Thrashers president Don Waddell understands that local NHL fans want to know something definite about the team's future in Atlanta.
A few minutes after his team missed the playoffs for the 10th time in their 11-year history, Waddell, the Thrashers' general manager from 1999-2010, says the search for new ownership is nowhere near over.
"It's been a work in progress," Waddell said. "We're certainly going to continue to move forward and do everything possible to keep this team in Atlanta."
The Atlanta Spirit, a group that owns the Thrashers, NBA Atlanta Hawks and Philips Arena, has sought to sell the NHL franchise for several years and claims the hockey club has lost over $150 million since 2005.
"We've had lots of people interested," Waddell said. "We've had a couple of people move to the next step. Nothing is close at all."
"Hopefully they can get it figured out and the team can stay here," Ladd said.