Prospective Coyotes owner Greg Jamison has until Thursday for his investment group to purchase the Coyotes from the NHL. If he fails to meet that deadline, new Glendale mayor Jerry Weiers won’t offer him an extension on the proposed lease agreement that would involve the city paying Jamison’s group millions annually to manage Jobing.com Arena (per 92.3 KTAR).
“We are not there yet,” Weiers said. “If he doesn’t put the deal together, we won’t go down that road again with him. Obviously, if we can keep the Coyotes here under different circumstances and without that same deal it is certainly something I would like to push forward with.”
Jamison recently stated there would be an announcement regarding the sale of the club “one way or the other” this week.