Kukla's Korner Hockey
Report- Devils For Sale
by Paul on 02/01/11 at 01:32 PM ET
Comments (9)
via Michele Steele tweet,
BREAKING: NHL’s Devils for sale - person familiar tells Bberg News Devils owner Vanderbeek has hired Moag & Co to oversee sale
Michele works for Bloomberg and more tweets on this story…
added 1:35pm, via Curtis Eichelberger of Bloomberg,
Vanderbeek has hired investment bank Moag & Co. in Baltimore to oversee the sale of the National Hockey League club, and has sent out letters to prospective buyers soliciting interest, said the person, who has seen the letter and requested anonymity because the team hasn’t given him permission to discuss it.
In an e-mail, Vanderbeek said he was traveling and wouldn’t be available to talk until later today
added 3:20pm, via Craig Custance tweet,
Have been told now by multiple sources that the Devils ownership sale story isn’t accurate.
added 5:35pm, from Tom Gulitti of Fire & Ice,
“As Managing Member of the New Jersey Devils, it is not my desire to sell the team,” Vanderbeek said in the statement. ” My partner, Brick City, and I have different visions for the franchise. While Brick City has a right, under our partnership agreement, to explore a sale and Moag and Co. has been retained to assist in these effort, I anticipate maintaining a controlling interest.”
Filed in: NHL Teams, New Jersey Devils | KK Hockey | Permalink
Comments
Phoenix, Buffalo, NJ, isn’t Atlanta in a ownership mess too?
Great job, Gary.
Posted by HockeyinHD on 02/01/11 at 03:08 PM ET
I can see it, Vanderbeek says, ” We must get Kovulchuck no matter the cost!” in his mind going “Then I can sell, sell, sell!”
Posted by SnLO from the slopes of the Hindu Kush on 02/01/11 at 03:21 PM ET
Good news for Zach Parise to hit the open market. Arnott may as well go somewhere else now too.
Posted by TheFreak on 02/01/11 at 03:34 PM ET
Way to go Gary, all these owners must feel really confident about your leadership. You can add St. Louis, Dallas, and Colorado to the “For Sale” clubs. Now you’re gonna figure you’ve got to hit a home run with the next CBA. I’ll bet on Fehr, Go back to basketball.
Posted by wolverine on 02/01/11 at 03:57 PM ET
I feel bad for Lou…accoridng to speculation he basically got railroaded into the Kovalchuk deal by Vanderbeek. Now the club is practically maxed out, will likely lose one of the best young stars to come out of the organization in Zach Parise.
They had to fire the coach, bring an old one out of retirement for a third tour of duty. Now Vanderbeek wants to sell the team.
Posted by lordhogie from Calgary on 02/01/11 at 04:23 PM ET
added 1:35pm, via Curtis Eichelberger of Bloomberg,
added 3:20pm, via Craig Custance tweet
Jeebus, they’re both fairly credible sources. Which one’s right?
Posted by SYF from the bottom of my, what, 11teenth pint of Guinness? on 02/01/11 at 04:38 PM ET
Phoenix, Buffalo, NJ, isn’t Atlanta in a ownership mess too?
Great job, Gary.
Billionaires get sick of their toys, sometimes. The only one of those things that’s Bettman’s fault is Phoenix.
Posted by StevieSteve on 02/01/11 at 04:50 PM ET
Absolutely. These guys get carried away with hockey. Maybe their kid or kids get interested then the novelty wears off. These kind of owners exist in all sports. His meddling caused Lou to make a bad move. Hopefully the new owners have more sense. At least hockey doesn’t have the Wilpons.
Posted by 13 user names on 02/01/11 at 07:29 PM ET
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Well, this came out of nowhere…and just barely out of the Gary.ASSG weekend.
Posted by SYF from the bottom of my, what, 11teenth pint of Guinness? on 02/01/11 at 02:39 PM ET