Jan 7, 2013, 4:12 PM EST
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.
- ‘We can build on this': Devils lose with Lou Lamoriello behind the bench 1
- Video: Nyquist scores OT winner on incredible individual effort 3
- Video: Ovechkin crushes Letang, Capitals cruise by the Penguins 4
- Video: Prout, Lucic drop the gloves in highly anticipated scrap 55
- Video: NHL on NBC panel breaks down the coaching situation in New Jersey 2
- Lou Lamoriello unveils highly unorthodox coaching plan 37
- NHL on NBCSN: Sharks, Kings renew hostilities 3
- NHL on NBCSN: Can Capitals take advantage of depleted Penguins? 2
- Team Canada crushes Slovakia 14
- Criticism spreads to GM Lou Lamoriello after Devils fire DeBoer 10
- Sabres aren’t happy with league’s decision regarding Bartkowski (76)
- Video: Prout, Lucic drop the gloves in highly anticipated scrap (57)
- Report: NHL won’t hold hearing for Bartkowski hit (55)
- Video: Bartkowski delivers controversial hit to Gionta, fights Foligno (47)
- Could Malkin be the next player to be fined for diving? (43)