Aug 27, 2012, 11:01 PM EDT
Fourth time’s the charm? That’s how many times the NHL and the city of Glendale have extended their arena management agreement, according to a report from the Arizona Republic.
The NHL will now operate Jobing.com Arena, home of the Phoenix Coyotes, for another 30 days to give Greg Jamison more time to purchase the franchise.
“This provides a period of time that’s necessary to make sure the entire transaction can occur,” City Attorney Craig Tindall said.
When the NHL and Glendale extended the arena deal back in July, we noted that Jamison was reportedly $20 million short of the money needed to buy the franchise from the league. However, since then Jamison has reportedly secured the investment money.
The Phoenix Coyotes quest to get an owner has been a long, winding, and bumpy road. We haven’t reached the end of this saga yet, but perhaps we’re finally approaching the conclusion.
- Silfverberg scores winner with 21 seconds remaining, Ducks complete comeback over Jets 0
- Eichel understands Murray’s disappointment, but ‘extreme competitor’ has ‘a lot to offer’ 28
- So…what do the Oilers do now? 39
- Of course they did: Oilers win 2015 NHL Draft Lottery, will select first overall 152
- WATCH LIVE: Tonight’s Stanley Cup playoff action 7
- Tarasenko’s hat trick has the Wild singing the Blues 16
- Bishop records first career playoff win as Lightning even series with Red Wings 5
- Hartley fined $50,000 after brawl between Flames and Canucks 24
- Blackhawks’ Darling gets the nod for Game 3 29
- Watch Live: Bolts, Blues look to even up their respective series 0
- Of course they did: Oilers win 2015 NHL Draft Lottery, will select first overall (152)
- Stone suffered microfracture on Subban slash, Sens confirm (102)
- Report: Kings’ Stoll arrested for cocaine, MDMA possession (Updated) (98)
- Report: Players growing tired of Darryl Sutter (94)
- Bruins fire Chiarelli after missing playoffs (75)