Chuck Greenberg, the former co-owner and CEO of the Texas Rangers, is close to purchasing the NHL’s Carolina Hurricanes for about $500 million, according to multiple reports.
Bloomberg News, which reported the sales price, also said that Greenberg intends to keep the team in North Carolina.
Hurricanes spokesman Mike Sundheim said in a statement that owner Peter Karmanos Jr. is deciding whether to accept an offer for the franchise or remain the owner, but he declined to say who made the offer.
Karmanos bought the Hartford Whalers franchise in 1994 and moved it to North Carolina three years later.