Overview
- Nichols died on Saturday at age 84, the Edmonton Oilers announced in an official statement and tweet confirming his passing and offering condolences to his family.
- He co-chaired the 1996 Friends of the Oilers ticket drive that rebuilt local season-ticket support and helped prevent relocation threats to the franchise.
- In 1998 Nichols spearheaded the Edmonton Investors Group, which pooled 38 investors and raised about $110 million to buy the Oilers, including roughly $5 million of his own money.
- Nichols served as the EIG’s chairman and the team’s governor through the decade until the 2008 sale to Daryl Katz, and he remained an Oilers season-ticket holder until his death.
- A self-made oil and gas entrepreneur who helped found Northridge and Gasland Oil, Nichols received honors such as the Order of Canada and is survived by his wife Edna, two children and five grandchildren, and his death is likely to prompt formal tributes and reflection on local ownership of the club.