Ice Edge CEO Says They Will Bid For Coyotes

As the auction for the Phoenix Coyotes nears, Ice Edge CEO Anthony LeBlanc contends his company's bid is still alive and well.

"We remain confident we will finalize everything that needs to be done by Thursday," Ice Edge CEO Anthony LeBlanc said in an email to The Associated Press.

Ice Edge's bid is significant because the company wants to keep the team in Glendale, yet will need to secure a new lease agreement with the city in order to purchase the team.

The big fight right now is between Jim Balsillie, who desires to purchase the team and move it to Hamilton, Ontario, and the NHL. The league plans on purchasing the team and then reselling it outside of bankruptcy. To further complicate matters, the NHLPA says that it will accept the NHL and Balsillie's bid, but not the one from Ice Edge.

Judge Redfield T. Baum will continue to study over 900 court documents this weekend as they prepare for the auction next week.