R.I.P. Phoenix Coyotes?

They're bankrupt, their market sucks and now Blackberry billionaire Jim Balsillie has made an offer to buy the team--on the condition he be allowed to move it to southern Ontario.

(Too bad Winnipeg's richest families don't make their money in sunrise industries, eh? Losing the Jets was an astounding failure of a business class that seems to have be having a lot of those lately. But I digress bitterly.)

It'll be interesting to watch this unfold.

Here's the story in the Toronto Star. Telling quote: "The league remains worried that Balsillie could purchase the team and move it to Ontario."

Here's the link to Balsillie's website.

And here's the video on TSN. Is it just me, or does Balsillie look twitchy?