Karmanos still not sure offer to buy Hurricanes ‘cuts the mustard’


Peter Karmanos is willing to give Chuck Greenberg some time to put his investment group together.

But in an interview with Chip Alexander of the Raleigh News & Observer, Karmanos wanted to be clear that he has not yet agreed to sell the Carolina Hurricanes.

Before a transaction is finalized, there are still a few stumbling blocks to get over.

From Alexander’s conversation with Karmanos:

So there’s still a ways to go before the ‘Canes have a new owner that’s willing to keep the team in Raleigh.

First, Greenberg has to raise the money — and a few weeks ago, it was reported he was “not even close” to doing that.

Then, if Greenberg does manage to pull the funds together, a purchase agreement has to be reached that satisfies both sides.

In other words, a lot could still go wrong in this process.

Fingers crossed, ‘Canes fans.

Related: Forbes calls report of offer to buy Hurricanes ‘bogus’ and ‘fake news’