The Carolina Hurricanes will soon have a new majority owner.
Tom Dundon, a Dallas businessman, has signed a purchase agreement to buy a controlling interest in the team from Peter Karmanos Jr., NHL commissioner Gary Bettman said Thursday. Bettman said the agreement was signed Wednesday night.
Bettman said the transaction was not completed but could be in the next few weeks. Bettman also said the team would remain in Raleigh.
Dundon, 45, and Karmanos appeared Thursday before the NHL board of governors executive committee at Manalapan, Fla., to discuss the pending sale. A vote of the board is required for any change in ownership.