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Sale talks slow down, but Hurricanes may have three other potential buyers for team

Chip Alexander, The News & Observer (Raleigh, N.C.) on

Published in Hockey

There may be three more potential buyers for the Carolina Hurricanes.

Team president Don Waddell said Wednesday that talks with Texas-based sports attorney Chuck Greenberg have slowed down and that other possible buyers have emerged, including Dallas businessman Tom Dundon.

"The Greenberg thing had been ongoing as we all know," Waddell said. "It has slowed down. We haven't heard back from Chuck in a while. We believe he is actively trying to find investors.

"But there are others groups that have now stepped forward and taking hard looks at the franchise. Obviously, Tom Dundon's name came out today, a Dallas businessperson who has a lot of interest."

Canadian media outlet RDS first reported Wednesday that Dundon may have an interest in either acquiring the team from Canes owner Peter Karmanos Jr. or becoming a partner with Karmanos.

Waddell said Dundon attended one of the Canes' preseason exhibition games this year and has toured PNC Arena. He also said there are two other interested groups in addition to the Greenberg group and Dundon.

 

"All are committed to keeping the team in Raleigh," Waddell said.

Waddell said all interested groups also expressed interest in keeping Karmanos involved with the franchise. He said Karmanos could be a part of the ownership but said whether he would remain majority owner is "yet to be determined."

Waddell said the letter of intent with the Greenberg group was non-binding and had expired.

"If he came back to the table he would be one of the pursuers," Waddell said. "Right now we're meeting with other groups and talking to other people. It's wide open."

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