So far as I can tell, GWI is holding up the sale of the Coyotes just fine doing nothing but threaten to sue if they put the deal thru. GWI doesn't have to do anything... they've successfully raised the interest rate and made the deal even worse for Glendale residents to the tune of 100 million+. Also, the NHL has stated it wont allow the deal to go thru if GWI sues. But GWI wont commit to that until the the city commits to the deal. It's like a game of chicken.
The question is how long will the NHL wait? The schedules have to be made within a few months for next year. I don't think the NHL will want to run the Yotes for another season so I think a realistic drop dead date would be around 2 to 3 months (tops) from now. And that's literally taking it up the razors edge.
This sounds like a headache and a half for the league frankly
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