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Balsillie: Team would stay put this year

Updated: September 23, 2009, 6:02 PM ET
Associated Press

PHOENIX -- Canadian billionaire Jim Balsillie has pledged to keep the Phoenix Coyotes in Glendale this season if he wins an auction for the financially troubled club.

The revised offer came during an emergency hearing Wednesday before bankruptcy Judge Redfield T. Baum, who called Balsillie's proposal "a fairly significant change."

Balsillie does, however, still plan to move the team to Hamilton, Ontario, as part of his $242.5 million bid.

Balsillie's revised bid appeared to be ...

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