Wayne Gretzky's statment after leaving the Coyotes coach role (Source: Imagn)
In September 2009, Wayne Gretzky announced he was stepping down as head coach of the Phoenix Coyotes. His time with the team had been difficult due to financial and ownership issues. The team was struggling, and Gretzky made a statement to fans about his departure.
His decision was expected. The Coyotes were facing legal and financial problems. Canadian billionaire Jim Balsillie was trying to buy the team in bankruptcy court. This caused uncertainty, and Gretzky confirmed his departure on his website.
"This was a difficult decision that I've thought long and hard about," Gretzky said on September 24, 2009. "We all hoped there would be a resolution earlier this month to the Coyotes ownership situation, but the decision is taking longer than expected."
