SUN Hockey Pool

Where there's smoke...

DAN TOTH, Calgary Sun

, Last Updated: 9:50 AM ET

There could be a high-powered sports merger underway in Calgary. A source said yesterday the NHL Flames are considering exercising an option to invest in the CFL Stampeders, purchased this week by a local group led by John Forzani, Ted Hellard and Doug Mitchell.

"At this point in time, the Flames do not own any portion of the Stampeders," Hellard said last night.

Hellard wouldn't comment on whether the clock is ticking for Flames ownership to execute an option to buy into the football franchise. But he was quick to note the NHL club would be a welcomed teammate.

"We would be pleased to have the Flames as partners in our organization," Hellard said. "We think they'd be great. We believe they'd make a wonderful and natural partner in our group and we'd be excited to have them join us."

Flames president Ken King denied any knowledge of that team's ownership group pondering an investment in the revamped Stampeders.

"They have their group," King said of the Stamps' 12-man ownership group.

"I suppose somebody (within the Flames ownership) could be doing something I don't know about but I doubt it."


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