Kukla's Korner Hockey
by Alanah McGinley on 06/21/11 at 05:20 PM ET
From Chris Vivlamore of the AJC (Tweet):
It’s official. NHL Board of Governors approves sale and relocation of #Thrashers.
Update 3:33pm ET: From TSN—
The NHL is officially returning to Winnipeg. The league’s Board of Governors approved the sale of the Atlanta Thrashers to True North Sports and Entertainment of Winnipeg on Tuesday.
Fifteen years after the Winnipeg Jets moved to Phoenix, the two sides came to an agreement on May 31 and the first step to move the Thrashers North was taken, pending Tuesday’s approval.
The franchise price is $170 million, which includes a relocation fee of $60 million. As determined by the league’s Board of Governors, the relocation fee will be distributed among the other 29 teams.
Statement from Gary Bettman:
“We deeply regret that Atlanta’s ownership was unable to secure local partners after exhausting every option and alternative. At the same time, we are delighted that NHL hockey is returning to Winnipeg and to a fan-base that already is showing so much support for its team. We congratulate Mark Chipman, David Thomson and True North on their patience, their preparation and their professionalism, and we look forward to the start of a new era for the franchise.”
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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