No huge surprise there. The time to have made a move on his offer with the Bonds was immediately following the December 14th vote by the COG approving the plan, end of January at the latest. Then the GW letters, threats, procrastinations, his failure to dig deeper when it was absolutely the only way to secure the franchise, questions about his solvency & inexperience, connections to IEH's etc just complicating matters even more. Lets see now if a deal can be completed in what would be in comparison to whats gone on in lightning speed, because without haste, IMO, the Coyotes are doomed.
As hard as it is to admit, the Coyotes are done like dinner. I can't see a deal being done in Arizona that doesn't include the NHL selling the franchise for less than $100 million. JR is not stupid. Westgate is in trouble. The CoG fiddles like Nero. The NHL will have its loses covered again while the NHL waits out another relocation group to surface and ... bang, its over. The CoG will be asking what just happened. If this was not actually happening, no one would believe the level of screw up by both the CoG and the NHL.
Hulsizer's departure leaves the team's already tenuous future in Arizona even less certain than before. It's believed Chicago Bulls and White Sox owner Jerry Reinsdorf, an on again off again suitor for the team in the past two years, is back in the picture as a potential owner as well as another group, the source said.
Another source told ESPN.com on Monday the Hulsizer withdrawal doesn't necessarily jeopardize the Coyotes' prospects and that there remains optimism a new owner will be in place by the end of August.
Hulsizer is still interested in buying another National Hockey League franchise but is not longer trying to buy the Coyotes, according an official familiar with the situation.
The official, who asked not to be identified, said the Hulsizer ownership group did not want to go through another several-month process of Glendale trying to sell the Coyotes to their group or other potential owners.
If TNSE could secure the Thrashers in a couple of weeks (believing the story as presented), then why is this Coyotes thing so complicated?
For several reasons...
The bankruptcy, the league owns the team, the league is not letting the team move if they were it would have been sold long ago, The BS with Glendale, the PHX economy, The teams past financials, etc, etc...