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NHL's bid offers nothing to Moyes

Associated Press

Wednesday, August 26, 2009

PHOENIX -- The NHL is offering about $140 million to purchase the Phoenix Coyotes in U.S. Bankruptcy Court and would avoid a sticky issue still facing the case by accepting the existing lease to play in Glendale. That acceptance would last no longer than through the coming season while the NHL seeks a better deal with the city and an acceptable buyer. If a buyer to keep the team in Glendale isn't found, NHL deputy commissioner Bill Daly said in an introduction accompanying the bid, the league w ...

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