A deal will be consummated tomorrow that will see ownership of the Baltimore Bandits pass from Bob Teck and Alan Gertner to a consortium of regional and local investors, sources have indicated.
Teck and Gertner, facing a worsening financial situation almost from the Bandits' American Hockey League debut, were told to work a deal or the league would step in and do it for them.
Among the bills the New Jersey businessmen were months behind on, according to sources, are a down payment on the league franchise fee, and a sum believed to be in the vicinity of $500,000 to the Mighty Ducks of Anaheim for providing the players for the team.
The Bandits have become a cash-and-carry-only arrangement with firms that provide equipment, advertising, even practice rink time.
Sources indicated it was a combination of the league and Anaheim that finally decided a get-tough policy was needed.
For weeks, Bandits players have complained about not being able to get sticks and skates as quickly as they were needed. There also were other problems, including lengthy delays while checking into hotels on the road.
Today, the team has scheduled a 10 a.m. news conference at which the AHL is expected to announce it is wrapping up its investigation of the case.
There is an unconfirmed report that two separate outfits had made offers for the team and that one was tentatively accepted. It has not been completed yet, however, a source indicated.