Skip to content

Report: Jamison on verge of announcing Coyotes purchase

Jan 6, 2013, 8:01 AM EDT

Nashville Predators v Phoenix Coyotes - Game One Getty Images

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.

Latest Posts
  1. Leafs sign Kadri to a one-year contract extension

    Jul 5, 2015, 3:55 PM EDT

    Nazem Kadri #43 of the Toronto Maple Leafs gets set for a faceoff against the Boston Bruins in Game Three of the Eastern Conference Quarterfinals during the 2013 NHL Stanley Cup Playoffs on May 6, 2013 at the Air Canada Centre in Toronto, Ontario, Canada. The Bruins defeated the Maple Leafs 5-2 to take a 2-1 series lead.
(May 5, 2013 - Source: Claus Andersen/Getty Images North America) Getty Images

    The deal will reportedly pay him $4.1 million next season.

  2. Report: Mikkel Boedker files for salary arbitration

    Jul 5, 2015, 3:08 PM EDT

    Mikkel Boedker AP

    His peak came in 2013-14: 19 goals, 51 points.

  3. Teacher-pest: Blue Jackets add Jarkko Ruutu to staff

    Jul 5, 2015, 2:20 PM EDT

    ruutugetty Getty Images

    Perhaps Blue Jackets prospects can learn from his scrappy ways.

  4. Clune is set to attend Leafs camp after signing with AHL’s Marlies

    Jul 5, 2015, 12:31 PM EDT

    Rich Clune AP

    He shared his story (and struggles) this past week.

  5. Report: Wild’s Haula files for arbitration

    Jul 5, 2015, 10:49 AM EDT

    haulagetty Getty Images

    That doesn’t guarantee that a hearing would take place, though.

  6. Changes continue for Canucks after reportedly letting go of their head trainer

    Jul 4, 2015, 11:20 PM EDT

    AP

    Vancouver started its development camp this weekend.

  7. Report: Contract negotiations between Blackhawks, Kruger ‘progressing OK’

    Jul 4, 2015, 10:10 PM EDT

    Getty Images

    His offensive totals were down, but was regularly used on penalty kill.

  8. Putting pen to paper: Wild re-sign Dubnyk

    Jul 4, 2015, 7:10 PM EDT

    AP

    They had agreed to terms last weekend.

  9. Oilers prospect Draisaitl ‘totally fine’ playing the wing

    Jul 4, 2015, 5:40 PM EDT

    Getty Images

    Played 37 games with Edmonton last season before getting sent back to the WHL.

  10. Caps agree to terms with veteran goalie Dan Ellis

    Jul 4, 2015, 12:48 PM EDT

    Dan Ellis Getty Images

    Washington’s AHL tandem has more NHL playing experience than Holtby and Grubauer.

  11. Canucks ink journeyman Blair Jones

    Jul 4, 2015, 11:30 AM EDT

    Blair Jones Getty Images

    He usually gets at least one stint in the NHL per season.

  12. Hoffman files for arbitration after breakout season

    Jul 4, 2015, 10:18 AM EDT

    Mike Hoffman Getty Images

    The two sides reportedly aren’t close to an agreement.

Top 10 NHL Player Searches
  1. Z. Kassian (2544)
  2. S. Voynov (2459)
  3. M. Richards (2443)
  4. B. Saad (2402)
  5. P. Kessel (2325)
  1. B. Richards (2156)
  2. R. O'Reilly (2086)
  3. M. Green (2064)
  4. M. St. Louis (1967)
  5. A. Sekera (1788)