Judge rejects both bids to buy Coyotes (AP)
A bankruptcy judge has rejected both bids to buy the Phoenix Coyotes. Judge Redfield T. Baum turned down the offers of Canadian billionaire Jim Balsillie and the NHL in a 31-page ruling on Wednesday. Balsillie's bid was rejected outright, but the judge left the door open for the NHL to buy the team if it amends its offer in order to treat Coyotes owner Jerry Moyes and Wayne Gretzky more fairly.