Is Joe Sakic close to making an announcement concerning his future?

The Avalanche captain, who has been pondering whether to return for a 20th NHL season or retire, is scheduled to hold a news conference Thursday morning at Sanctuary in Sedalia before his annual Celebrity Classic charity golf tournament.

Sakic, who turned 39 last month, is an unrestricted free agent but isn't expected to field offers from any other team.

The tournament benefits children's programs within the Food Bank of the Rockies nutrition network.

While Sakic has been pondering whether to resume his playing career, there has been some speculation in NHL circles that the Avalanche is interested in pursuing Toronto Maple Leafs free agent center Mats Sundin, who also is unsure about his future.

Click here to read more on this story in the Avalanche 24/7 blog