There is belief the National Hockey League and city of Glendale have gained some momentum building in their push to sell the Coyotes to Matt Hulsizer.
The two sides are working on an additional financing plan to facilitate the sale.
Some question whether there is enough time left to salvage the deal, but the league remains committed to exhausting all options to keep the franchise in Glendale.
Sources say the NHL and True North remain in constant communication and continue to work on the details of an agreement in the event this last ditch effort to save the Coyotes ultimately fails.
Establishing a timeline is difficult, although sources suggest a resolution should be determined within a week to ten days.