Thread: Gallagher: SHHHHH... It's a Conspiracy
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01-08-2010, 04:30 PM
Join Date: Sep 2003
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Originally Posted by BrockH View Post
I thought that the Ice Edge bid was accepted or something to that effect (I know the NHL initially purchase the team after revising their courtroom auction bid, but I thought they since resold the team)? Did I miss something huge with that falling through? Or am I just remembering something that never happened?
A letter of intent was signed with the NHL back in mid-December 2009. However it has yet to be approved by the BOG and there is a little matter of re-negotiation of the lease with the City of Glendale.

In all likelihood it will not be until the summer before things could get to the approval stage. The Ice Edge Group is still pushing for some (5) home games in Saskatoon. A number of NHL owners are quite skeptical and I can see it being a tough sell to the NHLPA who would have to consent.

NHL Deputy Commissioner Bill Daly has said:
"There is no timetable for board consideration or approval at this point."

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