Bettman has said the team is not moving. He's also an investor in the Top Golf chain of golf and entertainment facilities and a key financier of a new golf course in Dallas. Karmanos had been publicly seeking a local buyer for at least three years. He acknowledged over the summer that he and a group led by former Texas Rangers CEO Chuck Greenberg had agreed to a term sheet but did not come to terms on a purchase agreement.
Reports about another possible relocation have plagued the Hurricanes even as team officials and Bettman himself have persistently and repeatedly denied them. Bettman said at the All-Star Game in January that "the club is not moving," and NHL deputy commissioner Bill Daly echoed that sentiment by saying the league is committed to Raleigh in the same manner it has stuck with the Phoenix area during years of struggles for the Coyotes.
Karmanos said in that "we'd have to be idiots to move from here," largely because of the team's PNC Arena lease, which extends through and is considered one of the most team-friendly in the league. The Hurricanes have not made the playoffs since -- the longest active drought in the NHL -- and entered Thursday night's game at Washington one point out of a playoff spot and tied for sixth in the Metropolitan Division.
Carolina Hurricanes owner, CEO and governor Tom Dundon purchased the remaining shares of the team and is the full owner, the team announced Wednesday. The Carolina Hurricanes have a sole owner now, as majority owner Tom Dundon completed the purchase of the remaining shares of the franchise, according to a release from the team Wednesday. Dundon, who bought a majority share of the Canes back in January of , now owns percent of the organization, as the NHL Board of Governors voted unanimously to approve the purchase.
Dundon, 49, has been the chief executive officer, owner and governor of the Carolina Hurricanes since acquiring a majority stake in the franchise on Jan.
Karmanos, a Hockey Hall of Fame inductee, relocated the Whalers to North Carolina in and was principal owner and chief executive officer when the team captured the Stanley Cup in Cookie banner We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. By choosing I Accept , you consent to our use of cookies and other tracking technologies.
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