Jan 6, 2013, 8:01 AM EDT
It appears another long, frustrating NHL story may be over, as Sportsnet’s John Shannon reports that Greg Jamison’s investor group is on the verge of announcing its purchase of the Phoenix Coyotes from the NHL.
If true, Jamison will purchase a franchise that’s been in flux since former owner Jerry Moyes put it into bankruptcy in 2009. Moyes’ intention, despite the NHL’s objections, was to sell the team to Canadian billionaire Jim Balsillie, who planned to move it to Hamilton, Ontario. Eventually, after a lengthy court battle, the league bought the club.
Who exactly comprises Jamison’s ownership group has remained a mystery. The former Sharks executive has declined to share that information, even with the City of Glendale, which recently signed a controversial arena-management deal that calls for $320 million to be paid to Jamison’s group over a 20-year term.
Presumably the end of the lockout is related to the timing of this report, as Jamison would have been hesitant to purchase the Coyotes if the season were canceled and players started to file antitrust suits.
- MacKinnon, Avs shine against Wild, take 2-0 series lead 13
- Video: Roenick says MacKinnon is more dominant at 18 than Crosby was 11
- Blue Jackets gain first-ever playoff win, tie series with Penguins 1-1 33
- Video: Seabrook ejected for charging Backes; will face hearing (update) 110
- WATCH LIVE: Columbus Blue Jackets at Pittsburgh Penguins (Game 2) 4
- Blues come back to stun Blackhawks 4-3 in overtime, take 2-0 series lead 30
- WATCH LIVE: Chicago Blackhawks at St. Louis Blues (Game 2) 4
- Flyers’ Mason out of Game 2, Emery to start again 51
- Lucic fined $5,000 for spearing DeKeyser 77
- Getzlaf powers Ducks to Game 2 victory, 2-0 series lead over Stars 7