Nashville, Predators Investor Group Agree on New Arena Lease

Looks like the mayor's office and the group of investors trying to keep the Predators in Nashville have come to terms. Here's the Full Statement From David Freeman of the local investor group:

Nov 16, 2007 04:09 PM CST

"We are excited to reach an agreement with the Mayor's Office on lease changes to keep the Predators in Nashville under local ownership. We are very appreciative of Mayor Dean for getting this done amid the many priorities he has as the new mayor of our city. He obviously has a strong desire for this hockey team to remain in Nashville.

We also appreciate the Mayor's staff who worked tirelessly with us to get this done. Most of all, we are excited for the city and the fans who will enjoy many more years of Predators hockey for the long run.

We are looking forward to working with the Sports Authority and Vice Mayor Diane Neighbors and the Metro Council to address questions and finalize this agreement for the city, while also working on the final steps to complete the sale and gain NHL Board of Governors' approval.

Our group wishes to thank the fans for their continued support, patience and enthusiasm for Predators hockey. This club has been playing great hockey this month. The Preds are undefeated in their last seven games and have climbed into fourth place in the Western Conference.

We hope that we can simply play our own small role in the long term of success and prosperity of the Predators hockey club and the City of Nashville. Thank you for allowing us to be a part of this experience."

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