Early in 1969 the Knox brothers did buy a 20% stake in the team; the remaining 80% was purchased by
Trans-National Communications, a holding company based in New York City. The sale was $4.5 million: $1.6 million for Seals outright; $1.9 million in debt; the remaining expansion fee due to the NHL; a $680,000 loan to
Labatt Brewery; an undisclosed sum to Hockey Investors Inc. (their role in the sale was not disclosed); and settlements to
Rudy Pilous,
Bert Olmstead, and
Gord Fashoway. The Seals finished the season with a record of 26 wins, 36 losses, and 11 ties, second in the
West Division. Attendance averaged 4,584 per game.
Norm Ferguson scored 34 goals, tying him with
Danny Grant for the most by an NHL rookie (set by
Nels Stewart in
1925–26).
Final standings Record vs. opponents ==Playoffs==