ST. LOUIS -- The NHL Board of Governors has approved the sale of the St. Louis Blues to a group headed by St. Louis beer distributor Tom Stillman, the league announced Wednesday.
The sale price was not disclosed, but is believed to be about $130 million.
The Stillman group will become the eighth owner of the Blues since the franchise came into existence in 1966. The group is buying the team from a group headed by Dave Checketts and his Sports Capital Partners Worldwide.
Stillman is chairman and chief executive officer of Summit Distributing in St. Louis and has owned a minority share in the Blues since 2007.