According to ESPN, the sale of the Atlanta Thrashers to a group in Winnipeg has been completed.
Welcome back to the NHL, Winnipeg Jets!
Commence the discussion of conference alignment - will Winnipeg somehow still be in the East, or will Nashville take it's place? Pretty hard to imagine the Wings moving East, although that would be a dream come true.
EDIT: TSN is broadcasting the press conference here: http://www.tsn.ca/