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This Day In Hockey History-May 27, 1977- Winnipeg Jets given time to get in on rumored NHL/WHA merger

Winnipeg Jets Logo WHA

QUEBEC (CP) – have been given until July 1 to raise $1 million as down payment for entry into the National Hockey League, says Bob Graham, chairman of the board of the community-owned club.

Graham said the Jets were given the time after the midweek meeting in New York between representatives of the two leagues. He said the entry fee for teams into the NHL will be $3.2 million

“A proposal has been made that, if we meet it, we're in the NHL,” said Graham.

Winnipeg Jets Logo WHA

He said the Jets were given the time to raise the down payment because of its unique community ownership structure.

‘By this concession of time, it's my interpretation that the NHL wants us,” Graham said. “I know this; we re definitely going to be invited to join.”

The Winnipeg Free Press says the Jets, who currently carry only 23 players, would be obliged to carry 27 in the NHL. The newspaper also says the NHL teams would agree to drop from their protected list the names of all players who now belong to WHA.clubs, and vice versa.

Winnipeg Jets Logo WHA

It also says Sam Pollock, general manager of the NHL champion Montreal Canadiens, has proposed two divisional arrangements: one with four divisions of six teams and the other with six divisions of four teams.

The newspaper said Winnipeg will be one of the few teams in major league hockey to make money in the 1976-77 season. The Jets, who lost their bid for a second straight WHA championship when they lost 8-2 to Quebec Nordiques in the seventh game of the final Thursday, played 10 home playoff games and that was the difference that will allow them to show a profit of about $240,000.

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