via Chip Alexander tweets,

Karmanos says 11 or 12 groups have expressed interest in buying team. He says he's allowing Chuck Greenberg time to put together his group.

Karmanos: "Once (Greenberg) has done that we'll examine whether his offer cuts the mustard." Says he likes Greenberg.

Karmanos says sales price may "shake out" to between $450 million and $500 million. Adds, "If I have to go back, the price is going up."

Karmanos says if he has to wait, the price may rise to $550 million or $600 million, noting if Canes have successful season value increases.