Jan 7, 2013, 4:12 PM EDT
Almost immediately after a tentative CBA was reached Sunday, it was reported that Greg Jamison’s investment group was on the verge of announcing that it had finally purchased the Phoenix Coyotes from the NHL.
Today, deputy commissioner Bill Daly told TVA Sports that the league still expected the deal to close by the end of the month and that a sale price had been agreed on.
But as we’ve said numerous times throughout this saga, nothing’s done until it’s done. And according to the Phoenix Business Journal, Jamison is still pulling together the required funds.
That includes some possible financing help from the National Hockey League, which has owned the Coyotes since 2009, according to officials familiar with the potential sale.
If Jamison ends up closing (with a loan from the NHL or however), it will be interesting to see if the Coyotes can make a go of it in the desert. The new CBA will help challenged markets, but even with a smaller cut of revenues going to the players and increased revenue sharing, the rich clubs could still drag teams like the Coyotes into a game they can’t afford to play.
- Stars win one night after Peverley collapse, give Miller first Blues loss 3
- Crosby, Pens continue recent dominance of Ovechkin, Caps 19
- Terry Trafford’s body found in Michigan on Tuesday 8
- PHT Extra: What happens if the Caps miss the playoffs? 17
- Wings can’t afford regulation loss to Jackets 6
- ‘It’s obvious Tortorella can’t come back next year,’ writes Vancouver reporter 57
- NHL on NBCSN: Capitals fight to earn first win vs. Penguins in 26 months 11
- Vanquished: Isles stun Canucks with seven-goal third period 27
- Peverley asked to return to game following ‘cardiac event’ 23
- Peverley hospitalized, conscious after collapsing on Stars bench (Update) 19
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack (71)
- Chiasson ‘shaken up’ by Peverley incident, won’t dress for Stars tonight (69)
- Flyers’ Luke Schenn on first-period brawl: ‘That’s the way it goes’ (57)