Prospective Coyotes buyer lacks funds, NHLPA still waiting on information from NHL, Flyers re-sign their head coach, the Penguins hire a new arena management firm, and the latest on Ryan O’Reilly, Rick DiPietro and Patrick Kaleta.

PHOENIX BUSINESS JOURNAL: Prospective Coyotes buyer Greg Jamison lacks the funding to both purchase the team and operate it after the purchase. His group and other backers of a Coyotes sale still believe the purchase can be done if more capital can be raised or more accommodating terms can be reached with the NHL.

SPECTOR’S NOTE: As we discussed last night on The Face Off Hockey Show, this saga won’t end until the NHL has finally exhausted every option to keep the Coyotes in Glendale. Sadly, this saga has already exhausted the patience of most hockey fans, bloggers and pundits, who’ve reached the point where they just don’t care what happens to the Coyotes. As always, my sympathies rest with the Coyotes players, their families, and of course, the Coyotes fans, who’ve had to deal with this uncertainty for over three years now.

ESPN.COM: The NHLPA is still awaiting all the financial documentation it requested from the league, which it claims it must review before making a CBA counter-proposal. NHL Deputy Commissioner Bill Daly acknowledged the league is leaning toward a lockout, but also wouldn’t rule out the possibility of continuing without a CBA in place:

“As a legal matter, we can still play, yes,” Daly said. “There are certain provisions that fall out of the CBA upon expiration, including no-strike and no-lockout provisions, so as of that point in time the situation is not entirely the same. The status quo has changed. We’ll have to deal with that if and when we get there, but I think the goal and objective of hopefully both sides is that we don’t get to that point.”

SPECTOR’S NOTE: So, they could still have a season without a CBA, but I doubt it’s something the league is willing to seriously consider. The PA would be willing, but playing without a CBA removes leverage from the league over the players.

SI.COM: Adrian Dater provides an interesting look at the NHL salary arbitration process.

DiPietro off IR.

NHL.COM: The New York Islanders have activated goaltender Rick DiPietro from injured reserve.

SPECTOR’S NOTE: As per Chris Botta, if DiPietro were on IR during a work stoppage the Islanders would have to pay him.

NBC SPORTS PRO HOCKEY TALK: Ryan O’Reilly’s contract talks with the Colorado Avalanche are set to resume in a week or two.

NHL.COM: The Philadelphia Flyers re-signed head coach Peter Laviolette to a contract extension.

THE BUFFALO NEWS: Newly re-signed Sabre Patrick Kaleta is taking steps to reduce his injuries.

PITTSBURGH TRIBUNE-REVIEW: The Penguins have hired a new arena management group.