When Tom Dundon became the majority owner of the Carolina Hurricanes in January, it was announced he had bought a 61-percent stake in the team, with the option of buying the remaining 39 percent after three years.
Not announced: Dundon also has the option to sell his 61-percent share after three years and leave, he said Monday.
“We’re not going to do that but it is part of the contract,” Dundon said.
Dundon, a Dallas billionaire, former majority owner Peter Karmanos Jr. would not be forced to sell his share of the team if Dundon decided to pull out.