SUMMARY: Minute Entry/Order of Judge Redfield Baum of the United States Bankruptcy Court for the District of Arizona rejecting both bids for the Phoenix Coyotes National Hockey League Franchise.

The first rejected bid was made by PSE Sports and Entertainment LP, an investment vehicle controlled by Jim Balsillie (one of the founders of Research in Motion, makers of the BlackBerry communication device). PSE intended to move the Phoenix Coyotes to Hamilton, Ontario, Canada over the objection of the National Hockey League. The second rejected bid was made by the NHL itself, with the intention of keeping the Coyotes in Glendale, Arizona for at least one more season and finding a new owner that the League considered more suitable than PSE.

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