JETS DEAL READY TO BE SIGNED -- SHENKAROW LOOKING FOR MORE?
Some close to the Jets negotiations "are concerned" that
Owner Barry Shenkarow may be "trying to put off signing the final
agreement" to sell 42% of the team to a local group "in hopes of
upping the ante," according to this morning's WINNIPEG FREE
PRESS. John Douglas reports that The Spirit of Manitoba, Inc.,
the company created by the Manitoba Entertainment Complex and
other local investors, has met Shenkarow's previous demands, but
that Shenkarow wants "a memorandum of understanding" instead of a
purchase and sale agreement. A source close to the deal told
Douglas "an attempt to raise the price was the only reason he
could think of for the delay" (WINNIPEG FREE PRESS, 5/25).