According to documents I read, Bill Gallacher anticipated defaulting on the loan and pledged to the lender in November that he would try to sell the Winterhawks by January. That obviously did not happen, nor was there any public statement that the team was for sale. He also put a home up for sale in Scottsdale, AZ (that he bought for $11 million) for $26 million in 2018, but it never sold.
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