Just more than a year ago, the Charlotte Checkers' move to the AHL and affiliation with the Carolina Hurricanes was in its infancy. Those ties just became even stronger. Michael Kahn, the Checkers' owner and governor, was announced Thursday as an ownership partner of the Hurricanes by Canes CEO Peter Karmanos Jr.
Karmanos Jr. has been actively pursuing minority partners since at least February when it was reported that he was seeking 20 to 30 investors to buy stakes of about $2 million to own a share of the Hurricanes. In late July those numbers changed, with Karmanos Jr. telling Triangle Business Journal he was pursuing 10 to 15 investors who would invest between $1 million to $5 million for a collective ownership stake of 20 to 25 percent of the club.
Kahn, who spoke to Canes Country in February 2010 when it was announced he was buying the AHL's Albany franchise and relocating it to Charlotte to replace the same-named ECHL Checkers with an American Hockey League affiliate, is the first investor, though there is no word yet as to how much his investment is or what his stake in the team will be.
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This point has been edited by Caniac59: 20 November 2012 - 11:58 AM