TSN this week broke the news that the NHL and the City of Glendale (COG) have reached a one year operating agreement including the bailout of losses provision, up to $25 million. The Globe & Mail added commentary to the story ( http://www.theglobeandmail.com/sports/hockey/winnipegs-hopes-for-nhl-team-alive-once-again/article1578321/ ) as well as proving a copy of the deal itself found here:http://beta.images.theglobeandmail.com/archive/00660/Glendaledocs_pdf_660002a.pdfhttp://beta.images.theglobeandmail.com/archive/00660/Escrowdocs_pdf_660001a.pdfSeveral local supporters have questioned if this deal kills chances for the Coyotes moving to Winnipeg for the fall of 2010. Most suggest that a clause relating to severability does allow the NHL to opt out of this latest agreement should the bailout provision be nixed by the court. This keeps the door slightly open for Winnipeg and 2010.However, that doesn't address the timing of such a court ruling and the implications to the NHL and the Coyotes.If the NHL keeps the team in Arizona past its own point of no return and the bailout is ruled invalid by the courts, the NHL has stuck its' neck out from really little to gain. NHL stakeholders would be OFFside to believe that the NHL would so easily and effectively paint itself into a corner of the Arizona desert. more »