05-03-2012, 08:53 AM
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#650
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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Jamison bid to buy Phoenix Coyotes on track, Glendale officials told
http://www.bizjournals.com/phoenix/n...n.html?ana=twt
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.
Four of the council’s seven members are on board with the latest Coyotes plan, according to sources familiar with the situation.
Coyotes deal close to being done
http://www.torontosun.com/2012/05/02...-to-being-done
If the Jamison deal doesn’t fly, there are rumours of second, deep-pocketed group that is interested in the Coyotes, but would want a considerably shorter lease.
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