Jets Stay Put, For Now

Mon., May 22, 1995

Compiled From Wire Services

The prospective buyers of the Winnipeg Jets said their deal to purchase the team fell through and the franchise will stay in Canada for now.

The deal collapsed because current owner Barry Shenkarow may have to repay more than $11.7 million to the citizens of Manitoba if the team moves.

However, Minneapolis businessmen Richard Burke and Steven Gluckstern said they will continue trying to buy the Jets if it turns out the team can be moved.

Even if Denver does not land the Quebec Nordiques, hockey fans in the Mile High City can still take heart because their city is slated to get an expansion franchise in July.

The Denver Post quoted NHL sources as saying the Denver and Atlanta will each be awarded an expansion franchise at league meetings in July.

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Jets Stay Put, For Now

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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