Mike Sunnucks of the Phoenix Business Journal has written a good article outlining the last-ditch plan that may be in the works to salvage the sale of the Phoenix Coyotes to prospective buyer Matthew Hulsizer. If that plan fails, the hockey franchise could then be sold to a Canadian group who will move the Coyotes back to Winnipeg.
If the deal falls through, the team will in all likelihood move to Winnipeg. However, Phoenix is an important market for the NHL, so don't be surprised if something is worked out.
If the Coyotes leave, the city will be left without a main tenant for its $180-million state-of-the-art arena. The league would lose the 12th largest TV market in the U.S. at a time when it is working on a new deal for American television.