The Carolina Hurricanes have an agreement in place to sell the team, and Gary Bettman is adamant that they're not going anywhere.

The NHL commissioner confirmed that the club's signed a purchase agreement with its prospective new owner, Dallas-based businessman Tom Dundon, according to TSN's Pierre LeBrun.

Bettman added that the sale won't be officially closed for a few weeks, but insisted "this is not a team that will be moved," according to Sportsnet's Elliotte Friedman.

Dundon signed the purchase agreement with longtime Hurricanes chairman Peter Karmanos on Wednesday night. Dundon is the chairman and managing partner of Dundon Capital Partners, a private investment firm.

Under the new agreement, Dundon will own 52 percent of the team, while Karmanos will own 48 percent, and Dundon will have an option to buy out Karmanos' share in three years' time, LeBrun added.

Karmanos has owned the franchise since the Hartford Whalers days, purchasing it along with Compuware partner Thomas Thewes and now-Pittsburgh Penguins general manager Jim Rutherford in 1994.

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