Jun 17, 2013, 4:18 PM EDT
Hey, remember like six months ago when it sounded like the New Jersey Devils’ financial troubles were over?
Well, according to the New York Post, they’re not.
The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a source with direct knowledge of the situation said.
The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise.
If the report is accurate, it’s not clear if it’s just a short-term cash-flow issue or evidence of a larger problem for owner Jeff Vanderbeek.
The NHL, according to the Post, “said the story was inaccurate but declined to give specifics.”
May 27, 2015, 4:43 PM EDT
The ladies sure loved that guy.
May 27, 2015, 4:16 PM EDT
One of the many decisions facing new GM Don Sweeney.
May 27, 2015, 3:49 PM EDT
Game 7 of the Eastern Conference Final goes Friday at MSG.
May 27, 2015, 3:27 PM EDT
The two men worked together for a season in New Jersey.
May 27, 2015, 2:40 PM EDT
Tomas Fleischmann likely on his way out.
May 27, 2015, 2:21 PM EDT
“We’re going to be embedded in this community.”
May 27, 2015, 1:46 PM EDT
“I get the fact there were three goals that went in that were ugly. That’s the growth of a young player.”
May 27, 2015, 1:09 PM EDT
Either way, Kimmo Timonen is likely out.
May 27, 2015, 12:39 PM EDT
Rangers forward has had issues with it thus far.
May 27, 2015, 12:32 PM EDT
Former Panthers and Devils coach will take over a team that missed the playoffs for the first time since 2003.
May 27, 2015, 12:13 PM EDT
Remember when AV called the youngster out?
May 27, 2015, 11:20 AM EDT
“Our door is open for the Capitals, absolutely first and foremost.”
May 27, 2015, 11:19 AM EDT
Veteran center enjoyed something of a career revival with the Oilers last season.
May 27, 2015, 10:33 AM EDT
Chicago fans are hoping that dream includes a Game 6 win.
May 27, 2015, 9:35 AM EDT
Give some credit to his linemates, including “energizer bunny” J.T. Miller.
May 27, 2015, 8:21 AM EDT
Wednesday’s collection of links.
May 27, 2015, 12:59 AM EDT
Almost completely shut the door through two periods.
May 27, 2015, 12:09 AM EDT
Game 7. Friday in New York.
May 26, 2015, 11:34 PM EDT
“Boy, that escalated quickly…”
May 26, 2015, 11:03 PM EDT
Ben Bishop pulled in the third period.
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