Jan 30, 2013, 9:01 PM EST
One prominent report asserts that Greg Jamison will close on the Phoenix Coyotes sale by Thursday’s friendly lease agreement deadline, but ESPN’s Scott Burnside quotes multiple sources who believe that he can’t raise the capital needed to do so.
That could lead to Jamison being ousted from the deal-making altogether, with a new group of investors reportedly primed to step in, according to Burnside.
New Glendale mayor Jerry Weiers has stated that he won’t extend the offered lease agreement* beyond tomorrow’s midnight deadline, opening the door for that new group to possibly discuss a revised agreement.
The new ownership group, which, according to sources, has arranged for financing that would allow for the purchase of the team from the league at a reported price of $170 million, is hoping to discuss parameters for a new lease agreement in the next few days, perhaps as early as Thursday.
Burnside notes that Weiers would likely ask for a lease agreement that’s more beneficial to Glendale than the one on the table for Jamison right now.
The NHL offered a vague reaction to the latest proceedings.
“It’s still a work in progress, and we’ll see how the week plays out,” NHL deputy commissioner Bill Daly told ESPN.com on Wednesday morning.
It’s been a lengthy process, but Burnside reports that relocation would be the likely result if Glendale cannot work something out with Jamison or the new group. To paraphrase Daly, we’ll need to wait and see what happens, with tomorrow potentially carrying big news.
* – Weiers wasn’t on the city council at the time it was made.
Dec 22, 2014, 12:16 AM EST
He’s the oldest goalie to win his debut since Hugh Lehman in 1926.
Dec 21, 2014, 10:38 PM EST
Buffalo suffered its third straight loss.
Dec 21, 2014, 10:07 PM EST
Toronto has lost three straight games.
Dec 21, 2014, 9:42 PM EST
Will this be the worst season Edmonton has ever had?
Dec 21, 2014, 9:09 PM EST
Varlamov is expected to be back on Tuesday.
Dec 21, 2014, 8:17 PM EST
Bartkowski received a game misconduct.
Dec 21, 2014, 7:39 PM EST
The Stars swapping goaltenders didn’t slow Edmonton.
Dec 21, 2014, 6:48 PM EST
He had been playing with Patrick Kane and Kris Versteeg.
Dec 21, 2014, 5:56 PM EST
The Hurricanes are getting close to full strength.
Dec 21, 2014, 5:00 PM EST
Will Calvin Pickard be sent to the minors once Varlamov is healthy?
Dec 21, 2014, 3:45 PM EST
Rob Zepp makes NHL debut
Dec 21, 2014, 3:00 PM EST
Collapsed on the team’s bench Saturday night.
Dec 21, 2014, 2:15 PM EST
Was fired by the Oilers Dec. 15.
Dec 21, 2014, 1:30 PM EST
The 33-year-old was recalled Friday.
Dec 21, 2014, 12:45 PM EST
The Penguins forward was penalized twice for embellishment on Saturday.
Dec 21, 2014, 12:00 PM EST
Torrey Mitchell and Tyson Strachan have been placed on IR
Dec 21, 2014, 11:15 AM EST
They’re not impressed with how Bylsma and his staff were treated.
Dec 21, 2014, 10:30 AM EST
He called it “no big deal”
Dec 21, 2014, 9:45 AM EST
Had just one goal in eight games prior to the injury.
Dec 21, 2014, 1:18 AM EST
Christopher Tanev scored the overtime winner on his birthday.
- Flyers rally as Zepp wins his career debut at 33 years old 0
- Oilers squander three-goal lead, lose 18th time in 19 games 7
- Pickard makes one last bid to stay, beats Wings in nine-round SO 1
- Video: Bartkowski delivers controversial hit to Gionta, fights Foligno 24
- Giroux line takes Leafs ‘to school’ in Flyers’ 7-4 victory 17
- Wolverine Pacioretty gets two assists just two days after being hospitalized 18
- Ovechkin scores beauty as Caps shutout Devils 8
- Seriously? Stress fracture sidelines Columbus’ Jenner for 1-2 months 6
- Julien chides Bruins’ offense for too many cute plays 40
- Sens roll over Ducks, who ‘weren’t ready’ 11