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Moyes confirms Coyotes sale talks

Updated: February 18, 2009, 7:03 PM ET
Associated Press

GLENDALE, Ariz. -- The owner of the Phoenix Coyotes has confirmed news reports that the team has received expressions of interest from potential investors in the team.

Jerry Moyes said a potential sale of the team is under review.

In a news release, the team said Moyes will continue conversations with potential investors to enable the Coyotes to retire debt and obtain working capital, which will reduce Moyes' ownership percentage in the team.

The team said Moyes and managing ...

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