LATEST | More big news coming off the ice for Nashville
The Nashville Predators are fully focused on their playoff push following a big shootout win against the Calgary Flames on Monday night, but off the ice, it appears that the franchise is on the verge of some massive news.
According to Front Office Sports, the Nashville Predators closing in on being sold to former Tennessee Governor Jimmy Haslam for a price near $880 million USD.
"Former Tennessee governor Bill Haslam is expected to complete his purchase of the NHL team in mid-May. The league's board of governors still has to approve the deal, but the impending purchase values the Predators at $880 million � five times the team's revenue, per Forbes."
Haslam will own 60% of the Predators, which was previously owned by Herb Fritch. The sale will take two years to complete and the 64-year-old won't officially become the majority owner until 2025. Haslam is expected to make four payments over the next three years - one in 2023, one in 2024 and two in 2025.
The news of Nashville's sale comes just over a month following another big off-ice move in the franchise, as David Poile, the only general manager in the 25-year history of the Predators, is retiring and will be replaced with former head coach Barry Trotz in July.
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Will the Predators make the 2023 Stanley Cup Playoffs? | ||
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