Monday, Nov. 2, 2009

Judge approves sale of bankrupt Coyotes to NHL

By BOB BAUM AP Sports Writer

PHOENIX (AP) - A federal bankruptcy judge has given his approval to the sale of the Phoenix Coyotes to the NHL.

Judge Redfield T. Baum agreed to sign the sale order on Monday after attorneys made minor modifications to the deal.

None of the changes significantly altered the NHL's agreement to pay about $140 million to buy the team from owner Jerry Moyes.

The only party who didn't join in the agreement is former coach Wayne Gretzky, who owned a small portion of the team. However, Gretzky did not file a formal objection with the court.

2009-11-02     18:12:37 GMT

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