May 7, 2012; Glendale, AZ, USA; Greg Jamison speaks at a press conference regarding the potential sale of the Phoenix Coyotes to the Jamison Group prior to game five of the 2012 Western Conference semifinals at Jobing.com Arena. Mandatory Credit: Matt Kartozian-US PRESSWIRE
The Phoenix Coyotes have been sold to Greg Jamison according to sources.
At this point we do not have a definitive time table, although we have heard that the announcement won't be made until later, probably closer to the Coyotes training camp. Additionally, another close source has said that the "Coyotes weren't going anywhere," and if you were waiting to buy a new Yotes sweater you won't have to wait long.
Multiple sources have recently reported that Jamison has secured the necessary finances to purchase the team. On Wednesday, the Sporting News reported that Jamison finalized a group of partners to buy the franchise. Jamison's group has been attempting to buy the Coyotes since last year. A sale to Jamison would prevent relocation and keep the franchise in Phoenix to the delight of Coyotes fans.
No official announcement from the Coyotes organization has been made yet.
For more news and analysis on the sale, head over to Five For Howling.