The New Jersey Devils are for sale and a deal is anticipated earlier than the start of the NHL season.
A man or woman familiar with the negotiations says numerous agencies are vying to buy the financially strapped franchise and there is a chance a deal might be executed fast.
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The source spoke to The Associated Press Thursday and asked anonymity due to the fact the negotiations between Devils owner Jeff Vanderbeek and the organizations are nonetheless active.
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Philadelphia 76ers owner Josh Harris heads one group and Calgary billionaire Bill Gallacher is some other, as the deal includes operating rights to the Prudential Center.
The group will not relocate, the supply said, including that Vanberbeek will maintain a minority possession with the Devils.