From todays Globe& Mail:
The Toronto Argonauts will introduce new head coach Jim Barker tomorrow, and may soon after announce an official change of ownership to David Braley from Howard Sokolowski and David Cynamon.
The franchise ownership transfer has been agreed upon, but the preparation of documents was not complete in time for the CFL board of governors to vote on the proposed sale yesterday. The vote, which is expected to be a formality, could take place as early as today.
Cynamon and Sokolowski had been negotiating with Braley for the past two weeks, after the duo’s attempts to land a new partner fell through.
Barker was a runner-up two weeks ago to Joe Mack for the job as general manager of the Winnipeg Blue Bombers.
It is believed it was Braley, not Cynamon and Sokolowski, who approved the hiring of Barker. Braley, who also owns the B.C. Lions, will soon control one quarter of the CFL’s franchises.
With Barker hired, the other pieces of the Argos football puzzle are expected to fall into line quickly.
Speculation is general manager Adam Rita, who has a year remaining on his contract, will remain in the front office. However, it is believed the contracts of director of scouting Miles Gorrell and player personnel director Greg Mohns will not be renewed.