An offer has been made by the Quebec Major Junior Hockey League to buy the P.E.I. Rocket, it was announced at a news conference in Charlottetown Wednesday morning.

The Rocket owners said the offer came from the league on Monday to sell to an unknown buyer.

Serge Savard Jr., who owns the team with his brother and father, said his family did not go looking for a buyer for the team, but he said they can't keep losing money.