Jan 30, 2013, 9:01 PM EDT
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.
Mar 12, 2014, 11:43 AM EDT
“I am not going to comment on specific things about John. It is unfair to him.”
Mar 12, 2014, 11:18 AM EDT
How has Colorado done it?
Mar 12, 2014, 11:00 AM EDT
Now the man in charge of Southampton F.C.
Mar 12, 2014, 10:36 AM EDT
The feat comes during one of the toughest stretches of his career, though.
Mar 12, 2014, 10:03 AM EDT
He was injured against Florida on Sunday.
Mar 12, 2014, 9:28 AM EDT
The Habs have five straight wins against Boston.
Mar 12, 2014, 8:15 AM EDT
That and the rest of the links to start your day ahead.
Mar 12, 2014, 1:21 AM EDT
He received a minor penalty for the hit.
Mar 12, 2014, 1:04 AM EDT
JVR seems OK, though.
Mar 11, 2014, 11:48 PM EDT
Dallas moves into the second wild card spot for now.
Mar 11, 2014, 11:26 PM EDT
The San Jose Sharks aren’t happy about their game, either.
Mar 11, 2014, 10:52 PM EDT
And an interesting one overall for the East.
Mar 11, 2014, 10:25 PM EDT
Another memorable save for the icon.
Mar 11, 2014, 10:07 PM EDT
That’s eight in a row for Pittsburgh between these two teams.
Mar 11, 2014, 9:11 PM EDT
The contest featured his former team the Saginaw Spirit.
Mar 11, 2014, 8:33 PM EDT
The 20-year-old had been missing since March 3.
Mar 11, 2014, 7:49 PM EDT
On the bright side, there’s the Batmobile.
Mar 11, 2014, 7:19 PM EDT
The Pens have won seven in a row vs. Washington, including Monday.
Mar 11, 2014, 5:33 PM EDT
Because there’s a really good chance they will.
Mar 11, 2014, 4:56 PM EDT
Big development for the ‘Hawks.
- Gillis won’t say if Tortorella’s lost Canucks room 0
- Stars win one night after Peverley collapse, give Miller first Blues loss 4
- Crosby, Pens continue recent dominance of Ovechkin, Caps 28
- Terry Trafford’s body found in Michigan on Tuesday 8
- PHT Extra: What happens if the Caps miss the playoffs? 18
- Wings can’t afford regulation loss to Jackets 6
- ‘It’s obvious Tortorella can’t come back next year,’ writes Vancouver reporter 60
- 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
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Chiasson ‘shaken up’ by Peverley incident, won’t dress for Stars tonight (72)
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack (71)
- ‘It’s obvious Tortorella can’t come back next year,’ writes Vancouver reporter (60)