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.
Apr 18, 2015, 7:33 PM EDT
Can the Penguins and Jets even things up?
Apr 18, 2015, 7:01 PM EDT
Not wasting any time.
Apr 18, 2015, 6:30 PM EDT
This series is all tied up at 1-1.
Apr 18, 2015, 6:06 PM EDT
Mrazek pulled after two periods.
Apr 18, 2015, 5:44 PM EDT
Deryk Engelland’s game misconduct for instigating was rescinded.
Apr 18, 2015, 5:15 PM EDT
Enter Jimmy Howard.
Apr 18, 2015, 4:23 PM EDT
He has his first two of these playoffs.
Apr 18, 2015, 4:13 PM EDT
Congrats to Pullar Stadium and War Memorial Arena.
Apr 18, 2015, 4:13 PM EDT
Congrats to Decatur and St. Michael-Albertville.
Apr 18, 2015, 4:10 PM EDT
Both will look to give their respective team a 2-1 series lead.
Apr 18, 2015, 3:07 PM EDT
He made 42 saves in Chicago’s Game 1 win.
Apr 18, 2015, 2:48 PM EDT
Puck drop for both games is at 3 p.m. ET.
Apr 18, 2015, 2:25 PM EDT
He won’t play Games 3 and 4.
Apr 18, 2015, 1:05 PM EDT
He could be suspended for Game 3.
Apr 18, 2015, 12:50 PM EDT
Neither will play Game 2 tonight.
Apr 18, 2015, 11:25 AM EDT
He received an instigator penalty late in Game 2.
Apr 18, 2015, 11:05 AM EDT
He’s been out since mid-March with an arm injury.
Apr 18, 2015, 9:51 AM EDT
Tampa Bay looks to avoid a sixth straight postseason loss.
Apr 18, 2015, 1:36 AM EDT
Another rough go for Crow.
Apr 18, 2015, 1:15 AM EDT
Crazy finish at Rogers Arena.
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