This article from the Salt Lake Tribune indicates that there are some lease issues that may jeopardize the 2012-13 ski season.
Snip from the article
I recall something like this being discussed a few years ago as well, did a search and couldn't find it, but I don't recall Canyons Ski Resort's operators being involved in that discussion.
My gut says this is a ploy to stir things up.........
I mean, really - How can Park City be Park City without a Park City Mountain Resort?