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No league takeover or bankruptcy anticipated for Devils, says NHL

Jun 18, 2012, 5:46 PM EDT

Lou Lamoriello,Ilya Kovalchuk,  Jeff Vanderbeek i AP

The NHL is denying a report in the New York Post that the league is on the verge of taking over the financially challenged New Jersey Devils.

“I don’t anticipate either the league having to take over the team, or the team having to file for bankruptcy,” NHL deputy commissioner Bill Daly told USA TODAY Sports in an email.

And when you think about it, what did the Post really report? That the NHL had a back-up plan if owner Jeff Vanderbeek didn’t restructure or sell? Well, we hope so. Can’t just let the club implode. Have to step in at some point.

Let’s also hold off on the relocation talk. The Devils may have to let Zach Parise walk away this summer, but the team isn’t going anywhere. This is a “too much debt” problem; not a “hockey can’t work in New Jersey” problem.

Whether the NHL should’ve allowed an owner to leverage a franchise so aggressively is another discussion.

  1. eagoalie27 - Jun 18, 2012 at 9:54 PM

    The problem is as big as the North Jersey and NYC area are all the casual hockey fans in the area are Rangers fans. When the Devils beat the Rangers nobody and I mean nobody cared. The only people who watch are hard core Devils fans. The 12,000 a game on a Tuesday night against Carolina where the only ones. They did not sell out game 1. Enough said.

  2. atwatercrushesokoye - Jun 18, 2012 at 11:16 PM

    Was this before or after the NHL announced yet another great buyer in Phoenix? Yeah the NHL doesn’t have much credibility left in these matters.

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