News broke last night from Chip Alexander and Luke DeCock at the News and Observer that attorneys for both Peter Karmanos and Chuck Greenberg have received a proposed sale agreement for Greenberg’s purchase of the Carolina Hurricanes and are now reviewing it. Additionally, the N&O reports that Centennial Authority chairman Tom McCormick met informally with Greenberg yesterday, in what was described as a “chat” by McCormick.
Since a binding purchase contract still has not been signed, the article notes that another potential buyer could still parachute into the process, but it certainly appears, based on what we know now, that Greenberg’s bid for the Hurricanes is at an advanced stage.