Deals

Greenberg Is Said to Near $500 Million Deal for NHL's Hurricanes

  • Former Texas Rangers CEO will keep club in North Carolina
  • Carolina hockey team is currently owned by Peter Karmanos

Noah Hanifin #5 of the Carolina Hurricanes.

Photographer: Gerry Thomas/NHLI via Getty Images
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Chuck Greenberg, once part-owner and CEO of the Texas Rangers, is close to completing an agreement to buy the National Hockey League’s Carolina Hurricanes for about $500 million, according to people familiar with the deal.

The team will stay in North Carolina. Greenberg will seek to add local investors to the ownership group and plans to split his time between Raleigh and Dallas, said the people, who asked for anonymity because the negotiations are private.