 After his retirement in 1999, Gretzky was immediately inducted into the Hockey Hall of Fame, making him the most recent player to have the waiting period waived. The NHL retired his jersey number 99 league-wide, making him the only player to receive this honour. He was one of six players voted to the International Ice Hockey Federation's (IIHF) Centennial All-Star Team. Gretzky became executive director for the Canadian national men's hockey team during the 2002 Winter Olympics, in which the team won a gold medal. In 2000, he became part owner of the Phoenix Coyotes, and following the 2004 – 05 NHL lockout he became the team's head coach. In 2004, he was inducted into the Ontario Sports Hall of Fame. In September 2009, following the franchise's bankruptcy, Gretzky resigned as coach and relinquished his ownership share.
