from Mike Sunnucks of the Phoenix Business Journal at The Sporting News,
Prospective Phoenix Coyotes buyer Greg Jamison has until Thursday purchase the hockey team from the NHL.
Otherwise time runs out on the latest city of Glendale arena deal that helps Jamison’s group buy the Coyotes.
Glendale approved a $308 million arena deal in November. Jamison has until Jan. 31 to buy the Coyotes from the NHL otherwise the city deal and money goes away.
Jamison continues to be very private about whether he has the money to close the deal and where the money is coming from to buy the team.
That has always been the problem with trying to close the Coyotes deal and keep them here. The money, financing and investors have not yet come together to close a deal.