The NHL announced on Wednesday that the league's Board of Governors has unanimously approved the sale of the St. Louis Blues to Tom Stillman, a former minority owner in the club. The sale is for $130 million, according to a report from the St. Louis Post-Dispatch.
The Post-Dispatch also reports that Blues great Brett Hull will take a management position under the team's new ownership, and that the sale includes the Blues' AHL affiliate, the Peoria Rivermen, and a large portion of the Peabody Opera House in downtown St. Louis.
Stillman originally became a minority owner of the club in 2007. The CEO of Summit Distributing, a St. Louis-based beer distributor, Stillman played hockey at Middlebury College, where he graduated from in 1974. According to the Post-Dispatch report, Stillman's investment group includes his father-in-law, Sen. John Danforth (R-Mo.) and several other local business leaders.
For more on the sale of the St. Louis Blues, plus even more from the on-ice hockey side of things, check in with Blues blog St. Louis Game Time.