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News / Sports

Thrashers’ deal with True North still not complete

The Columbian
Published: May 25, 2011, 5:00pm

ATLANTA (AP) — The Atlanta Thrashers’ owners and Winnipeg’s True North Sports and Entertainment are still working through complex legal details on the sale and relocation of the team.

One of the Thrashers’ lead owners, Michael Gearon Jr., told The Associated Press Thursday “nothing has been done yet.”

True North would relocate the team to Winnipeg if a deal is completed. It reportedly has agreed to pay $110 million for the team and another $60 million to the NHL as a relocation fee.

NHL Commissioner Gary Bettman has said time is a factor if the team is to make the move for the 2011-12 season.

Even if an agreement has been finalized, it likely would not be announced on Friday, when Boston and Tampa Bay play Game 7 of the Eastern Conference finals.

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