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Reports: Carolina Hurricanes’ Proposed Sale to Chuck Greenberg Teetering on the Brink

It isn’t dead yet, but the proposed sale of the Carolina Hurricanes to Chuck Greenberg is seemingly on life support.

WRAL’s Jeff Gravley and Chip Alexander of the News and Observer both reported last night that negotiations between Greenberg and Canes owner Peter Karmanos have “hit a snag,” indicating that the deal announced in July for an investment group headed by Greenberg to purchase the Hurricanes may not go through after all. Sources to both reporters indicated that a tweet from a Forbes reporter yesterday saying that the deal was off, however, was inaccurate.