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.
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.
Jeff Vanderbeek Takes Sole Control Over Devils, Refinances The Team's DebtJeff Vanderbeek has taken over sole control of the New Jersey Devils and refinanced the team's debt.
Report: NHL 'Preparing To Take Control' Of Cash-Strapped DevilsIt appears NHL Commissioner Gary Bettman could soon make Newark Mayor Cory Booker a very happy man.
Mayor Booker Promises Tight Security For Stanley CupThe New Jersey Devils will be hosting the Los Angeles Kings at 8:00 p.m. at the Prudential Center.
Booker Calls Devils Owner Vanderbeek 'Hustler, Liar' After Arbitration RulingNewark 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.
Devils Deny Near-Bankruptcy Report, Announce Potential Minority SaleFear 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.
Report: Devils In Danger Of Bankruptcy After Missed Loan PaymentMove over, Mets. There's reportedly a new cash-strapped franchise in town.