Feb 16, 2013, 12:36 PM EST
According to Josh Kosman of the New York Post, Islanders owner Charles Wang is trying to sell the team.
The report says Wang is in preliminary talks with Manhattan investment bank, The Raine Group to sell the team to them. The price tag Wang is seeking out for his money-losing franchise is a sky-high $300 million. Considering the Islanders aren’t drawing well on Long Island (only the Coyotes draw worse at home) and are due to move to Brooklyn in 2015, he might be setting his target amount a wee bit too high.
That said, the fact the team is moving to a better location closer to New York City does make them more attractive to potential buyers. Finding someone willing to come up with Wang’s insane asking price or something close to it might prove to be difficult.
For what it’s worth, the Islanders have denied the report and said there’s no truth to it. There’s a grain of salt to be taken for this whole thing.
Dec 22, 2014, 9:25 PM EST
That escalated quickly.
Dec 22, 2014, 8:30 PM EST
He collapsed on Vancouver’s bench this past weekend in a scary scene.
Dec 22, 2014, 7:45 PM EST
Probably for the best.
Dec 22, 2014, 6:50 PM EST
Pittsburgh’s dressing seven defensemen against Florida.
Dec 22, 2014, 5:29 PM EST
Click for a surprising stat about the 31-year-old forward.
Dec 22, 2014, 5:01 PM EST
Weather forecast looking good, too.
Dec 22, 2014, 4:50 PM EST
News and notes from around the blue paint…
Dec 22, 2014, 3:46 PM EST
As the quote suggests, he’s feeling better.
Dec 22, 2014, 3:31 PM EST
“He’s 21 years old. I think we’re getting a lot out of a 21 year-old defenseman right now.”
Dec 22, 2014, 3:20 PM EST
Signs with HC Slovan Bratislava.
Dec 22, 2014, 2:14 PM EST
Have won eight straight at home, but must travel to Anaheim tonight.
Dec 22, 2014, 1:15 PM EST
“Is it true? I don’t know.”
Dec 22, 2014, 12:52 PM EST
After teammates Travis Zajac and Adam Larsson both had them.
Dec 22, 2014, 12:40 PM EST
Oh no, not this again.
Dec 22, 2014, 12:28 PM EST
Will GM Chuck Fletcher do anything about it?
Dec 22, 2014, 12:12 PM EST
Kings’ center broke out of his slump in a major way.
Dec 22, 2014, 12:06 PM EST
“I talked with Dallas and they think it’s a good experience for me to play for my country and play for the national team.”
Dec 22, 2014, 11:36 AM EST
Connor McDavid and Sam Reinhart will be the alternates.
Dec 22, 2014, 11:33 AM EST
Lots of pressure on the Bruins and Leafs.
- Daly: Fehr’s lockout prediction ‘naive and uneducated’ 21
- Pens send Downie, Sutter, Greiss home for mumps test (Updated) 13
- The Atlantic Division race is going to be fascinating 19
- Flyers rally as Zepp wins his career debut at 33 years old 22
- Oilers squander three-goal lead, lose 18th time in 19 games 11
- Pickard makes one last bid to stay, beats Wings in nine-round SO 6
- Video: Bartkowski delivers controversial hit to Gionta, fights Foligno 44
- Giroux line takes Leafs ‘to school’ in Flyers’ 7-4 victory 17
- Wolverine Pacioretty gets two assists just two days after being hospitalized 18
- Ovechkin scores beauty as Caps shutout Devils 9