Welcome |Account|Sign Out 
NEW! SIGN IN WITH YOUR SOCIAL PROFILE
OR
Username or EmailPassword
 
2014 NHL Draft
SHARE

Report: Hulsizer signs deal to buy Blues

Friday, 10.28.2011 / 7:15 PM / News

By Louie Korac - NHL.com Correspondent

Share with your Friends


Report: Hulsizer signs deal to buy Blues
According to the St. Louis Post-Dispatch, Matthew Hulsizer has signed a purchase agreement to buy the Blues, a deal that includes the lease to Scottrade Center, plus the purchase of the American Hockey League's Peoria Rivermen.
ST. LOUIS -- The sale of the St. Louis Blues appears to be progressing.

According to the St. Louis Post-Dispatch, Matthew Hulsizer has signed a purchase agreement to buy the Blues, a deal that includes the lease to Scottrade Center, plus the purchase of the American Hockey League's Peoria Rivermen.

The agreement still needs NHL approval. Hulsizer, the co-founder and CEO of PEAK6 Investments, had already received League approval to purchase the Phoenix Coyotes in 2010.

The purchase percentage Hulsizer would buy from current owner Dave Checketts is unclear, but it's expected to be a majority stake.

Sources indicated previously that the price range is in the neighborhood of $190 million.

The Blues have been for sale since Checketts and his company, SCP Worldwide, put the team on the market in March.
Quote of the Day

They said, 'You're going to love the city. It's smaller than Philadelphia, but you're going to love it. You're going to love the fans. Just watching the playoffs last year, the fans seemed louder there than they did anywhere. I'm really excited about that.

— Forward Scott Hartnell on his upcoming season with the Columbus Blue Jackets