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Karmanos seeking new minority owner of 'Canes

NHL.com @NHL

RALEIGH, N.C. (AP) -Carolina Hurricanes owner Peter Karmanos Jr. says he has hired an investment bank to help him find a minority partner.

Karmanos issued a statement Monday confirming the hiring of Allen & Co. but said "the intent is in no way to sell the team."

He says he has been exploring options for finding a minority partner since general partner Thomas Thewes died in 2008, and said Allen & Co. was hired "to assist us with the process."

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