Jan 30, 2013, 2:35 PM EDT
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.”
Mar 12, 2014, 1:21 AM EDT
He received a minor penalty for the hit.
Mar 12, 2014, 1:04 AM EDT
JVR seems OK, though.
Mar 11, 2014, 11:48 PM EDT
Dallas moves into the second wild card spot for now.
Mar 11, 2014, 11:26 PM EDT
The San Jose Sharks aren’t happy about their game, either.
Mar 11, 2014, 10:52 PM EDT
And an interesting one overall for the East.
Mar 11, 2014, 10:25 PM EDT
Another memorable save for the icon.
Mar 11, 2014, 10:07 PM EDT
That’s eight in a row for Pittsburgh between these two teams.
Mar 11, 2014, 9:11 PM EDT
The contest featured his former team the Saginaw Spirit.
Mar 11, 2014, 8:33 PM EDT
The 20-year-old had been missing since March 3.
Mar 11, 2014, 7:49 PM EDT
On the bright side, there’s the Batmobile.
Mar 11, 2014, 7:19 PM EDT
The Pens have won seven in a row vs. Washington, including Monday.
Mar 11, 2014, 5:33 PM EDT
Because there’s a really good chance they will.
Mar 11, 2014, 4:56 PM EDT
Big development for the ‘Hawks.
Mar 11, 2014, 4:47 PM EDT
Click for the details.
Mar 11, 2014, 4:26 PM EDT
All the latest from the blue paint…
Mar 11, 2014, 3:54 PM EDT
“We played well in the first game, but then it all disappeared.”
Mar 11, 2014, 3:49 PM EDT
The sons of George and Brian, respectively.
Mar 11, 2014, 2:49 PM EDT
Whether he does or not will impact the Flyers’ roster.
Mar 11, 2014, 2:41 PM EDT
A big defenseman from Lake Superior State.
Mar 11, 2014, 2:18 PM EDT
Burly power forward’s in the midst of a disappointing season.
- Stars win one night after Peverley collapse, give Miller first Blues loss 3
- Crosby, Pens continue recent dominance of Ovechkin, Caps 19
- Terry Trafford’s body found in Michigan on Tuesday 8
- PHT Extra: What happens if the Caps miss the playoffs? 17
- Wings can’t afford regulation loss to Jackets 6
- ‘It’s obvious Tortorella can’t come back next year,’ writes Vancouver reporter 57
- NHL on NBCSN: Capitals fight to earn first win vs. Penguins in 26 months 11
- Vanquished: Isles stun Canucks with seven-goal third period 27
- Peverley asked to return to game following ‘cardiac event’ 23
- Peverley hospitalized, conscious after collapsing on Stars bench (Update) 19
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack (71)
- Chiasson ‘shaken up’ by Peverley incident, won’t dress for Stars tonight (70)
- ‘It’s obvious Tortorella can’t come back next year,’ writes Vancouver reporter (60)