Matt Kartozian-USA TODAY Sports

Greg Jamison to close with NHL; Announce deal at Oilers game Wednesday night

Today will be a very happy day for some and a very sad day for others. If all goes well the Coyotes will celebrate a win tonight with an actual owner.

The days have been hectic of late with no progress at least publicly on the Coyotes sale from the NHL to Greg Jamison’s group of mysterious investors. All that changed in the past 24 hours. What you believe from here on is up to you. A lot of data to decipher.

Rumors and facts are running rampant on social media. Canadians are freaking out as they still hold faint hope they could poach someone’s team. Coyotes fans are sitting on egg shells hoping all the news is true and in fact a deal will be struck before Thursday’s deadline.

This is what we do know: Greg Jamison will make an announcement to reveal the end of this Coyotes ownership saga. If Gary Bettman is indeed on his way to the valley tomorrow around noon then it is unlikely it would be to drop a bomb on and it’s fans.  Rock and Manuch reported based on their sources the Coyotes will stay in Glendale and the deal will close on time. No a guy on twitter with 5 followers is not their source. Mike Sunnucks wrote he had several sources which all but one had them closing on Wednesday night while the other stated early Thursday. My thoughts are they will do it either before or during the Oilers game tonight at 7pm.

Rumors have the Board of Governors meeting to ratify the deal but I’m hearing more details will be finalized this morning. Some notes of contention is the fact Jamison owns part of the San Jose Sharks still. There are rules in place that limits someone from owning (I believe over 10%) so much of more than one team. If this is the case he may have to figure the details to get under the requirement with San Jose. This may have been what has stalled this progress for weeks. When you’re talking of multiple moving pieces and investors it doesn’t happen overnight.

What’s at stake? If Jamison does not close Thursday, the deal in principal will be nullified, and the new Glendale City Council will not extend him and most likely not be willing to make another deal remotely close.

We shall see in about 15 hours. Until then Twitter should be interesting.

Tags: Gary Bettman Greg Jamison NHL Phoenix Coyotes San Jose Sharks

  • biv

    Yotes have never turned a profit. Ever. This makes 0 business sense, especially in the last two games where they can’t even get to 9K attendance. Sure sounds like they care. While YOU, as you read, may be a great fan, not enough people care about hockey in Phoenix. On a weekend or a playoff game, sure. But most of your games come during weekdays and if you can’t draw like the regular playoff contender, division champ, conference runner ups you are, then just relocate this team. Columbus is in the same boat but they can get over 10K. Dallas, Tampa, Florida…all the teams Yotes fans love to bring up are doing great. MOVE THIS TEAM TO SOMEWHERE THAT CARES.

    • biv

      LA Kings came to Glendale and helped fill the arena to 86%. That’s it? On a Saturday night? Columbus, Florida, and Anaheim sell out while Dallas grabs 92% but over 2K more people!

      • George Fallar

        Kings game was sold out, in fact oversold with standing room. You just make numbers up? You must be from Canada.

        • Darryl M.

          Wow. Fallar makes himself look even dumber than usual and tries to make Canadians look bad at same time!!
          Once again, thanks for showing off your impeccable research skills! The Kings game was NOT a sellout!

  • RIV from

    Name me some sources Mr. Baker, or better yet, tell me who Jamison’s investors are and then I’ll believe you.
    Oh, and George Fallar is a total disgrace to us true Coyote fans!

    • RIV from

      “Announce deal at Oilers game Wednesday night”
      Which didn’t happen! Troy Baker, you’re a bigger disgrace to us true Coyote fans than Mike Sunnucks and that is really saying something!

  • seasontixholder

    I’ll believe it when I see it. Considering that Pierre LeBrun was on RDS yesterday and he said that the deal will not go through. Are you people going to believe Mike Sunnocks? Has he ever been right? I like how you say it’s all the Canadians that are excited if they move. They’ll probably move to Seattle anyways.

  • biv

    Wow! More non-yotes fans have commented on this than Yotes fans! really shows you something.

  • Dan

    Well considering ESPN, FSAZ and THN are all saying the deal is dead and never had a chance I find it highly unlikely we’ll hear anything tonight or tomorrow. Jamison is done.

  • plops

    Well no announcement at the game tonight…

    If Jamison had the money, he would have bought the team already. It doesn’t look like it’s going to happen, unless something miraculous happens in the next 24 hours

  • tridus

    So, how did that work out?