GRETZKY RESIGNS

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The Phoenix Coyotes saga took another dramatic turn on Thursday, as Wayne Gretzky has stepped down from his post as the team's head coach.

"This was a difficult decision that I've thought long and hard about," Gretzky said in a statement. "We all hoped there would be a resolution earlier this month to the Coyotes ownership situation, but the decision is taking longer than expected. Since both remaining bidders have made it clear that I don't fit into their future plans, I approached General Manger Don Maloney and suggested he begin looking for someone to replace me as coach. Don has worked hard and explored many options. I think he has made an excellent choice, and so now it's time for me to step aside.

Sources tell TSN that Dave Tippett will be named head coach of the team at a local news conference at 3pm local time.

Gretzky, who joined the Coyotes as a managing partner in 2000, was named head coach of the club in August of 2005 and signed a five-year contract to continue to serve as part owner, managing partner, alternate governor and head coach the following year.

The Coyotes never made the playoffs during their four seasons with Gretzky behind the bench. From 2005-06 to 2008-09, he had a 143-161-24 record for a .473 winning percentage.

"The Coyotes scouting staff has put together a great group of young and talented players who are going to improve tremendously over the next few years," the statement read. "I'm proud of the team we've assembled, the organization with which I've been associated and the thousands of dedicated fans who have never wavered in their support of this young team. I'm confident that the best is yet to come for hockey in Phoenix."

This development comes as Judge Redfield T. Baum continues to mull over a decision on the fate of the NHL franchise. On Wednesday, lawyers representing Canadian billionaire Jim Balsillie strengthened their case for the team, saying Balsillie has pledged to keep it in Glendale this season if he wins an auction for the financially troubled club.

Gretzky had been absent since the start of Coyotes training camp last week and a team spokesman said Gretzky wouldn''t participate until his contractual situation was resolved. Interim coach Ulf Samuelsson has taken over and the club has also hired veteran coach Dave King as an assistant.

"I want to thank every staff member of the Phoenix Coyotes, past and present. It was a real pleasure to work with each and every one of you," the statement said. "I've always said that Phoenix is a great sports city and deserves nothing but the best. I still believe that. As a young boy, I learned to play hockey in Southern Ontario, and I know what great fans they have there. It's my hope they too will have an NHL franchise in the not too distant future.

"I often said it was the greatest honour and privilege I could imagine to be able to play in the National Hockey League. I feel the same way about being an NHL coach. I've loved the four years I spent coaching the Coyotes. Not a day went by when I took it for granted, and I will miss the competition of the NHL dearly. It was an honour to hold the position, and I will always consider myself especially fortunate to have had this opportunity."

NHL on TSN analyst Darren Pang weighed in on the move shortly after the announcement came on Thursday.

"I know for a fact this has been toughest on Wayne Gretzky personally," Pang said. "Obviously he's taken a lot of hits from a lot of people who don't know the situation, but it has been very frustrating for Wayne because he wanted all along to be with the hockey club.

"He wanted to be coaching the team. He was obviously told to stay away with the uncertainty of the bankruptcy hearing," Pang said. "I know that Wayne Gretzky has been greatly disappointed. To step aside at this point is the right thing. He's obviously been beaten around a little bit and doesn't have the energy or authority to be there. For all of us that know Wayne and what he's put into this, this has been a very disappointing time for Wayne and not a lot of people have gone to bat for him, and that's even more discouraging."
 
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