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DONE DEAL FOR NORDS IN DENVER, PROVIDED THEY LEAVE QUEBEC
Published April 19, 1995
Comsat has negotiated a deal to buy the Nordiques for $75M should the team leave Quebec, according to sources close to the deal cited in yesterday's ROCKY MOUNTAIN NEWS. Although Comsat President Charlie Lyons would not comment on the deal, sources said it "had been completed in principle" and Comsat must now "await results of talks between the Quebec government and the Nordiques." Quebec Premier Jacques Parizeau announced last week that his adminstration would make recommendations on financing a new arena by mid-May -- about the time a final contract and plans for Denver's new Pepsi Center go before the Denver City Council (Curtis Eichelberger, ROCKY MOUNTAIN NEWS, 4/18).