Originally written on Pro Sports Daily  |  Last updated 2/1/13
After prospective Phoenix Coyotes owner Greg Jamison missed a deadline late Thursday to purchase the team, the NHL is optimistic that an agreement can be reached in the near future. "We remain hopeful the Coyotes' sale process will be resolved successfully and we will continue to work with the city of Glendale to move the process forward," NHL deputy commissioner Bill Daly said in a statement Friday. "Mr. Jamison will continue to work with the NHL and the city of Glendale to close a deal that will keep the Coyotes in the Valley." In the meantime, the NHL will maintain ownership of the team. "Although there is no set timetable, hopefully it will be soon," Coyotes president and COO Mike Nealy said. Jamison had until midnight Thursday to close a deal with Glendale or the city would rescind its lease agreement with Jamison for Jobing.com Arena, where the Coyotes play. Sources indicated that Jamison was unable to raise the money to meet the NHL’s demand of $170 million to purchas...
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