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An in-depth look at the terrible state of the Phoenix Coyotes finances. The team has lost $70-million the past three seasons and is in bankruptcy court. Read More »

Next » by Ross D. Franklin - AP

Phoenix Coyotes owner Jerry Moyes departs U.S. Bankruptcy Court, without answering questions, after a Phoenix Coyotes hockey team bankruptcy hearing, Tuesday, May 19, 2009, in Phoenix. The NHL went to U.S. Bankruptcy Court to try to block the sale of the Coyotes by owner, who filed for Chapter 11 bankruptcy on May 5 detailing a plan to sell the team to Blackberry maker Jim Balsillie on the condition that it be moved to Hamilton, Ontario. (AP Photo/Ross D. Franklin)