Skip to content

Report: Devils land much-needed new investor

Jun 8, 2012, 11:35 AM EDT

Parise Quick

The New Jersey Devils remain in a deep hole in their series with the Kings, but it appears they’re climbing out of their financial pit.

Sports Business Daily is reporting (H/T Wyshynski) that Devils owner Jeff Vanderbeek has lassoed an investor to take a minority stake in the cash-strapped club.

Add the millions of dollars in revenue from the team’s surprise run to the Stanley Cup finals and the financial picture improves even further.

Wysh believes there will still be “some sort of bankruptcy process” to address the franchise’s debt, but worries over its ability to re-sign Zach Parise to a big contract might not be as justified anymore.

Granted, the biggest worry about Parise has always been his desire to play for the Devils versus another team like, say, Detroit. So while the news is good, the one major worry remains.

  1. jeffersonkostilnick - Jun 8, 2012 at 11:36 AM

    The thought of Parise not in a Devils Uni is enough to make me crap my pants………. Oopsie doopsie I made a pudding whoopsie…… Well this is embarrassing. Boss is not pleased with my actions at work.

    • dannymac17 - Jun 8, 2012 at 11:45 AM

      hilarious….

      just kidding.

      • jeffersonkostilnick - Jun 8, 2012 at 12:57 PM

        I know right. My bowel movements (otherwise known as I.B.S.) are not a joke. I read this article, then just the thought that Sat might be Parise’s last game, I just lost control. I shouldn’t of had that glass of milk. In the words of Ron Burgundy “milk was a bad choice…”

  2. tackledummy1505 - Jun 8, 2012 at 12:15 PM

    And they still will not fill the stands next season and still will be in a financial crapper. Devil hockey is like watching paint dry and hoping a design pops up here and there. It’s boring and aweful, it does work though. The NHL doesn’t understand why they can’t get ratings, look no further than the Stanley Cup Finals. When a 1st round series beats out your last, that should tell you how the game should be played

    • martysbetter - Jun 8, 2012 at 2:30 PM

      Aww, sounds like somebodies team got knocked out on the first round :(

    • puckish27 - Jun 8, 2012 at 4:46 PM

      Devils fans are people who can’t get Rangers tickets…

    • godevs - Jun 9, 2012 at 10:47 AM

      Why can’t they block idiots from posting to this site. Devils Hockey boring…I think not…must be a bitter Ranger fan…their franchise can’t win for crap…the only thing they win is the most jealous fans in the NHL!

  3. bcisleman - Jun 8, 2012 at 12:59 PM

    Quite honestly the Devils are more of a contender right now than the Wings are. As long as the $ is there, I don’t see Zach moving.

  4. giantssb42champs - Jun 9, 2012 at 5:52 AM

    Aww, sounds like somebodies team got knocked out on the first round

    ———————————–

    Yeah I’m guessing this guy must just be a bitter Bruins fan. .

  5. georgemuresanwasmygiant - Jun 9, 2012 at 9:47 AM

    Move them to Seattle or Kansas City – wait this isn’t a Coyotes story

Top 10 NHL Player Searches