Jim Balsillie will become the new owner of the Preds June 30th. Pending approval by the NHL Board of Governer, current owner Craig Leipold has sold the team to Balsillie for $220 million dollars. Included in the agreement is a clause which does not allow Balsillie to move the team for a minimum of 7 years as long as the city and team continue their lease agreement. For more info on the lease agreement go here:
http://www.tsn.ca/nhl/news_story/?ID=208704&hubname=nhl
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