Balsillie's bold move

Advantage: Balsillie. In the latest entry into the ongoing pissing contest between Blackberry CEO and prospective team-owner Jim Balsillie and NHL commissioner Gary Bettman, Balsillie has the distinct advantage. He has made his move - the offer to purchase the bankrupt Phoenix Coyotes and move them into the most profitable hockey market imaginable - at the perfect time, and it could easily be argued that this display of tenacity and ingenuity is just the kind of character that should be present in an NHL owner. I honestly do not understand why the NHL does not want Balsillie involved, other than a seemingly meaningless vendetta emanating from Bettman's office. Perhaps it has its roots in pressure from the Toronto Maple Leafs, who have been accused of wanting to keep their monopoly in hockey's biggest market. I don't think that another team would make a dent on the Leafs anymore than the Senators have - if anything, it will bring more fans to the game and make the team more profitable as true fans emerge to support their team in the face of a regional foe. It might also make the Leafs want to develop a system in which a team would challenge for the Cup, which is good for hockey in general (yes, I realize how cynical that sounds; years of disappointment have left me jaded).
I can see why Bettman would not want this to happen - it demonstrates the folly of allowing the Jets to leave Winnipeg for Phoenix in 1996 and it almost certainly precedes his resignation within the next year. I just do not see how Bettman can justify keeping a team in Phoenix with the problems in the market. Gretzky coaching in Southern Ontario is the NHL's dream, and I think too many of the owners will finally turn on Bettman and side with Balsillie.