Kings Support NHL's Suspension Of Voynov Rice Files Formal Grievance Against Ravens T.I. Agrees To Help Hawks Move On Franchise Notes Warriors Embrace Heritage, Former Players NHL Takes Swift Action On Voynov NBA Franchise Notes App Review: NHL For iPhone Sources: Islanders Sale Price Was $485M Future Of NHL Panthers Questioned
Upcoming Conferences and Events
ALEXANDER REACHES DEAL FOR OILERS; ANNOUNCEMENT TUESDAY?
Published October 30, 1997
Attorneys for Rockets Owner Les Alexander "have finalized" an agreement to buy the NHL Oilers, a source told Eddie Sefko of the HOUSTON CHRONICLE. A formal announcement will take place in Edmonton, "although probably not until next week." While the deal is complete, Alexander must now begin "the potentially deal-killing exercise of waiting to see if any local investors in Edmonton can step up and pay $70 million for the team" (HOUSTON CHRONICLE, 10/30). The EDMONTON JOURNAL reports Alexander will be in Edmonton next Tuesday for a news conference (EDMONTON JOURNAL, 10/30).