If the team is sold, it will remain in Raleigh.
As previously reported, it's believed that former Texas Rangers CEO Chuck Greenberg is the one who made a bid to buy the Hurricanes and that offer is reportedly in the $500 million range. Hurricanes owner Peter Karmanos Jr.is evaluating the offer and weighing his options, one of which is to simply retain ownership of the team.
Allen & Co., which has been overseeing the sale process for the team, didn't immediately return phone calls seeking comment.
Reports about possible relocation have plagued the Hurricanes even as team officials and even Commissioner Gary Bettman have persistently and repeatedly denied them.
"There's no imperative for the franchise to be sold on any immediate basis, and the franchise is not moving", Bettman said in January.
In its most recent franchise valuations, Forbes magazine ranked the Hurricanes last in the National Hockey League at $230 million. The city of Las Vegas has got to be the 31st team in the league and the Golden Knights, whose owner Bill Foley, has paid approximately $ 500 million to bring a club in the City of vice, will compete in the first season of their history, starting in October.
The franchise moved to Raleigh, North Carolina from Hartford ahead of the 1997-98 season. They averaged 12,204 at home the year before. The team won the Stanley Cup in 2006, but has made the postseason just once since, in 2009 when Carolina lost in the conference final.