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. Last Updated: 07/27/2016

Hockey Boss and Fraud

LOS ANGELES () -- Los Angeles Kings' President Bruce P. McNall, the sports entrepreneur credited with turning on Southern California to professional ice hockey, has agreed to plead guilty to four criminal counts stemming from a federal bank fraud investigation, sources close to the case have confirmed.

McNall, hailed as recently as a year ago as one of the United States' most successful and innovative sports executives, has signed a draft agreement negotiated by his lawyers and federal prosecutors, the sources said Tuesday. The agreement calls for guilty pleas to one count of bank fraud, two counts of mail fraud and one count of conspiracy