NBA owner withdrew plan to buy Oilers

Alexander said, "The City of Edmonton is not prepared right now to embrace a change which would be necessary to structure a deal to keep the team in Edmonton. Deals of this magnitude take many twists and turns, and if in the future something can be worked out amicably so that Edmonton could have an opportunity to keep the team in the city and Houston could get an expansion team, we would still be willing to work that out."