The Carolina Hurricanes franchise will be under new ownership in the very near future, as it was revealed on Thursday by National Hockey League commissioner Gary Bettman that Dallas businessman Tom Dundon has signed an agreement to become the majority owner of the franchise. "The Hurricanes are a team on the rise, and I believe we have an opportunity to take the franchise to the next level".
"I want to address one manor about as crystal clear and as absolute terms as I can: Tom Dundon is buying his interest in the Hurricanes to have the Hurricanes in Carolina", Bettman said. At the time of the purchase, a commitment was made to keep the team in Hartford for at least four years, but the franchise would be moved to Raleigh, N.C., following the 1996-97 season.
With Dundon being based in Dallas, questions arose as to whether or not a sale could set things in motion with regards to the Hurricanes being relocated.
"Tom has had tremendous success in business, and I fully expect that to continue as he takes control of the Hurricanes", Karmanos said in a statement. "I look forward to working with him and bringing another Stanley Cup to North Carolina". "He's buying the club to have it in Carolina". I want to be crystal clear on this because it's really not fair to the players, the fans or anybody in the [Research] Triangle that this rumour has started.
Peter Karmanos Jr. will remain on board as a minority owner, with he and Dundon making a presentation to executive committee of the NHL's Board of Governors Thursday morning.
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