Canadian businessman Jim Balsillie was unanimously rejected by the National Hockey League's board of governors in his bid to become an NHL owner at a meeting Wednesday afternoon in Chicago.
A group led by Chicago Bulls and Chicago White Sox owner Jerry Reinsdorf has offered to buy the bankrupt Phoenix Coyotes for $148 million and keep the team in Arizona.
Jerry Reinsdorf promised a bid to buy the Coyotes as a judge set a deadline for local offers.
Hey, Chicago! No more gloom. You've got Rex, Lou, the Bulls. And now, Linda Cohn says, you've got the Hawks playing well, too.