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07-26-2010, 10:39 PM
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Originally Posted by Running Riot View Post
^To add to that,

Why exactly is the timeline tight? Don't they have until December 31st to complete the deal?
The timeline is very tight because there are a lot of negotiations required for any new ownership group. Besides, I think that Glendale city council will do any and everything to avoid the nightmare scenario... spending $25 million on a lame-duck season. If they can't get an owner to keep the team, they will be trying to work something out with the NHL vis-a-vis relocation that will minimize their expenses.

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