Sales of Blues, Coyotes approved

0 Comments | Philadelphia Daily News, June, 2006

The NHL board of governors approved the sale of the St. Louis Blues yesterday to a group headed by Dave Checketts, former president of Madison Square Garden.

The deal, reached March 24, transfers ownership of the Blues - the league's worst team this season - and the Savvis Center from Bill and Nancy Laurie to Checketts and his Sports Capital Partners and Towerbrook Capital Partners.

The board also approved the sale of the Phoenix Coyotes by Steve Ellman to Jerry Moyes at its annual end-of-season meeting.

"All the sales were approved and things are in a position to continue moving forward toward a closing," commissioner Gary Bettman said.

Noteworthy

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