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Throwback Thursday: On this day in 1980, reports surface of Atlanta Flames sale to Calgary

Welcome back to this week’s edition of Throwback Thursday!

On this day in 1980, rumors started to circulate the Atlanta Flames would be sold to Calgary.

In a brief report by the Canadian Press, the sale was believed to be in the negotiation stages.

Sale of the National Hockey League Atlanta Flames to Calgary business interests is in the negotiation stage, The Globe and Mail says. The newspaper says Thomas Cousins, owner of the Flames, is negotiating the $14-million sale of the financially-plagued Atlanta team with Darryl, Donald and Byron Seaman, three Calgary businessmen who are major shareholders in Bow Valley Industries, an oil and gas company worth an estimated $170 million.