Canes majority owner Peter Karmanos Jr. is pleased to have Michael Kahn as an ownership partner and said today he soon should announce more.
Karmanos announced Thursday that Kahn, the owner of the Charlotte Checkers, had invested in the Canes. The Checkers are the Canes' AHL affiliate.
"I really thought it was important to have a separate release with Michael because his partnership makes hockey the dominant sport in North Carolina," Karmanos said.
Reminded that North Carolina has some strong college basketball allegiances, notably in the Triangle, and might contest that "dominant sport" claim, Karmanos said, "In college basketball, everybody roots for their own team. But Duke fans, N.C. State fans, North Carolina fans all root for the Carolina Hurricanes."
Karmanos said he now has sold $22 million in equity of the franchise to nine people, all from North Carolina, who could invest another $7 million or more. He said he would soon announce the names of some of the investors but said some would prefer "to stay in the background."
"I think in the next six months we'll sell another $20 million, and all to North Carolina people," he said.
Kamanos said the influx of investment dollars did not mean the Hurricanes might look to add a high-priced player to bolster this year's team, adding more salary. The Canes' salary cap hit is a little more than $50 million, according to capgeek.com., ahead of only the Dallas Stars and Colorado Avalanche.
"We'll see what happens in the next five to 10 games," Karmanos said.