Kukla's Korner

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Report- Coyotes Sale May Be Getting Close

from Mike Sunnucks of the Phoenix Business Journal,

The Glendale City Council has been briefed privately this week on the Phoenix Coyotes sale, including further assurances that a group led by Greg Jamison has the money in place to buy the team and keep hockey in Arizona.

That sets the stage for a possible Glendale council vote next week on an arena lease deal and payments to the Jamison group that could total $17 million next year….

The city deal with Jamison and the National Hockey League   will have to hammer out how much Glendale will pay the new owners to run the arena and whether parking charges will be allowed at Jobing.com Arena….

The NHL is expected to announce soon at least tentative sale terms with Jamison for the Coyotes.

That could set the stage for a quick Glendale vote on its part of the deal. The plan is for a Coyotes vote to be posted by the city on Friday for a Tuesday vote.

read on

Filed in: NHL Teams, d, | KK Hockey | Permalink
 

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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