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Denver Nuggets head coach George Karl apparently is not in good position to become part owner of the Pittsburgh Penguins. Karl has been willing to have a 10 percent stake in a group led by Ohio businessman Jim Renacci. But the Pittsburgh Post-Gazette reported the highest bidder among four active groups is one led by Connecticut businessman Samuel Fingold, which has bid about $175 million. The paper reported the group soon could be given exclusive negotiating rights over a 30-day period.
Rocky Mountain News
Rocky Mountain News