National Hockey League
National Hockey League
Reports: NHL will pay Gretzky close to $8 million
Updated
Mar. 4, 2020 7:38 p.m. ET
foxsports
More than four years after the Phoenix Coyotes went belly-up, Wayne Gretzky is reportedly getting his due.
And apparently, he was due a lot of cash.
According to multiple reports, the Great One has reached an agreement with the NHL that will pay him in the neighborhood of $8 million as reimbursement for money lost when then-Coyotes owner Jerry Moyes put the franchise into bankruptcy in 2009.
Gretzky had served as the team's head coach and head of hockey operations with the franchise.
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When Moyes filed for bankruptcy, the NHL took control of the franchise. It was sold to a group of Canadian businessmen last summer for $170 million, according to USA Today.
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