Kukla's Korner

Kukla's Korner Hockey

Report- Sale Of The Carolina Hurricanes Will Be Made Official Today, Press Conference Tomorrow

from Luke DeCock and Chip Alexander of the News & Observer,

The sale of the Carolina Hurricanes from Peter Karmanos to Thomas Dundon is scheduled to close this morning, according to several sources with knowledge of the negotiations. A press conference with NHL commissioner Gary Bettman is scheduled for Friday in Raleigh.

The NHL's Board of Governors is prepared to approve the transfer, which will see Dundon purchase more than 51 percent of the team from Karmanos with an option to purchase the remainder in three years, valuing the franchise at about $505 million.


Filed in: NHL Teams, Carolina Hurricanes, | KK Hockey | Permalink


Be the first to comment.

Add a Comment

Please limit embedded image or media size to 575 pixels wide.

Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.

Captchas bug you? Join KK or log in and you won't have to bother.


Notify me of follow-up comments?


Most Recent Blog Posts

About Kukla's Korner Hockey

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.

Email Paul anytime at pk@kuklaskorner.com