Hurricanes owner confirms he received offer to sell

Ex-MLB owner close to buying NHL's Hurricanes

In January, ownership of the NHL's Carolina Hurricanes made it known that the team could be had for the right price. As time passed, reports emerged that he'd be willing to sell, even if the team was relocated.

Karmanos, who moved the franchise from Hartford in 1997, has guaranteed that "the Hurricanes will not become the Nordiques".

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Bloomberg's Scott Soshnick reported Greenberg paid approximately $500 million to buy the Hurricanes from Peter Karmanos Jr. He also owns three minor-league baseball teams, including one in Myrtle Beach, S.C., and the Frisco RoughRiders. It's also more than double Forbes' recent estimate of the team's value - $230 million, least among USA hockey teams. In Forbes' most recent list of valuations, the Hurricanes were valued at around $230 million, which was the lowest valuation of any American team now in the National Hockey League. This would ensure more money goes into the organization, and would be a good way to make the Hurricanes more attached to Raleigh, North Carolina.

The best way to improve those numbers, of course, is with a winning team - and it's been a while since Carolina had one. But as two conference championships and a Stanley Cup win in 2006 will attest, it is possible to have a championship caliber team in Carolina.

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