Reinsdorf Bid Out In Phoenix: What Happens Now?

Jerry Reinsdorf's bid to own the Phoenix Coyotes has fallen apart and the original Ice Edge Holdings proposal is back on the table, according to 12news in Phoenix. Most of us around the hockey world are completely confused by this entire situation ... still ... so let's turn to the people who know the situation best, Coyotes fans at SBN's Five For Howling:

So at this point do we just throw our collective hands up and just ask anyone in Glendale if they have any clue at all what they're freakin doing? Reports coming from ESPN and elsewhere now have the City of Glendale's perfect little plan to get buddy Reinsdorf installed to run the Coyotes (The deal was actually total crap) has fallen apart. AND They've crawled back on their hands and knees back to Ice Edge Holdings to try and get a deal hammered out. 

[...]

Daryl Jones of IEH has already stated via twitter that "Ice Edge is not confirming or denying the reports tonight, but we are confirming our bid for Man U has been dropped." AKA, yeah they're probably back in the mix.

AND THAT'S A GOOD THING! They're the guys the fans wanted all along even if the city didn't. They showed up to games, interacted with fans, talked directly to the fanbase and did all the things that a new owner here is going to need to so to make this thing work. I'm sure we'll get 73 different version of what's really going on during the day today, but as of right now I'm glad to have the guys back in it.