Thursday, May 7, 2009

So Who Is This Jim Balsillie?

You know that you're wondering who this guy is and why he's making so many headlines over the past couple of days. He's tried unsuccessfully in the past to purchase the Nashville Predators and the Pittsburgh Penguins and move them to Southern Ontario.

Here's a little snipit from the Research In Motion website about Jim Balsillie:

Since 1992, Jim Balsillie has been co-CEO at Research In Motion (RIM), maker of the world renowned BlackBerry wireless solution. At RIM, Jim is responsible for driving corporate strategy, business development, marketing, sales, and finance.

In 2002, Mr. Balsillie founded The Centre for International Governance Innovation (CIGI), a world-class global research institute focused on the restructuring of international governance. In 2007, Mr. Balsillie announced the creation of the new Canadian International Council (CIC) of which he is the Chair. In 2008, he founded the Balsillie School of International Affairs.

Mr. Balsillie is a graduate of the University of Toronto and the Harvard Graduate School of Business. He is a chartered accountant and a fellow of the Ontario Institute of Chartered Accountants. He also holds numerous honorary doctorate degrees.

I just don't understand what it is exactly that Gary Bettman and the NHL have against this guy? The guy has a bag full of money, he's dying to get his hands on an NHL franchise (even the ones that are bankrupt!) and yet they are avoiding him like the plaque. Who else is going to pay more than $200 million for the Phoenix Coyotes? Can Hamilton support an NHL franchise? Hell, it can't fare much worse than Phoenix!

Want to read some more about this whole mess? Check out Bob McKenzie's article, which was a pretty decent explanation. Or, check out the website, which was set up to provide updates regarding the sale of the Coyotes.

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