Phoenix Coyotes, NHL Allow Greg Jamison More Time To Finalize Team Purchase

Potential Phoenix Coyotes buyer Greg Jamison has been given more time to complete his purchase. The NHL extended its lease agreement to manage Glendale, Ariz.'s hockey arena for another month, according to the Arizona Republic.

Jamison already has a deal in place with the city of Glendale, but he is still working to meet the NHL's asking price of about $170 million.

The cloud over the sale of the team has handcuffed front office dealings. Most notably, free agent Shane Doan has said he will wait no longer than Sept. 15, the day the current CBA expires, to find a suitor. Doan would like to stay with Phoenix, but does not want to risk finding out what the new market conditions might look like after a newly negotiated CBA.

For more on the sale situation in Phoenix, stick with our StoryStream and check in with SB Nation Arizona and Coyotes blog Five For Howling.

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