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NHL reportedly settling Lightning feud Add to ...

The feud between Tampa Bay Lightning co-owners Oren Koules and Len Barrie could soon be resolved.

According to a report in the St. Petersburg Times, NHL commissioner Gary Bettman has set out guidelines by which the squabbling owners can buy each other out.

The newspaper reports Barrie has the first shot in an exclusive 60-day window that is thought to run out sometime in September.

If Barrie fails in his attempt, Koules would reportedly then get his own chance to buy.

On top of the purchase price, the Times reports either party must also handle the substantial debt obligations to former owner Palace Sports & Entertainment.

If both fail to meet the requirements, the newspaper reports the team would have to be sold to a new buyer or perhaps Palace Sports CEO Tom Wilson will re-take control of the organization.

Barrie and Koules met with Bettman in June with the commissioner demanding the owners to work out their differences.

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