Report: Islanders To Introduce New Owners Next WednesdayThe sale to Jonathan Ledecky, a former co-owner of both the Washington Capitals and NBA's Washington Wizards, and Scott Malkin, an investor, was approved by the NHL Board of Governors last week.
Bettman On WFAN: Islanders Are A Franchise Heading In The Right DirectionAs far as NHL Commissioner Gary Bettman is concerned, the Islanders have a very bright future.
Bettman: New Islanders Owners Will Bring In Additional ResourcesJonathan Ledecky and Scott Malkin will officially take over control of the Islanders in two years, now that the NHL Board of Governors has approved their purchase of the team from Charles Wang.
Report: Wild Co-Owner Might Want In On Islanders Falcone, a hedge fund mogul and former hockey player at Harvard, owns 45 percent of the Wild, but has reportedly been at odds with co-owner Craig Leipold over how to cover the franchise's reported $20 million annual loss.
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.
Wang Agrees To Sell Islanders To Former Co-Owner Of Capitals, InvestorOwner Charles Wang has agreed to sell the Islanders to former Washington Capitals co-owner John Ledecky and investor Scott Malkin.