Phoenix Coyotes Sale: San Jose Sharks CEO Greg Jamison Close To Deal To Purchase Team, According To Reports

San Jose Sharks CEO Greg Jamison and his group of investors may have finally come through and saved hockey in Glendale.

After the NHL originally denied a report that Jamison's group had purchased the Phoenix Coyotes over the weekend, a report by Mick Sunnucks of Phoenix Business Journal, who broke the news of the Jamison negotiations in August 2011, says that the deal is almost complete.

"The deal still has to go through final approvals and due diligence as well as through the city of Glendale which owns Jobing.com Arena. But Jamison, the NHL and Glendale are close to a final deal, according to sources familiar with the hockey team.

Sunnucks also had this to say.

"Sources familiar with the deal say the deal is not 100 percent complete but said the league is looking to close a deal soon with Jamison. A Coyotes sale would end a three year ownership saga."

If the deal falls through, there is another ownership group lying in the wings waiting for an opportunity, led by Chicago Bulls owner Jerry Reinsdorf and Phoenix attorney John Kaites. Seattle is also a city prime for a team.

As close as this is to being over, there is still plenty to do. Stay tuned...

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Arizona

You must be a member of SB Nation Arizona to participate.

We have our own Community Guidelines at SB Nation Arizona. You should read them.

Join SB Nation Arizona

You must be a member of SB Nation Arizona to participate.

We have our own Community Guidelines at SB Nation Arizona. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.