Penguins on verge of being sold

Hartford, CT-based commercial real estate broker Sam Fingold has signed a letter of intent to purchase the Pittsburgh Penguins from a group led by Hall of Famer Mario Lemieux. Fingold had previously expressed interest in moving the team to Kansas City but has now committed to keeping the team in Pittsburgh -- so long as a new arena is built. Under the deal, Fingold's group is obligated to carry out the agreement reached by Lemieux's group with Isle of Capri Casinos Inc., which pledged $290 million to build a new arena if it obtains the license to build a downtown slots parlor. Terry Frei wrote earlier this week that Lemieux's recent posturing may have been a ploy to get a better Pittsburgh offer on the table for the team, while Steve at Puck Update thinks Kansas City is a fait accompli.