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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).
