A federal court in Arizona has ruled against the NHL in its claims against former Phoenix Coyotes owner Jerry Moyes.
The league, which ran the team for four years before selling it for $170 million in August, filed the lawsuit against Moyes in 2010 and was initially seeking $112.7 million in operational losses.
The bankruptcy court also ruled that Moyes was not responsible for $6.5 million in unpaid salary to former coach Wayne Gretzky.
NHL deputy commissioner Bill Daly says the NHL is reviewing its options before deciding on whether to appeal Baum’s decision.
What's next? Uncle Gary sticking the new owners with all monies owing?