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.
- Ex-‘Hawks goalie Raanta tees off on former club 23
- Report: Hawks feel Kane ‘disrespected’ team, have received trade calls 108
- Hawks’ biggest question: What happens with Patrick Kane? 78
- Hall of Famer Al Arbour passes away 22
- Poll: Who will be San Jose’s next captain? 24
- Mike Richards charged with possession of controlled substance 95
- Gio won’t go: Flames extend Giordano for six years, $40.5M 13
- Pens’ plan for now: Crosby starts as Kessel’s center 25
- O, Dear: Russia fined $85K for skipping Canadian anthem 31
- Kings ink Ehrhoff to a one-year, $1.5 million deal 27
- Report: Hawks feel Kane ‘disrespected’ team, have received trade calls (110)
- Mike Richards charged with possession of controlled substance (95)
- Hawks’ biggest question: What happens with Patrick Kane? (79)
- Lucic jokes about running through Rask ‘like I did (to) another goalie’ (42)
- Poll: Will Kessel score 40? (38)