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NHL: Reinsdorf the choice for Coyotes

Updated: June 30, 2009, 10:24 PM ET
Associated Press

SCOTTSDALE, Ariz. -- The NHL believes Jerry Reinsdorf can succeed where Jerry Moyes failed as owner of the financially ailing Phoenix Coyotes.

Reinsdorf, the owner of baseball's Chicago White Sox and the NBA's Chicago Bulls, has offered $148 million to buy the Coyotes out of Chapter 11 bankruptcy and keep the team in Glendale, a suburb west of Phoenix. The Coyotes have been awash in ink as red as their home jerseys.

"Obviously, some of the numbers aren't pretty, but they obviously ...

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