The two Boston companies were invited by NHL commissioner Gary Bettman to present the highly unusual offer, reported the Toronto Star and Globe and Mail.
Bain Capital Partners LLC and Game Plan LLC set out their proposal on Tuesday in New York to NHL owners, whose season has been lost to the player lockout.
Game Plan chairman Robert Caporale confirmed to WBZ radio in Boston that the companies had offered more than $3billion. He said the plan would see each team operating like a division of one company, with complete autonomy.
But there are doubts as to whether the plan enjoys across-the-board support. The NHL has nevertheless said its teams have lost a collective $500million over the past two seasons.
Before the work stoppage, the total value of the 30 NHL franchises was an estimated $4.9billion, according to Forbes Magazine. The value of the arenas was part of the assessment.
