Jeff Vanderbeek

Co-owners of the New Jersey Devils Joshua Harris (L) and David Blitzer pose for a photo with their jerseys during a press conference announcing the new ownership on August 15, 2013 in Newark, New Jersey. (Photo by Andy Marlin/Getty Images)

New Era Begins: Devils Announce Sale To Josh Harris, David Blitzer

The 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.

08/15/2013

Joshua Harris (Photo by David Dow/NBAE via Getty Images)

Report: Devils Could Be Sold To Joshua Harris’ Group By Thursday

According to Tom Gulitti of The Record, the team could be sold by Thursday. Sources told Gulitti that the Devils could soon be bought by a group headed by Philadelphia 76ers owner Joshua Harris.

08/14/2013

Chairman and Managing Partner Jeff Vanderbeek of the New Jersey Devils  (Photo by Bruce Bennett/Getty Images)

Report: Several Groups Vying To Buy Devils; Deal Expected Before Start Of Season

A 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.

08/09/2013

Prudential Center (credit: Jeff Zelevansky/Getty Images)

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.

08/08/2013

Prudential Center (credit: Ned Dishman/NBAE via Getty Images)

City Of Newark, Devils Reach Revenue-Sharing Deal For Prudential Center

Newark’s City Council on Tuesday approved a revenue-sharing deal between the city and the NHL’s New Jersey Devils for the Prudential Center arena.

02/26/2013

Jeff Vanderbeek (Photo by Andy Marlin/Getty Images for the NHL)

Jeff Vanderbeek Takes Sole Control Over Devils, Refinances The Team’s Debt

Jeff Vanderbeek has taken over sole control of the New Jersey Devils and refinanced the team’s debt.

01/03/2013

Devils GM Lou Lamoriello, owner Jeff Vanderbeek (credit: Bruce Bennett/Getty Images)

Report: NHL ‘Preparing To Take Control’ Of Cash-Strapped Devils

It appears NHL Commissioner Gary Bettman could soon make Newark Mayor Cory Booker a very happy man.

06/18/2012

Media Day at the Prudential Center - Newark, NJ - May 29, 2012 (credit: Bruce Bennett/Getty Images)

Mayor Booker Promises Tight Security For Stanley Cup

The New Jersey Devils will be hosting the Los Angeles Kings at 8:00 p.m. at the Prudential Center.

05/30/2012

Newark Mayor Cory Booker (file / credit: Mayor's Office)

Booker Calls Devils Owner Vanderbeek ‘Hustler, Liar’ After Arbitration Ruling

Newark Mayor Cory Booker is harshly criticizing he owner of the New Jersey Devils after an arbitration ruling in a long-running dispute over the hockey team’s lease at the Prudential Center arena.

04/04/2012

Jeff Vanderbeek (credit: Bruce Bennett/Getty Images)

Devils Deny Near-Bankruptcy Report, Announce Potential Minority Sale

Fear not, New Jersey fans. The minority owners of the Devils are finalizing a deal to sell their interest in the team and give managing partner Jeff Vanderbeek some new partners.

WFAN–09/13/2011

Devils GM Lou Lamoriello, owner Jeff Vanderbeek (credit: Bruce Bennett/Getty Images)

Report: Devils In Danger Of Bankruptcy After Missed Loan Payment

Move over, Mets. There’s reportedly a new cash-strapped franchise in town.

WFAN–09/12/2011

Mayor Cory Booker plays a game of one on one Cappie Pondexter of the New York Liberty at the Prudential Center - Newark, NJ - May 19, 2011 (credit: Jesse D. Garrabrant/NBAE via Getty Images)

Newark Mayor Cory Booker Welcomes New York Liberty To Prudential Center

Madison Square Garden is undergoing a renovation, which means the New York Liberty WNBA team will be playing at the Prudential Center in Newark.

05/19/2011

(Photo by Bruce Bennett/Getty Images)

New Devils-Kovalchuk Deal Coming?

The NJ Devils may be on the brink of signing Ilya Kovalchuk for the second time this offseason.

WFAN–08/24/2010

(Photo by Bruce Bennett/Getty Images)

Devils Working On Deal To Sign Kovalchuk

Devils team president and general manager Lou Lamoriello said the Devils will continue working to re-sign the high scoring Russian.

WFAN–08/11/2010