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 10, 2014, 5:26 PM EDT
Canucks GM pens letter to ticket holders.
Mar 10, 2014, 5:14 PM EDT
Click for a video explanation.
Mar 10, 2014, 4:33 PM EDT
All the latest from the blue paint…
Mar 10, 2014, 4:14 PM EDT
Dallas seems to be a good fit for the 22-year-old former Bruin.
Mar 10, 2014, 4:00 PM EDT
“We have to keep scoring goals. We have to keep playing this way,” said Adam Henrique.
Mar 10, 2014, 2:56 PM EDT
He meant he doesn’t want to be traded.
Mar 10, 2014, 2:37 PM EDT
Fire up the comments section!
Mar 10, 2014, 2:26 PM EDT
But how does creating a long change in overtime sound?
Mar 10, 2014, 2:10 PM EDT
Starting tonight in Anaheim.
Mar 10, 2014, 1:49 PM EDT
A home game vs. Washington, which will also mark Dustin Penner’s return to Anaheim.
Mar 10, 2014, 1:11 PM EDT
“It’s a bad position, I guess.”
Mar 10, 2014, 12:56 PM EDT
Veteran winger won’t play tonight vs. Phoenix.
Mar 10, 2014, 12:44 PM EDT
The 13th overall pick in the 2010 draft.
Mar 10, 2014, 12:16 PM EDT
Tough blow for Montreal.
Mar 10, 2014, 11:56 AM EDT
With Jay Beagle and Tom Wilson.
Mar 10, 2014, 11:34 AM EDT
Deadline deal could end up being a masterstroke.
Mar 10, 2014, 11:17 AM EDT
Columbus is fighting hard for a spot in the postseason.
Mar 10, 2014, 10:44 AM EDT
No desire to go through a Dan Girardi/Ryan Callahan situation.
Mar 10, 2014, 9:58 AM EDT
Welcome to modern hockey philosophy.
Mar 10, 2014, 9:19 AM EDT
He was given a double-minor on the play.
- Gillis pleads his case: ‘We are enduring a challenging period’ 1
- Nolan gets a game for punching ‘unsuspecting’ Joensuu 4
- It doesn’t sound like 3-on-3 overtime is going to be a thing 26
- Blues finish night on top of NHL standings after shootout win 15
- Kings’ Nolan gets double-minor for punching Oilers’ Joensuu 54
- Extended overtime likely to be on agenda in GMs’ March meeting 41
- Lundqvist shuts out Red Wings to claim 300th victory 11
- NHL on NBCSN: Hawks know they can’t take Sabres lightly 11
- NHL on NBC: Red Wings, Rangers fight to cling onto playoff spots 2
- Video: Flames score center-ice goal against Canucks’ Lack 19
- Canucks trade Luongo to Panthers (93)
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Report: Canucks want center, top prospect and first-rounder for Kesler (68)
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack (68)