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Blues sale appears to be progressing

"The completion of the Blues' sale to Matthew Hulsizer appears to be progressing, according to those with knowledge of the process, but it will not be presented to the NHL's Board of Governors for approval at the group's meetings today and Tuesday in Pebble Beach, Calif.

An update of the Blues' sale is expected at the meetings, where conference realignment is going to be the main topic of conversation. The league, however, doesn't vote on sales until they're final, and it's believed that there are several details remaining before Hulsizer's deal with the Blues is done.

Hulsizer, who is CEO of Chicago-based financial-services firm PEAK6, signed a purchase agreement to buy the Blues on Oct. 28. If the deal closes, he would become the majority owner, controlling 70 percent of the franchise, while Blues chairman Dave Checketts would hold the remaining 30 percent."


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