YNN.com

Syracuse / Oswego / Auburn

Change region

  46º

You are not signed in  |  Sign in here  |  Help

You're viewing a lite version of ynn.com

Time Warner Cable customers: Sign in with your TWC ID for video access.

Get my TWC ID. | Get TWC service. | Read the FAQ.

09/27/2012 07:30 PM

Deal reached over First Arena

By: Web Staff

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

ELMIRA, N.Y. -- The Elmira Jackals and First Arena are back in business after a deal was reached Thursday in bankruptcy court.

Elmira Downtown Arena LLC filed for Chapter 11 back in August, just weeks after a deal was struck to sell the arena to Elmira businessman Tom Freeman.

According to court documents, the former owner of the arena, Dr. Mostafa Afr has come to financial terms with the county and new owner, clearing the way for the sale to go through and the Elmira Jackals to return to the ice this fall.

Afr also owns the Jackals, but to date, there have been no successful negotiations over selling the team.