We're trying to improve Conversations.
Please take a brief survey and help us out.

Balsillie ups Coyotes offer to $242.5M

Associated Press

Tuesday, September 8, 2009

PHOENIX -- Canadian billionaire James Balsillie has offered the city of Glendale $50 million to quiet its objections to his bid to buy the Phoenix Coyotes and move the franchise to Hamilton, Ontario. Lawyers for Balsillie, co-CEO of the company that makes the Blackberry, filed an amended bid in U.S. Bankruptcy Court on Monday adding the offer to Glendale. Balsillie offered to buy the franchise for $212.5 million, contingent on moving it to Ontario. The new bid would subtract $20 million from t ...

Read full story | Create Your Profile

Activate your ESPN Profile!

Sort comments by: Most Recent | First Posted

Comments that include profanity, or personal attacks, or antisocial behavior such as "spamming" or "trolling," or other inappropriate comments or material will be removed from the site. We will take steps to block users who violate any of our terms of use. You are fully responsible for the content that you post.


Conversations in Real-Time

CONTESTS & PROMOTIONS

ESPN Fantasy Salary Cap
Create your own fantasy game day living room and win BIG!
Heisman Vote 2009
Vote for the next Heisman winner and enter for a chance to win a trip to the awards show. Mor
Engineered to Win Challenge
Test your football smarts by playing NFL trivia and enter each week for a chance to win a 2010 GMC Sierra.