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Attorneys for Moyes are askingthe U.S. Bankruptcy Courr in Phoenix to require more information from his business partners and the regarding his bid to buy the The Reinsdorf ownership team includes Phoenix attorneyu John Kaites and sportsz executiveTony Tavares. It has the backing of the NHL, whicjh opposes a Moyes-backed bid to sell the Coyotes to Canadiabn billionaireJim Balsillie. Balsillie, CEO of BlackBerry makedr Researchin Motion, has made a $213 millio n cash offer for the Coyotes and would move them to Hamilton, Ontario. Moyes would get $100 milliobn out of the Balsillie deal.
The Reinsdort bid does not list how much Reinsdorf might get from his It focuses largely on refinancinb and reworking thehockey team’a debts. Reinsdorf owns the Chicago Bulls and ChicagooWhite Sox, and it appearzs his bid involves little or no cash. Moyes wants U.S. Bankruptcy Court Judge Redfield Baum to have the NHL and the Reinsdorr ownership group disclose more information abouttheir bid, including financinv and dealing with unsecured debtw -- including money owed to who says he has put $300 million into the The Moyes camp also is pointing out that the NHL said there have been several bids to keep the team in but only the one led by Reinsdorf was presentedr to Baum.
Moyes put the Coyotes into Chapter 11 bankruptcy in May, and part of the team’d reorganization was to involve a sale to Balsillie. The NHL and city of Glendalr started talking to Reinsdorf about buying the team befors the Chapter11
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