The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
Aug. 30--Sherry Bassin had a bit more to say on Friday about the potential sale of the Erie Otters franchise.
In response to an Erie Times-News article published Friday, Bassin said he hasn't received formal offers from the two undisclosed groups of investors interested in purchasing the franchise. Bassin has said one of the groups is based in Erie.
"It's nothing more than discussions," said Bassin, Otters managing partner and general manager. "Nothing (has) advanced past the discussion stage."
Meanwhile, Bassin is focused on his team heading into today's 5 p.m. preseason opener against the Mississauga Steelheads at Erie Insurance Arena, which serves as the Otters' lone exhibition game at home.
Most of the Otters' 13 returning veterans, including frontline center Connor McDavid and goaltender Devin Williams, aren't expected to play, as club officials want to evaluate young players in game situations. Center Kyle Pettit (knee surgery) isn't cleared for contact. Winger Travis Wood (sprained medial collateral ligament in his knee) is out four to six weeks. Defenseman Travis Dermott missed Friday's workouts with a sore hand.
Erie Otters vs. Mississauga Steelheads
Today, 5 p.m., at Erie Insurance Arena
Tickets: $10 (adults), $5 (students 18-under)-
- Tickets can be purchased at the EIA box office or Erie Otters office.
- Want more Otters?: Head to the Shootout at GoErie.com/blogs/shootout and Twitter at www.twitter.com/GoErieHockey for more news, notes, videos and other features.
VICTOR FERNANDES can be reached at 870-1716 or by e-mail. Follow him on Twitter at www.twitter.com/GoErieHockey. Check out the Otters page at www.GoErie.com/otters. Read the Shootout hockey blog at GoErie.com/blogs/shootout and post comments.
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