May 30, 2012, 3:58 PM EDT
Time for another Phoenix Coyotes update that isn’t really an update since there’s no real news to report.
“The process continues to move forward and there don’t appear to be any roadblocks that would derail it,” NHL deputy commissioner Bill Daly tells the Arizona Republic’s Lisa Halverstadt.
The league is hoping to reach a formal agreement to sell the franchise to former Sharks executive Greg Jamison.
Meanwhile, the City of Glendale, which owns the arena where the Coyotes play, is facing a budget crisis that’s already led to layoffs. And if a deal with Jamison is officially struck, the city is expected to pay a $17 million arena-management fee next fiscal year, plus a similar annual fee into the future.
- Video: Bolts lose Garrison, Paquette in loss to Wings 3
- Bruins ruin Lundqvist’s return 26
- Video: Letang hospitalized after Doan hit (Update) 42
- Bruins chalk Rask’s absence up to dehydration (Update) 4
- Happy returns: Datsyuk plays for Detroit 2
- Gearing up: Malkin, Hornqvist return for Pens 0
- Five big games to watch this weekend 8
- Video: Kessel, Booth get into altercation at Leafs practice 34
- Playoff watch — what the bubble teams need to do 29
- After Howard fails to ‘bounce back,’ Mrazek to receive ‘opportunity’ 36
- Dreger: ‘In Kessel’s case, I firmly believe he’s going to be traded’ (73)
- Coyotes ‘win’ against Sabres in OT (58)
- Red Wings beat Blues in OT, but should winning goal count? (56)
- Tank-worthy? Connor McDavid finishes OHL season with 120 points in 47 games (56)
- Report: No fine or suspension for Tyler Toffoli’s hit on Alex Burrows (51)