"An announcement of a deal between the local investors group trying to buy the Nashville Predators and Metro is expected at 3 p.m. today at the Sommet Center but only if the “term sheet” is signed by noon or 1 p.m." (emphasis mine)
So no deal today, I'm sorry to say. The local group has agreed to the main elements of the Dean proposal, but is still working through the minor details.
ORIGINAL POST FOLLOWS:
At long last, it appears that the local investment group seeking to buy the Nashville Predators has struck a deal with the mayor of
The Deal is Done!
The deal still needs to be ratified by the Metro Sports Authority and Metro Council before the sale would go before the NHL Board of Governors, but those steps should be relative formalities as Dean has been in contact with these parties throughout the negotiation.
For all of us here in
Either way, it’s good to be able to report some progress on this front. Rumor and speculation has gone in various directions for the last few weeks, and I’d decided to hold off on writing anything about this until something tangible had taken place.