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The Devils Minority partners are looking to sell their share.


ghdi

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Breaking on Twitter.

"BREAKING: NHL's Devils for sale - person familiar tells Bberg News Devils owner Vanderbeek has hired Moag & Co to oversee sale"

http://twitter.com/#!/MicheleSteele/status/32501002494021633

Bloomberg News article

http://www.bloomberg.com/news/2011-02-01/devils-owner-vanderbeek-said-to-be-seeking-buyer-for-nhl-team.html

Chere article stating the Devils will issue a statement that the team is NOT for sale

http://www.nj.com/devils/index.ssf/2011/02/devils_will_issue_statement_sa.html

Edited by ghdi
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Not surprising as there have been rumors since the Lehman incident, that Vanderbeek took a significant personal hit. The news breaking now probably means the sale would look to happen over the summer before next season.

I can't see the NHL approving any new owner moving the Devils, so let's drop that fantasy right here and now. The Devils have grown into a fairly stable and marketable entity, especially when compared to a lot of other teams (Coyotes, Thrashers, Panthers, Islanders and a few others like the Lightning and Blues who have had continual ownership or money issues, gate attendance, etc).

I wonder what this means for Lou. Likely retirement sometime soon, probably sooner rather than later. I'm all for a new owner if it means preventing Chris Lamoriello from inheriting the GM spot.

This does add a wrinkle into the Parise situation most certainly.

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does this just about screw us over in getting parise locked in? that's my major concern. we're not going anywhere...but this could be a huge mess all around. what a year to forget.

It doesnt completely screw us out of Parise, but its going to make it INCREDIBLY harder to lock him up, not that it was an easy thing to begin with.

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