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REPORT: WATSON/MCNAIR READYING TO PITCH IN FOR NHL OILERS
Published January 6, 1998
Houston business exec Robert McNair and IHL Aeros Owner Chuck Watson "are planning to pitch in" to keep the NHL Oilers in Edmonton, according to Bernard Pilon of the EDMONTON SUN. Watson and McNair are wrapping up a deal where they would make up the difference in what local investors need to buy the team for US$70M. Watson: "That's been the plan all along, but I don't expect any conclusion until mid- to late January." The amount the duo would contribute "isn't known." Watson and McNair "won't wind up owning any part of the team" (EDMONTON SUN, 1/6).