Skip to content

Vanderbeek gains 100 percent control of Devils

Jan 3, 2013, 12:11 PM EDT

Jeff Vanderbeek, New Jersey Devils Getty Images

It wasn’t easy, but Jeff Vanderbeek has retained control of the New Jersey Devils and is now the sole owner of the club.

Per The Record, Vanderbeek was able to refinance the franchise’s substantial debt and buy out his partners.

“Today’s announcement is good news for Devils fans though I fully recognize fans’ frustration with the work stoppage,” Vanderbeek said in a statement.

“Our future is now secure and we can be confident of continued on-ice success. Our team has gone to the Stanley Cup Final five times in the last 17 years and following the most recent run to the Stanley Cup Final last year, we are excited about our future—for Jersey’s team and Prudential Center, home to the 2013 NHL Draft.”

What the news means for the Devils’ future payroll remains to be seen. New Jersey has a number of pending unrestricted free agents, including Patrik Elias, Travis Zajac, David Clarkson, Dainius Zubrus, and Marek Zidlicky.

Related: Newark mayor calls Devils owner “a highfalutin, high-class huckster and hustler”

Latest Posts
  1. Canes coach Peters making tweaks with emphasis on being more dangerous offensively

    Sep 1, 2015, 10:11 PM EDT

    Carolina Hurricanes v Buffalo Sabres Getty Images

    They were near the bottom of the league in that regard last season.

  2. Eichel planning to move in with Moulson

    Sep 1, 2015, 9:03 PM EDT

    Jack Eichel Getty Images

    “The way he offered his house to me shows what kind of person he is.”

  3. St. Louis offers Upshall a professional tryout

    Sep 1, 2015, 6:04 PM EDT

    Scottie Upshall Getty Images

    The Blues have a vacancy with Patrik Berglund out for at least four months.

  4. Crosby, Toews, Weber, Price lead pack in NHL 16’s ratings

    Sep 1, 2015, 5:05 PM EDT

    2014 NHL Stadium Series - Pittsburgh Penguins v Chicago Blackhawks Getty Images

    A few players have leapfrogged Steven Stamkos.

  5. Marchand rehabbing from offseason elbow surgery

    Sep 1, 2015, 3:35 PM EDT

    Brad Marchand Getty Images

    He played through the injury in 2014-15.

  6. Flyers bring back tough guy Rosehill on AHL deal

    Sep 1, 2015, 12:00 PM EDT

    Chris Thorburn #22 of the Winnipeg Jets fights with Jay Rosehill #37 of the Philadelphia Flyers during third period in a game between the Winnipeg Jets and the Philadelphia Flyers on April 6, 2013 at the MTS Centre in Winnipeg, Manitoba, Canada.
(April 5, 2013 - Source: Marianne Helm/Getty Images North America) Getty Images

    He spent all of last season with Lehigh Valley.

  7. Marcel Goc signs in German League

    Sep 1, 2015, 10:04 AM EDT

    Columbus Blue Jackets v St. Louis Blues Getty Images

    Veteran forward heads overseas after appearing in 600-plus NHL contests.

  8. Domi: I just want to make the Coyotes

    Sep 1, 2015, 9:00 AM EDT

    Max Domi Getty Images

    He’s got plenty of potential, but he doesn’t want to get ahead of himself.

  9. Lucic jokes about running through Rask ‘like I did (to) another goalie’

    Aug 31, 2015, 10:22 PM EDT

    Milan Lucic AP

    His first game against Boston is scheduled for Feb. 9.

  10. Success for McDavid isn’t purely a numbers game

    Aug 31, 2015, 9:00 PM EDT

    Connor McDavid AP

    The start of his rookie campaign is approaching.

  11. Hitch finds silver lining in Berglund injury

    Aug 31, 2015, 7:30 PM EDT

    Patrik Berglund Getty Images

    Who will take advantage of the opening?

  12. Neuvirth cites Voracek as his reason for joining Flyers

    Aug 31, 2015, 6:00 PM EDT

    New York Islanders v Washington Capitals - Game Five Getty Images

    The two have previously played together on the Czech national team.

  13. Hurricanes add Ray Whitney, three others to scouting staff

    Aug 31, 2015, 4:30 PM EDT

    Jeff Daniels Getty Images

    Former coach Jeff Daniels is also staying within the organization after being relieved of his AHL coaching duties.

  14. Poll: Will Seabrook re-sign?

    Aug 31, 2015, 2:12 PM EDT

    Brent Seabrook Getty Images

    You can expect this question to be asked throughout the year.

Top 10 NHL Player Searches
  1. P. Kessel (1602)
  2. P. Kane (1556)
  3. M. Richards (1342)
  4. P. Datsyuk (1191)
  5. N. Backstrom (1078)