from Mike Sunnucks of the PhoenixBusiness Journal at The Sporting News,

Prospective Phoenix Coyotes buyer Greg Jamison is working out new terms for an arena management deal with Glendale City Manager Horatio Skeete that could see a new agreement and final purchase of the team happen as soon as Friday.

That would keep the team in the Phoenix market and conclude a convoluted three-year process to sell the team. Jamison and Skeete are meeting today and working on a new arena deal after Glendale backpedaled on a 20-year, $300 million arena payment package to the Coyotes suitor.

The deal, if it closes on Friday, would also be wrapped up before the presumed start of the NHL lockout on Saturday. The Coyotes' troubled financial situation is a major argument in favor of expanded revenue sharing, which is a tentpole of the NHLPA's offers.

continued