An offer from a Minneapolis group headed by businessman Richard Burke was accepted in principle by the owners of the NHL’s Winnipeg Jets.
But a local group believed to involve CanWest-Global TV head Izzy Asper was given until noon Thursday to come up with a deal to keep the team in Winnipeg.
Acceptance of the Minneapolis offer is to become effective Thursday if a local arrangement cannot be made.
An offer to sell majority interest in the Los Angeles Kings has been made to Joseph Cohen and Jeffrey Sudikoff.
Subscribe to the sports newsletter
Get the day’s top sports headlines and breaking news delivered to your inbox by subscribing here.