Aug 9, 2013, 5:23 PM EDT
If a report from FOX 29’s Howard Eskin (Philadelphia) is accurate, the New Jersey Devils could have themselves a new owner very soon.
Eskin tweets that billionaire Joshua Harris, the managing owner of the NBA’s 76ers, has agreed on a purchase price to buy the Devils from current owner Jeff Vanderbeek. That purchase price would apparently cover Vanderbeek’s debt, which has been reported in the neighborhood of $230 million.
If Harris (and his investment group) do end up buying the Devils, it has to be considered good news for fans of the financially-troubled franchise. According to Forbes, Harris — the co-founder of private equity firm Apollo Global Management — is worth $2.1 billion.
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- Devils sign Greene to five-year, $25M extension 10
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 42
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 54
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Report: Trottier to join Sabres’ coaching staff 19
- Blues sign former eighth overall pick Mueller 31
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center 45
- Eric Staal has surgery to repair ‘core muscle injury’ 6
- After not seeing ‘eye-to-eye’ with Carlyle, Reimer will compete for No. 1 gig 16
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (54)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (45)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (42)
- Richards: If not for the cap, half the league would want to play for Hawks (36)