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Saturday, May 10, 2008

Journal Star: Rivermen sold to Blues

The Peoria Journal Star reports that a co-owner of the Peoria Rivermen predicts the sale of the team to the owner of the St. Louis Blues will be announced within two weeks. “We have reached a verbal agreement,” Bruce Saurs told the Journal Star.

“There’s no doubt they intend to keep it in Peoria for a long time to come,” Saurs is reported as saying. The Journal Star says the offer was about $3.5 million, including the share owned by Anne Griffith. The Rivermen have an agreement to stay in Peoria’s Civic Center through the 2009-10 campaign with five year option to continue. Saurs, 81, is to remain in Peoria for the Blues fronting the organization.

The story, by Dave Eminian, says the process picked up speed when the Anaheim Ducks made an offer to purchase the team in March. However, Anaheim would have moved the team, according to Eminian.

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