Hurricanes sale in NHL Board of Governors' hands, report says – Sporting News

Hurricanes owner Peter Karmanos Jr. and Texas investor Tom Dundon made a presentation Thursday morning to the NHL Board of Governors in West Palm Beach, Fla., and Karmanos told TSN that they hope to have a decision on the sale of the franchise as soon as Thursday afternoon.

Just spoke with Peter Karmanos and new prospective @NHLCanes owner Tom Dundon. They just presented to the Board of Governors and according to Karmanos, they hope to have a decision of the sale of the franchise as soon as this afternoon. #TSNHockey

— Gino Reda (@GinoRedaTSN) December 7, 2017

While Karmanos has insisted the team is staying put, the presentation came the day after Seattle mayor Jenny Durkin signed off on a $660 million plan to renovate KeyArena, describing the project as “the best path forward to … recruit an NHL team,” among other things, the Everett (Wash.) Herald reported.

Working in Raleigh’s favor, at least in the near term: a very friendly arena agreement.

Hurricanes president Don Waddell told The News & Observer last week that Dundon, as well as a group headed by attorney Chuck Greenberg and two other groups had shown serious interest in buying the team. One condition: Relocation of the ‘Canes, Waddell said, was “not an option.”

Still in addition to Seattle, Houston, where new Rockets owner Tilman Fertitta is eager to bring an NHL team to Toyota Center, and Quebec City, which lost out in expansion to Las Vegas, would be other potential landing spots for the Hurricanes, recently valued at $370 million, 27th in the 31-team league.

Dundon is a primary investor in the Top Golf golf/entertainment chain and one of the developers of Trinity Forest Golf Club in southeast Dallas, built specifically to become home to the PGA Tour’s Byron Nelson Classic.

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