Dec 28, 2012, 11:31 AM EDT
Finding investors to put their money into the perpetually money-losing Phoenix Coyotes has not been easy for prospective buyer Greg Jamison.
How tough has it been? According to the Globe and Mail’s David Shoalts, Jamison explored using something called the EB-5 program, which provides foreign nationals with a green card for investing money (typically a minimum of $1 million) in the United States.
Ultimately Jamison abandoned the EB-5 avenue, but not before he reportedly traveled as far as the Middle East in his search for backers.
“I’ve been at this 18 months, I’ve looked at everything,” Jamison told the Globe and Mail. “I’m aware of the [EB-5] program and what it can do. We did discuss it, but we’re not using it as part of our program, no.”
Who exactly comprises Jamison’s potential ownership group has been a mystery. The former Sharks executive has declined to share that information, even with the City of Glendale which recently signed the controversial arena management deal that calls for $320 million to be paid to Jamison’s group over a 20-year term.
Jamison hopes to close on his purchase by the end of January. Whether he actually gets it done, as usual we’ll have to wait and see.
Mar 29, 2015, 1:40 AM EDT
Vancouver leads L.A. by three points in the Pacific Division.
Mar 29, 2015, 1:05 AM EDT
Vancouver creates breathing room in the Pacific Division.
Mar 28, 2015, 11:20 PM EDT
The Wild defeated the L.A. Kings 4-1.
Mar 28, 2015, 10:50 PM EDT
Max Pacioretty scored the winner.
Mar 28, 2015, 10:15 PM EDT
Toronto won for just the sixth time in 34 games.
Mar 28, 2015, 9:30 PM EDT
Collided with Cody Goloubef in the first period.
Mar 28, 2015, 9:15 PM EDT
He allowed two goals on nine first period shots.
Mar 28, 2015, 8:55 PM EDT
Finished off a nice passing play by Jagr and Huberdeau.
Mar 28, 2015, 8:15 PM EDT
Ottawa’s starter tested early.
Mar 28, 2015, 7:45 PM EDT
The Pens defenseman will remain in hospital overnight.
Mar 28, 2015, 6:30 PM EDT
He appeared in eight games with Columbus this season.
Mar 28, 2015, 6:00 PM EDT
It’ll cost him $3,897.85.
Mar 28, 2015, 5:40 PM EDT
Detroit moves five points up on Boston in the Atlantic with the win.
Mar 28, 2015, 4:38 PM EDT
Anaheim currently has the NHL’s best record as well.
Mar 28, 2015, 3:48 PM EDT
Big win for the B’s.
Mar 28, 2015, 3:25 PM EDT
The West’s first ticket gets punched.
Mar 28, 2015, 2:59 PM EDT
There’s plenty of debate about it being dirty or clean.
Mar 28, 2015, 2:49 PM EDT
The only update so far is he’s “unlikely to return.”
Mar 28, 2015, 2:18 PM EDT
A positive trend on Saturday.
Mar 28, 2015, 1:46 PM EDT
Pittsburgh killed the penalty.
- 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)