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Latest Jerry Reinsdorf Stories

2014-09-24 00:20:51

Gift Provides for Continued Growth of Organization that Supports 15,000 Chicago Teens CHICAGO, Sept. 23, 2014 /PRNewswire/ -- Chicago teens are getting a boost from Derrick Rose, NBA MVP and three-time All-Star. Rose is donating $1 million to After School Matters, a Chicago-based non-profit organization devoted to providing innovative out-of-school programs for teenagers. The donation was announced this evening at the organization's 2014 Annual Gala. The teen population that After...

2009-09-30 20:59:08

A bankruptcy judge Wednesday rejected a bid to buy the Phoenix Coyotes by a Canadian businessman who had hoped to move the team to Hamilton, Ontario. The judge also turned down an attempt by the NHL to purchase the franchise, but said he would reconsider the league's offer if more compensation was made to bankrupt owner Jerry Moyes and former Coach Wayne Gretzky. The Coyotes are scheduled to open their season in Los Angeles Saturday amid continuing concerns about their future. Moyes filed for...

2009-09-23 20:25:59

The NHL learned Wednesday the Phoenix Coyotes would remain in place throughout the upcoming season, no matter who winds up owning the team, court records show. The fate of the Coyotes rests with a bankruptcy judge, whose court will eventually decide which of two outstanding offers to buy the team will prevail. Franchise owner Jerry Moyes filed for bankruptcy in May, leaving the future of the team in the court's hands. Canadian businessman Jim Balsille has submitted a bid to purchase the team...

2009-08-26 14:31:25

Jerry Reinsdorf, chairman of baseball's Chicago White Sox, has abandoned his plan to purchase the NHL's Phoenix Coyotes. Chicago's majority owner had reached an agreement Aug. 11 with Jerry Moyes, majority owner of the Coyotes, to buy the bankrupt NHL franchise, but the Reinsdorf group failed to meet a court-mandated sale deadline Tuesday to buy the Coyotes and keep them in Glendale. In a statement, the Reinsdorf group called Moyes an unwilling seller. It is unfortunate "¦ We have...

2009-07-29 21:29:21

The NHL has blocked an attempt to move the Phoenix Coyotes to Hamilton, Ontario, instead approving a sale to a U.S. group, the league announced Wednesday. Commissioner Gary Bettman said the league's board of governors had turned down a bid from billionaire Jim Balsillie to buy the team. Balsillie had said he wanted to end the franchise's 13-year stay in Phoenix and return it to Canada. Instead, the board approved the sale of the financially troubled Coyotes to a group headed by Jerry...

2009-07-22 18:29:20

Both sides claimed victory after a court ruling requiring Glendale, Ariz., to reveal the incentives it offered to prospective buyers of the Phoenix Coyotes. A Maricopa County, Ariz., judge this week ordered the city to turn over pertinent records by Friday, the deadline for bids for the team to be submitted to U.S. Bankruptcy Court. The deadline pleased the city, which had feared it would lose its bargaining leverage if the information was released sooner, the Arizona Republic reported. The...

2009-06-27 14:02:26

Chicago Bulls owner Jerry Reinsdorf heads a group offering $148 million to buy the Phoenix Coyotes, an NHL executive has confirmed. The league said in a statement before the NHL draft that the offer was submitted in bankruptcy court documents in Phoenix Friday afternoon. We're aware the offer has been made, NHL Deputy Commissioner Bill Daly said. We're pleased there's an offer to own and operate the Coyotes in Phoenix. The league said the offer by the Reinsdorf group calls for a new...

2009-04-29 11:49:00

Partnership stimulates local philanthropy and improves life for Chicagoans CHICAGO, April 29 /PRNewswire-USNewswire/ -- The McCormick Foundation and Chicago White Sox Charities (CWSC) are pleased to announce the creation of the Chicago White Sox Community Fund, a fund of the McCormick Foundation. Through this partnership, CWSC will reach out to fans to raise money for important local causes. Funds raised will go to the Chicago White Sox Community Fund and then will be matched at 50 percent...

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2009-04-06 09:29:35

The recession has tempered some formerly free-spending Major League Baseball owners, with 14 clubs spending less on players this year, documents show. Documents obtained by USA Today indicated 10 of the 14 teams are cutting back player salaries by at least $10 million compared with last year. Still, when all 30 teams are included the average player salary rose by 4 percent, the newspaper reported Monday. The New York Yankees, with baseball's highest payroll at $201.4 million, will spend $8...


Word of the Day
reremouse
  • A bat.
The word 'reremouse' comes from Middle English reremous, from Old English hrēremūs, hrērmūs ("bat"), equivalent to rear (“to move, shake, stir”) +‎ mouse.
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