Jan 30, 2013, 2:35 PM EST
The San Jose Sharks announced today that majority owner Hasso Plattner has purchased the shares in the organization formerly held by investors Kevin Compton and Stratton Sclavos.
The change in ownership structure will not affect the team’s day-to-day operations, according to Plattner.
“While this change does affect the individual structure of our ownership group, it does not change the organization’s primary goal which is to build a team that is capable of winning a Stanley Cup each and every season,” said Plattner in a release. “The team’s day-to-day operations will not be affected. All current Executive Team members will remain in place with Doug Wilson continuing to oversee all hockey operations and Malcolm Bordelon operating the business side of the organization.”
In August, the Sharks claimed they lost $15 million last season despite selling out every home game.
Prior to selling their shares, Compton and Sclavos had been the most prominent members of the ownership group. However, the Sharks say that Plattner, the billionaire co-founder of software giant SAP AP, has been the organization’s majority owner since 2010.
Compton and Sclavos released the following joint statement today:
“It’s been a great 11 years being involved with the San Jose Sharks and the NHL but we feel this is the right time for us to step away and focus on other avenues. Although we are no longer involved with the ownership group of the organization, we remain among the team’s biggest fans and will continue to be ardent supporters of the franchise. We want to thank all Sharks fans for their years of unbridled passion and continued support of the team.”
Dec 27, 2014, 12:05 AM EST
No official word from New Jersey.
Dec 26, 2014, 10:49 PM EST
This was over early.
Dec 26, 2014, 10:00 PM EST
It’s hitting the fan for New Jersey.
Dec 26, 2014, 8:30 PM EST
Long-time play-by-play man Bob Cole also recognized.
Dec 26, 2014, 7:00 PM EST
Will be filling the spot vacated by the suspended John Scott.
Dec 26, 2014, 5:38 PM EST
Decent start for the Americans at the World Juniors.
Dec 26, 2014, 4:30 PM EST
New Jersey has three of the five oldest skaters in the NHL.
Dec 26, 2014, 3:30 PM EST
The Anaheim Ducks have been good — or is it lucky? — in one-goal games.
Dec 26, 2014, 2:30 PM EST
Connor McDavid headlines a loaded host side that hasn’t won gold since 2009.
Dec 26, 2014, 1:28 PM EST
Dec 26, 2014, 12:43 PM EST
New Jersey off to a disappointing 12-17-7 start. The coach pays the price.
Dec 26, 2014, 12:34 PM EST
Brandon Sutter cleared.
Dec 26, 2014, 11:59 AM EST
Put Matt Duchene on the list of supporters.
Dec 26, 2014, 11:17 AM EST
“That was something that wore on guys.”
Dec 26, 2014, 10:20 AM EST
He already grabbed the franchise’ assists mark in that category.
Dec 26, 2014, 9:39 AM EST
They picked him over Eric Comrie.
Dec 26, 2014, 8:31 AM EST
Boxing Day links.
Dec 25, 2014, 10:00 PM EST
The waters are being tested with a ticket drive.
Dec 25, 2014, 9:00 PM EST
Sidney Crosby and Corey Perry are just two of the players that have been inflicted by the NHL outbreak.
Dec 25, 2014, 8:00 PM EST
And the NHL’s swift, significant response.
- Team Canada crushes Slovakia 4
- Criticism spreads to GM Lou Lamoriello after Devils fire DeBoer 3
- Eichel earns assist and scores in shootout as U.S. squeaks by Finland 1
- Canada enters World Juniors as 11/10 favorite; USA next at 9/4 2
- Devils fire DeBoer 20
- More mumps: Downie and Greiss test positive 3
- Orpik reflects on ‘outside pressure’ in Pittsburgh 18
- Canada tabs Fucale for WJC opener 0
- PHT’s top 14 of ’14: Ovechkin’s great big year of disappointment 10
- PHT’s top 14 of ’14: Kings win Cup, Martinez the OT hero 0
- Sabres aren’t happy with league’s decision regarding Bartkowski (76)
- Report: NHL won’t hold hearing for Bartkowski hit (55)
- Video: Bartkowski delivers controversial hit to Gionta, fights Foligno (47)
- Could Malkin be the next player to be fined for diving? (43)
- Panthers hold off Penguins for shootout win (42)