As of 3 p.m. ET on Thursday, the sale of the Phoenix Coyotes to a group headed by Wayne Gretzky and businessman Steve Ellman still hadn't been finalized. According to the league, no timetable had been set for its completion and the further delay was not a major concern.
"They're working hard to get it done," said league vice president of media relations Frank Brown. "They're working on a whole bunch of details attendant to a mulimillion, multi-investor transaction."