Penguins sale problems resolved? Not anytime soon
A story in today's Pittsburgh Tribune-Review says the Penguins sale, and subsequently whether the team stays in Pittsburgh, will not be resolved anytime soon.
Questions delay sale of Penguins
As a matter of fact, this article says the team may be taken off the market.
If the current owners, including former team captain Mario Lemieux, cannot reach a sales agreement, they could withdraw their offer to sell the team. That would give them time to resolve questions preventing a sale at a price they want.
Of course, the whole thing hinges on the new arena.
Issues blocking the sale include the asking price -- of around $175 million -- and questions about whether Pittsburgh will get an arena, who would pay for the arena and the potential for relocating the team if there is no arena.
Many of the arena issues could be settled in December, when state gambling regulators are expected to award a slots license for Pittsburgh.
Also today, is a story about how the Mayor may go directly to those bidding on the Penguins to try to get them to accept Plan B by passing the current Penguins' leadership.
Mayor to ask new Pens owners to accept Plan B
He said he had gotten no response from the team to a letter dated Friday, in which he asked it to commit to staying here and to the "Plan B" arena funding blueprint crafted by Gov. Ed Rendell.
Regardless, this situation is not going to be solved any time soon.