The Phoenix Coyotes bankruptcy case is shaping up to be the year's landmark sports law case. The big question hovering over the entire proceeding: Who ultimately has the authority to decide who can own a team and where that team plays -- a professional sports league or a bankruptcy court judge? The National Hockey League believes such power rests with the league, and it has taken the highly unusual step of submitting its own bid to purchase the Coyotes over a rival bidder who might relocate the franchise to Canada.
At Issue in NHL Case: Who Decides Who Can Own a Team?
The American Lawyer
August 28, 2009