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. Agent: Kruger ‘will be patient’ with Chicago’s cap situation

    Jul 28, 2015, 9:00 AM EDT

    Marcus Kruger Getty Images

    25-year-old didn’t file for arbitration, hoping instead to sign a long-term contract.

  2. Report: Antropov mulling NHL return

    Jul 27, 2015, 9:29 PM EDT

    Nik Antropov Getty Images

    But are any teams mulling his return?

  3. Mayers returning to ‘Hawks in front office role

    Jul 27, 2015, 8:21 PM EDT

    jamalmayersgetty Getty Images

    Where he’ll work as a community liaison.

  4. ‘I don’t want to play in the AHL next year,’ says Detroit’s Callahan

    Jul 27, 2015, 6:21 PM EDT

    MitchCallahan Getty Images

    24-year-old forward would require waivers to be sent down…

  5. Still unsigned, Briere contemplating retirement

    Jul 27, 2015, 5:22 PM EDT

    Vancouver Canucks v Colorado Avalanche Vancouver Canucks v Colorado Avalanche

    “I’ll have to start thinking about it more and more in the next couple of weeks.”

  6. Avs ink former first-rounder Hishon to one-year deal

    Jul 27, 2015, 3:26 PM EDT

    Hishon2 Getty Images

    Looking to become a full-time NHLer after suffering a series of injuries at the start his pro career.

  7. Devils GM: Larsson has ‘only scratched the surface’ of his potential

    Jul 27, 2015, 10:00 AM EDT

    Adam Larsson AP

    He calls it the six-year, $25 million contract “good for both sides.”

  8. Soderberg didn’t hesitate in signing with Avs

    Jul 26, 2015, 9:57 PM EDT

    Boston Bruins v Detroit Red Wings Getty Images

    Playing between Gabriel Landeskog and Nathan MacKinnon would excite plenty of people.

  9. Gionta: Sabres’ offseason ‘excites guys in the locker room’

    Jul 26, 2015, 8:50 PM EDT

    Andrej Meszaros, Rasmus Ristolainen, Brian Gionta AP

    Holdovers are noticing a summer of improvements for Buffalo.

Top 10 NHL Player Searches
  1. B. Holtby (2727)
  2. G. Bettman (2315)
  3. A. Larsson (2192)
  4. D. Stepan (1935)
  5. C. Ehrhoff (1623)
  1. P. Datsyuk (1549)
  2. A. Semin (1529)
  3. R. Johansen (1524)
  4. C. Smith (1500)
  5. A. Anisimov (1483)