Canadian billionaire Jim Balsillie is looking to buy the financially ailing Phoenix Coyotes and bring them to Southern Ontario.
The co-CEO of BlackBerry maker Research In Motion says his $212.5-million (all currency U.S.) offer is conditional on moving the Coyotes north of the border.
"The current team ownership asked that I table an offer to purchase the Coyotes and significant discussions resulted in an offer that is in the best interests of the franchise, the NHL, and the great hockey fans of Canada and Southern Ontario," Balsillie said in a statement Tuesday.
"I am excited to move closer to bringing an NHL franchise to what I believe is one of the best un-served hockey markets in the world — Southern Ontario. A market with devoted hockey fans, a rich hockey history, a growing and diversified economy and a population of more than seven million people."
In other news swarms of Manitobans are driving towards Mississauga to move Southern Ontario to Winnipeg.
As the saying goes:" Try the veal. I'll be here all week."