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Report: Investors negotiating stake in Devils

Jun 18, 2013, 10:29 AM EDT

Devils fans

Yesterday, we passed along a report from the New York Post that the New Jersey Devils were back in financial choppy waters.

Today, the Post has an update on the situation, including news that a couple of familiar names may be ready to invest in the club:

The deal under discussion with ex-Tampa Bay Lightning owner Oren Koules and former pro hockey player Brian Lawton would allow the pair to take eventual ownership of the cash-strapped franchise if they cover losses beyond a certain point, according to sources.

“A deal is not far off,” one source said.

However, current Devils owner Jeff Vanderbeek could remain in charge if he turns around the team’s finances in the next few years, a source said.

There are more financial details in the story, if you’re curious. From a hockey standpoint, it will be interesting to see if this affects the team’s ability to re-sign unrestricted free agents like Patrik Elias, David Clarkson, Marek Zidlicky and Dainius Zubrus.

  1. pastabelly - Jun 18, 2013 at 11:14 AM

    Bring this guy in.

  2. DED - Jun 18, 2013 at 12:10 PM

    I wouldn’t be surprised if all four of those players walk only because the financial situation seems so messed up.

  3. 950003cups - Jun 18, 2013 at 3:07 PM

    Jason: Not a very good idea to be quoting articles from Josh Kosman. He’s a hack, and by proxy, that makes you as hack as well.

    If you looked in yesterdays posts on your article, you’ll see that it was already known the Devils had partners coming in soon.

    So, when I say Oren Koules and Brian Lawton are not involved in a deal with NJ Devils, maybe you can stop quoting that Kosman fool.

    Here are some quotes from Tom Gulitti of the Bergen Record from YESTERDAY (6/17/13) about Kosman’s BS hack job:

    “The Devils were one of the teams that did not lay off anyone during the lockout. A lot of teams did lay off employees. The league itself went to four-day work weeks for its employees. Yet, the Devils did not do any of that.”

    “The NHL did not loan the Devils money”

    “You’re going to hear two names tomorrow about potential Devils’ partners, Brian Lawton and Oren Koules, formerly of Tampa Bay. Told neither is involved with Devils”

    Try getting involved with Tom Gulitti on some level when talking about the Devils

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