NASHVILLE, Tenn. (WTVF) — The Nashville Predators could soon be under new ownership.

Reports coming out late Thursday night say Nashville’s ownership group are close to selling the team.

Sports business website Sportico is reporting the buyer is former Tennessee Governor Bill Haslam.

The team’s current ownership is lead by Herbert Fritch.

Sportico estimates the team is worth $680 million, making it the sixth lowest hockey team valuation in the NHL.

The team was purchased for $175 million in 2007.