Oilers Unveil Details Of New Arena District Ravens Partner With Domestic Abuse Center Phillies President Takes Leave Of Absence Devils, 76ers Buy 3D Tech To Help Fan Experience Sportsnet Announces NHL Broadcast Talent Royals' Yost Clarifies Remarks About Crowd NHL Faces Obstacles To Potential Expansion Leiweke Discusses MLSE Exit Franchise Notes Padres Honor Selig With Ceremony, New Plaza
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).