AP Source: Announcement expected on Coyotes sale

Associated Press  |  Last updated May 07, 2012
A person with knowledge of the situation says a tentative deal by the NHL to sell the Phoenix Coyotes to former San Jose Sharks CEO Greg Jamison is expected to be announced before Monday night's playoff game against the Nashville Predators. The person spoke on the condition of anonymity because there has been no official scheduling of such an announcement. A second person with knowledge of the deal, who also asked not to be identified, confirmed that NHL Commissioner Gary Bettman would be in Glendale for a series of meetings Monday but said it was unclear if there would be a formal announcement. Jamison still must complete negotiations on a lease with the city of Glendale, always the nagging issue in the league's attempts to sell the team, which the NHL purchased out of bankruptcy.
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