The Summerside Storm is close to signing an agreement that would keep the professional basketball franchise in Summerside, The Guardian has learned.
The Storm approached the Charlottetown Civic Centre in March over a potential move to the P.E.I. capital.
Duncan Shaw, who co-owns the team with Darren MacKay, didn’t deny talks were ongoing with the Civic Centre but it was happening at the same time as negotiations continued with the City of Summerside and Credit Union Place.
The Storm operated under a one-year contract with Summerside last year and details of the new, potential, agreement weren’t available on Tuesday.
But a source, who spoke to The Guardian on the condition of anonymity, said a deal to keep the team in Summerside is close.
That deal could be signed as early as today but is not expected to take any longer than the end of the week.
The Guardian did speak with Shaw on Monday. Shaw said the team had reached a decision on where it was going to play in 2012-13 but didn’t want to comment any further.
The Guardian was told on Tuesday that an agreement in principle has been reached to keep the team in Summerside and everyone appears to be on the same page but, as with anything, until everyone signs on the dotted line, anything is possible.
Back in March, Shaw said talks with Charlottetown were about keeping options open.
He said the organization is happy with the support it received in its first season in the National Basketball League of Canada.