The NHL has approved the sale of the Coyotes to a group of Canadian-led investors, but the deal is contingent on reaching a lease agreement with the city of Glendale, according to an ESPN.com report on Saturday.
The NHL agreed to sell the team to Renaissance Sports & Entertainment, a group headed by George Gosbee, Anthony LeBlanc and Daryl Jones, according to the people, who spoke on condition of anonymity because there had been no official announcement.
They said commissioner Gary Bettman, deputy commissioner Bill Daly and the prospective buyers will meet with Glendale officials on Tuesday for talks on a lease.
Via ESPN.com