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With his extravagant coaching contract of $11 Million, It would appear that his business arrangement resembles one of an owner/partner rather than one of a coach that would have been hired "at arm's length".
The Phoenix NHL franchise is in bankruptcy.
Word is that they want to sell out to a guy that will move the club to Hamilton, Ontario.
(Which is a very wise move)
Here is a good story that you can read or listen to:
http://www.npr.org/templates/story/story.php?storyId=113077058
Wayne stated today that he doesn't think he fits into their plans. The whole team is in disarray.
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Why has Wayne Gretzky resigned as the coach of the Phoenix Coyotes?
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Thanks sangfroid for your answer.
by keithold is a prodigal bagger on September 24th, 2009