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Devils confirm ‘major news conference’ for Thursday

Aug 14, 2013, 7:38 PM EDT

prudentialcentergetty Getty Images

The New Jersey Devils announced that they’ll hold a “major news conference” at the Prudential Center on Thursday at 11 a.m. ET. One can basically take this as a confirmation that the team is being sold to Josh Harris and David Blitzer, a pairing who also own the NBA’s Philadelphia 76ers.

(Blitzer’s involvement comes from the Bergen Record’s Tom Gulitti, who notes that current majority Devils owner Jeff Vanderbeek will still hold a minority share in the team.)

As you can read in this post, reports indicate that the sale – which also includes the operating rights to the Prudential Center – comes in at more than $320 million. Thursday’s press conference may or may not confirm that number.

Either way, it appears virtually certain that the Devils’ ownership situation will be officially straightened out.

  1. 950003cups - Aug 14, 2013 at 7:47 PM

    NICE!!

    I wonder if they’ll announce the acquisition of Brunner as well.

  2. 950003cups - Aug 14, 2013 at 7:47 PM

    or Kovalchuk is coming back now that his salary can be afforded?

  3. newyorkshets - Aug 14, 2013 at 8:21 PM

    They’re announcing Wrestlemania!

  4. pkswally024 - Aug 14, 2013 at 8:41 PM

    As though of on WIP. Both franchises will soon be on their way to Seattle.

    • nj666 - Aug 14, 2013 at 9:46 PM

      Figures an idiot who listens to WIP would think that.

      • pkswally024 - Aug 15, 2013 at 3:59 PM

        oh yeah, extremely idiotic. lets keep the trolling to a minimum tough guy.

  5. quizguy66 - Aug 14, 2013 at 10:00 PM

    I seem to recall these deals put the value of the team as a whole. I.E. the “$320 million” price values 100% of the Devils and arena operating rights. If Vanderbeek keeps, say 5%, that’s 5% of the $320 million that doesn’t change hands as I understand it.

    Good day for Devils fans tomorrow and overall a lot less harrowing than the fans in Phoenix have unfortunately had to deal with.
    -QG

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