I think a lot of things are fickle. You think you know what someone’s legacy will be but something happens that changes everything. I thought Michael Schumacher was overrated and a dirty driver but a few years without him made me realize how good a driver he actually was. Brett Favre was set to retire as a legend but tarnished his legacy with a trip to New York. There are some of my subjects today that haven’t set their legacy in stone yet. But is there such a thing as a legacy set in stone? Two controversial examples: 1) Steve McNair who was considered the toughest guy in the NFL but being shot by his mistress has tarnished him a bit in my eyes. Not as much as the circumstances surrounding 2) Chris Benoit who was one of the greatest technical wrestlers to set foot in the ring but he killed his wife and son before killing himself. The thing with these two is that they have tremendous professional legacies but could you ever think of them the same way (especially Benoit) as you did before they died.

Good news out of Lowdown HQ. We have one part of the Season 3 Premiere of The Lowdown radio show is in place. The kind folks at EA Sports have sent us a copy of NCAA Football 10 to review. We’ll have a preliminary review on the blog in the next couple of weeks. The big feature review will make on to our season premiere, currently scheduled on September 15th at 6:30 PM on 94.9FM CHRW in London, ON, and CHRWradio.com.

Anyway, The Humanoids will be going on hiatus next week. We’ll see what Jackie comes up with as a replacement. Maybe it’ll be the next big thing in blogging. And no, this has nothing to do with some guy on Twitter calling me a “st****** m*****f******” for not cheering the fact that Lewis Hamilton won the Hungarian Grand Prix. I’m still not sure what he was trying to call me. I would have guessed “stupid motherfucker” but I’m short a few letters. Anyone have any ideas? Maybe it’s “Stig’s coming! Fuck yay!” about Schumacher’s return. I’m thinking of making that edition of The Humanoids a NASCAR edition because I’m heading to the Michigan International Speedway to watch the good ol’ boys of the NASCAR Sprint Cup and Nationwide Series. Continue reading

Balsillie’s Bid For Coyotes Is Rejected

The old saying is that the third time is the charm. Jim Balsillie has attempted to buy the Pittsburgh Penguins and the Nashville Predators but failed both times. In his third attempt to buy an NHL franchise, the RIM CEO targeted the Phoenix Coyotes for a move to Hamilton. However, just like the last two tries, Jim was denied a chance to make it seven. Continue reading

Murky Details Around Phoenix Coyotes Bankuptcy

More details have emerged surrounding the bankruptcy filing by the Phoenix Coyotes on Tuesday. The NHL appears to be caught off guard by the bankruptcy petition and for good reason. It is believed that the league may have taken over operations of the team earlier in the year. Continue reading

Phoenix Coyotes Declare Bankruptcy

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.

READ MORE: Murky Details Around Phoenix Coyotes Bankuptcy