True North Sports and Entertainment, the ownership group reported to be in negotiations to purchase the Atlanta Thrashers and relocate the team to Winnipeg for the 2011-12 NHL season, has called a Tuesday press conference to make a "significant community announcement."
The media event will take place at noon ET at the MTS Centre arena in Winnipeg. NHL.com and NHL Network will carry the press conference live.
Update 12:30 EST
It's official, True North purchased Atlanta Thrashers. Target set of 13,000 season tickets.
No mention of team name as of yet. It's going to be weird seeing Winnipeg drafting players in a month.