Friedman: Pressure To Spend, Make Brooklyn Move Work, Will Be Squarely On Islanders' New Owners“What a long, strange trip it’s been.” Of course, those Grateful Dead lyrics aren’t in reference to the Islanders’ ownership situation, but they might as well be. It’s been twist and turn after twist and turn for this franchise.
Report: Islanders Owner Wang Hit With $10 Million Lawsuit By Team's Former SuitorIt appears a case of "seller's remorse" by Islanders owner Charles Wang has really annoyed Andrew Barroway.
Report: Barroway No Longer In Talks To Buy IslandersNegotiations with the Philadelphia lawyer and hedge fund manager "have ceased" and "are not expected to resume," according to Newsday.
Report: Barroway Ready, Willing And Able To Buy Large Stake In IslandersCharles Wang either can't make up his mind or is just content to take his sweet time. Regardless, Andrew Barroway is fully prepared to purchase a controlling interest in the New York Islanders.
Bettman: Wang Still Weighing His Options On Potential Sale Of IslandersWill Charles Wang own the Islanders by the time next season starts? No one can say for sure.
Report: Prospective Islanders Buyer Lines Up Partners, Financial BackingEarlier this spring, the owner of the Islanders said he wasn't actively shopping the team, but would listen to offers. Andrew Barroway appears to be on the verge of making the kind of offer Charles Wang may not refuse.
Bettman To Francesa: Interest Level In Purchasing Islanders Is HighThe Islanders may have a new owner soon, at least that's the read NHL Commissioner Gary Bettman has on the situation.
Report: Revenue Guarantees At Barclays Stand To Benefit Islanders BigSkepticism generally dominates the landscape when it comes to the Islanders. But, if the latest report is true, it has to be viewed as a positive by fans and a potential new owner.
New Era Begins: Devils Announce Sale To Josh Harris, David BlitzerThe founder of one of the world's largest private equity firms, Josh Harris and his group paid $320 million to Jeff Vanderbeek for the rights to the Devils and the lease to the Prudential Center.
Report: Several Groups Vying To Buy Devils; Deal Expected Before Start Of SeasonA person familiar with the negotiations says several groups are vying to buy the financially-strapped franchise and there is a chance a deal might be done quickly.
Devils Likely To Be Taken Over By NHL? Bettman Denies Report According to Forbes, the organization has $230 million of debt. Owner Jeff Vanderbeek, Forbes reported, recently missed a payment on a bank loan that he took out.