TSN is reporting that Rangers GM Glen Sather posted Peter Pocklington’s $1 million bail on Friday. The charges against Pocklington? Bankruptcy fraud.

Pocklington, who owned the Edmonton Oilers while Sather was coach of the team, filed for bankruptcy in August 2008, citing $20 million in debt. A large disparity by investigators prompted further investigation against Pocklington.

I didn’t know coach and owner could be so tight that one would post a $1 million bail for the other. I wonder if this counts against the cap? (Kidding).

Seriously, what is Sather’s salary that he can afford to post $1 million bail?

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