Sources: League trying to find new revenue for cash-strapped Coyotes

Updated: December 23, 2008, 7:50 PM ET
By Scott Burnside | ESPN.com

The NHL hasn't taken over control of the Phoenix Coyotes, but it is taking an active role in trying to find new investors or ownership for the financially strapped franchise and is being kept apprised of any "significant" financial decisions the team makes, ESPN.com has learned from team and league sources.

The league also is trying to help broker changes to the existing lease with the city of Glendale in the hopes of making the situation more attractive to new investors or owners.

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