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.”
Apr 19, 2014, 1:57 AM EDT
“We should have been 5-on-3.”
Apr 19, 2014, 1:29 AM EDT
Ryan Getzlaf, Frederik Andersen and Corey Perry “are winning that battle,” he said.
Apr 19, 2014, 12:56 AM EDT
Eventful last few days for the captain.
Apr 18, 2014, 11:59 PM EDT
“It was one individual effort that made the difference today.”
Apr 18, 2014, 11:14 PM EDT
Apr 18, 2014, 10:40 PM EDT
Bolts just needed a spark, he explained.
Apr 18, 2014, 10:27 PM EDT
There was no penalty on the play.
Apr 18, 2014, 10:08 PM EDT
Jimmy Howard had a shutout in the goaltending duel.
Apr 18, 2014, 9:55 PM EDT
Can Dallas build on its late-game momentum?
Apr 18, 2014, 9:44 PM EDT
Game 3 will be played in Montreal.
Apr 18, 2014, 9:09 PM EDT
Naturally, the Blackhawks-Blues triple-overtime game was very popular.
Apr 18, 2014, 8:51 PM EDT
Detroit was near the bottom of the pack in hits in the regular season.
Apr 18, 2014, 8:34 PM EDT
They took a 1-0 lead over Tampa Bay in the process.
Apr 18, 2014, 8:23 PM EDT
“We expected a tough series against (St. Louis).”
Apr 18, 2014, 7:43 PM EDT
The rookie had three assists last night.
Apr 18, 2014, 7:04 PM EDT
The last of the first round series is about to begin.
Apr 18, 2014, 6:34 PM EDT
Montreal has a 1-0 series lead.
Apr 18, 2014, 6:17 PM EDT
This isn’t the first time he’s been fined.
Apr 18, 2014, 5:59 PM EDT
That’s a pretty bold statement, given that Nashville used to have blueliners like Kimmo Timonen and Ryan Suter.
Apr 18, 2014, 5:06 PM EDT
Apparently, the “Coyotes, Ducks, Kings, and Sharks are on board” with relocating their minor-league affiliates closer to home.
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