Jan 6, 2013, 8:01 AM EST
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.
- Wounded Wing: Howard (MCL sprain) out 2-4 weeks 2
- Wild coach accuses Sharks of embellishment 51
- Lundqvist hooked after three first-period goals as Rangers’ woes continue 28
- Burke wants the Flames to be — yep, you guessed it — more ‘truculent’ 46
- Flames fire GM Jay Feaster 36
- Video: Projected rise in salary cap could have some players ‘licking their lips’ 22
- Discuss: Blackhawks score big on Rivalry Night on NBCSN 37
- Crosby: If I had to guess Thornton’s suspension, I’d say 10 games 85
- Cowen gets two-game suspension for hit on Girgensons 12
- Rangers must consider Callahan’s injury history in contract talks 13
- Video: Penguins’ Orpik stretchered off ice; Bruins’ Thornton given match penalty (184)
- Neal suspended five games for kneeing Marchand in the head (156)
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ (138)
- Pens put Orpik on IR (132)
- Orpik suffers from concussion, including memory loss (118)