Official: SD tribe can't pay for Wounded Knee site

FILE - This undated file photo shows the historical marker commemorating the Wounded Knee Massacre of 1890 on the road near the Sacred Heart Catholic Church in Wounded Knee, S.D. Wednesday is the final day a landowner has given the Oglala Sioux Tribe to make an offer to buy a portion of the Wounded Knee National Historic Landmark. James Czywczynski has said he would sell the land, which sits next to where about 150 of the 300 Lakota men, women and children killed by the 7th Cavalry in 1890 are buried, and another piece of land for no less than $4.9 million. Tribal members have said the asking price is much too high. (AP Photo/File)

SIOUX FALLS, S.D. (AP) — The president of a South Dakota tribe facing a deadline on whether to buy a piece of land where 300 of their ancestors were massacred more than a century ago says his tribe does not have the money for the purchase.

The Oglala Sioux faced a Wednesday deadline to buy a 40-acre piece of the Wounded Knee National Historic Landmark on the Pine Ridge Indian Reservation.

Owner James Czywczynski (see-ZIHN'-skee) had said if the tribe did not agree to the $4.9 million asking price for that parcel and another parcel, he would open up bidding to outside investors.

Tribal president Bryan Brewer tells The Associated Press the tribe will not purchase the land, which has been appraised at less than $7,000 apiece.

Czywczynski has not responded to calls for comment.