After a full day of reporting, there is little new on the sale and relocation of the Thrashers to Winnipeg.
According to multiple sources, the deal between the Atlanta Spirit and True North Sports and Entertainment has not been completed. There are still details to work out. I have also been told by multiple sources that it is “unlikely” a deal will be agreed upon in time for an announcement Thursday.
Of the minor details that still need to be worked out, the sale price is not one of them. The terms remain $170 million with the Atlanta Spirit getting $110 million and the NHL getting $60 million as a relocation fee.
Once the final details are finalized, all that really needs to be done is the official announcement that an agreement of sale has been reached.
I will provide updates if there are any new developments.