The Malik Report
by George Malik on 05/19/11 at 10:14 PM ET
Wow, per the Globe and Mail’s Stephen Brunt:
An agreement to sell the National Hockey League’s Atlanta Thrashers to a Winnipeg group which plans to relocate the franchise to the Manitoba capital is done.
Sources confirmed tonight that preparations are being made for an announcement Tuesday, confirming the sale and transfer of the Thrashers to True North Sports and Entertainment, which owns and operates the Manitoba Moose of the American Hockey League and the MTS Centre arena, which would become the NHL team’s new home.
Gary Bettman, the commissioner of the National Hockey League, is expected to travel to Winnipeg to make the news official.
As far as I know, the “Moose” would remain in the Eastern Conference for the upcoming season….
Update: TSN’s Darren Dreger says otherwise:
There are still significant issues being negotiated according to Wpg and Atlanta sources. Working on it…but deal is not done. More ahead.
Update #2, at 2:52 AM: The Hockey News’s Ken Campbell says that the NHL and the Thrashers’ owner, Bruce Levenson, are still hung up on who gets what out of the $110 million Thrashers’ asking price and the $60 million relocation fee. Campbell believes that the NHL wants to snag all of the $60 million as essentially a “cash grab” that will negate the $15 million the league is losing on the Coyotes this season.
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