UPDATE 6:10 pm Statement from David Freeman Another investor in the mix with the local group as negotiations with the city continue as Nashville Predators owner Craig Leipold will likely grant the local group more time to strike a deal with the city
The local group needs a decision today or tomorrow to be ready for Monday's meeting with the NHL
Local group trying to buy the team has had formal discussions with a national arena management company that could bring more concerts, advertising and corporate sponsorships
Local group is still working with the mayor, tweaking a proposal that has a little room for give
Group drops direct subsidy and adds incentives on itself to keep team here
Group hopes to have more information on impact of Sommet Center and the Nashville Predators when it goes to new mayor seeking to renegotiate the arena lease
Closing sale still contingent on renegotiating lease on Sommet Center
Local bidders enter binding agreement for $193 million purchase of the Nashville Predators, arena lease still up in air
David Freeman, the lead businessman in buying the Predators, never has owned Predators season tickets but saw buying the team as a civic endeavor
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