NASHVILLE, Tenn. (AP) -A local investor group trying to buy the Nashville Predators canceled Wednesday's planned news conference to discuss the future of the team.
Earlier in the day, the group said it was set to make an announcement after weeks of negotiations with city officials about changes to the lease for the arena where the team plays.
There was no immediate comment on why the news conference was canceled, but city officials said a deal has not been reached. Several media reports indicated that the group had reached an agreement.
The group is trying to buy the team for $193 million and is working with the city to negotiate lease terms that they say will help the team stay in Nashville.
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