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.”
Aug 29, 2015, 7:30 PM EDT
Columbus bet heavily on him this summer.
Aug 29, 2015, 6:00 PM EDT
Just making the postseason would be seen as a good season, but perhaps the Blue Jackets are in position to do more.
Aug 29, 2015, 4:30 PM EDT
Carey Price leads the pack.
Aug 29, 2015, 3:00 PM EDT
This will be his first full season as a pro.
Aug 29, 2015, 1:30 PM EDT
They’ll be paying him like one.
Aug 29, 2015, 12:00 PM EDT
“We did lose a great man.”
Aug 29, 2015, 10:30 AM EDT
The Blue Jackets have to hope for better health this season.
Aug 29, 2015, 9:00 AM EDT
Looking to bounce back after an injury-ravaged campaign.
Aug 28, 2015, 10:15 PM EDT
You know, the one injured on “that” slash from P.K. Subban.
Aug 28, 2015, 9:00 PM EDT
Which is great news for Dallas.
Aug 28, 2015, 7:45 PM EDT
The club’s top pick at this year’s draft.
Aug 28, 2015, 6:30 PM EDT
Former Avs and Habs goalie spent all of last year in the AHL.
Aug 28, 2015, 5:15 PM EDT
Yet another NHL club hiring a fancy stats guy.
Aug 28, 2015, 3:55 PM EDT
Scored a career-high 19 goals and 40 points last year.
Aug 28, 2015, 3:00 PM EDT
Former Panthers, Devils head coach takes over a team that “hit a little bit of a rut.”
Aug 28, 2015, 1:40 PM EDT
After an up-and-down rookie year, he’s looking to solidify his spot.
Aug 28, 2015, 12:19 PM EDT
Legendary Isles coach had been battling Parkinson’s and dementia.
Aug 28, 2015, 12:00 PM EDT
Bit of an issue last season, if you’ll recall.
Aug 28, 2015, 11:00 AM EDT
From little-used backup to clear-cut No. 1.
Aug 28, 2015, 10:03 AM EDT
It all comes down to goaltending.
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