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 29, 2015, 10:02 PM EDT
New York snapped a three-game skid with a 5-4 win over Detroit.
Mar 29, 2015, 9:16 PM EDT
Pastrnak scored the OT winner.
Mar 29, 2015, 8:20 PM EDT
Ottawa has lost three straight.
Mar 29, 2015, 7:55 PM EDT
Michael Ferland’s first NHL goal was the winner.
Mar 29, 2015, 6:51 PM EDT
Puck drop is at 7:30 p.m. ET on NBCSN.
Mar 29, 2015, 6:25 PM EDT
Jimmy Howard is on in relief.
Mar 29, 2015, 6:05 PM EDT
Washington scored four unanswered to beat New York 5-2.
Mar 29, 2015, 4:54 PM EDT
Buffalo has the best odds of drafting him.
Mar 29, 2015, 4:17 PM EDT
Will he get one next season?
Mar 29, 2015, 3:28 PM EDT
They’ll play at 7:30 p.m. ET tonight.
Mar 29, 2015, 2:30 PM EDT
News and notes from around the crease…
Mar 29, 2015, 1:38 PM EDT
The Penguins defenseman suffered a concussion.
Mar 29, 2015, 12:55 PM EDT
Rau recorded at least 40 points in each of his NCAA campaigns.
Mar 29, 2015, 12:11 PM EDT
The good news is that he’s out of the hospital.
Mar 29, 2015, 11:29 AM EDT
He’s looking forward to the challenge.
Mar 29, 2015, 10:42 AM EDT
Roy coached the forward in the QMJHL.
Mar 29, 2015, 9:57 AM EDT
They’ll talk after the season.
Mar 29, 2015, 9:14 AM EDT
Both teams have depleted bluelines.
Mar 29, 2015, 1:40 AM EDT
Vancouver leads L.A. by three points in the Pacific Division.
Mar 29, 2015, 1:05 AM EDT
Vancouver creates breathing room in the Pacific Division.
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