True North Sports Officially Buys Thrashers, Will Move Team To Winnipeg
After two weeks of constant rumors and reports that a deal had been completed, the NHL, True North Sports, and Atlanta Spirit Group have announced that the sale of the Atlanta Thrashers is complete, and that True North Sports will move the team to Winnipeg for the 2011-12 season. The cost of the deal is rumored to be $110 million for the team and a $60 million relocation fee that is paid to the NHL. Atlanta will lose its second NHL franchise in the last thirty years. The NHL will be back in Winnipeg for the first time since the 1996-97 season. The sale and relocation are all dependent on a vote by the NHL Board of Governors on June 21.
Bryan Vickroy
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