10:35 AM EDT, Wed August 20, 2014
New York Islanders Rumors & News
It's definitely probably between $420 million and $548 million. Does that work for you? The third question around the announcement of the planned New York Islanders sale -- after "Who are these guys?" and "What are they going to do with/to the team?" -- is, "How much are they paying?" (However, I'd argue a more important third question is, "Can they afford what they're paying and still invest in the team?") The answer isn't clear yet. But the Post has some informed speculation: one league source said it would be safe to say it is in the ballpark of $548 million. That was the number...
Newsday 12 hours ago
Marc Anzalo doesn't know Islanders owner Charles Wang, but the Syosset resident is confident that Wang is a good guy "behind the scenes."
Newsday 13 hours ago
The popular response Tuesday was somewhere between "Yippeeee!" and "Here we go again." Islanders fans were ecstatic to hear that finally there was hope because the team will change hands. They are also realistic enough to know they felt exactly the same way when Charles Wang bought the team 14 years ago.
Newsday 14 hours ago
The two investors teaming up to buy the New York Islanders were Harvard roommates who went on to run corporate empires, one in America and the other in Europe.
Newsday 18 hours ago
A look at the Islanders ownership since the NHL awarded Long Island the franchise in 1972.
New York Post 20 hours ago
The saga of the Islanders’ ownership situation has seemingly come to a close, as Charles Wang has agreed to sell a majority stake of the struggling NHL franchise to a...
New York Daily News 20 hours ago
An Islanders representative confirmed on Tuesday afternoon that Charles Wang has reached an agreement to sell the team to Jon Ledecky, a former co-owner of the Washington Capitals and an investor named Scott Malkin.
Newsday 20 hours ago
Charles Wang has agreed to sell a minority stake in the Islanders to Jonathan Ledecky, a former co-owner of the Capitals, and investor Scott Malkin, the team announced Tuesday. Ledecky and Malkin will assume majority control of the team in two years.
New York Post Aug 16, 2014
New York Islanders owner Charles Wang may have thought history never repeats itself, but now he knows it does. Hedge-fund investor and former class-action lawyer Andrew Barroway sued him this...
Newsday Aug 15, 2014
Al Arbour, the coach of the Islanders during their Stanley Cup run in the early 1980s, is experiencing health problems, former general manager Bill Torrey told Newsday.
New York Post Aug 14, 2014
Former Islanders coach Al Arbour, who guided the franchise to four consecutive Stanley Cup championships in the early 1980s, is suffering from dementia, according to Bryan Trottier, a key member...
New York Post Aug 13, 2014
This could make for an uncomfortable family reunion. An adviser working for the hedge-fund manager who sued the New York Islanders for reneging on a deal to sell him the...
New York Daily News Aug 13, 2014
According to one of his former players, Al Arbour, the legendary former coach of the Islanders, is suffering from dementia. Newly hired Buffalo assistant Bryan Trottier revealed that Arbour is "going through a little tough time with dementia right now."
New York Post Aug 11, 2014
Islanders owner Charles Wang sank a $420 million deal to sell the money-losing hockey team to a Philly hedge fund honcho after learning about the $2 billion offer for the...
Newsday Aug 11, 2014
A Pennsylvania investment group led by hedge fund manager Andrew Barroway filed a lawsuit against New York Islanders owner Charles Wang Monday, claiming he backed out of an agreement to sell the team.