I think the story has a lot of truth to it and seems to line up with things that Forbes has been saying for a while as well. Pure and simple, it seems the devils are over leveraged and struggling to find a minority partner or way to pay down the debt to bring them back to a operable cash flow level. I like JVB as an owner but I think he is probably in over his head. Regardless this doesn't mean the team moves it just means that we might loose out on free agents like Parise while it all has to get worked out.
I'd be careful about assigning "a lot of truth to it" to any of this, based on Forbes backing up the Post. Everything that Forbes is getting on this is coming straight from the Post already, so it's a circular reference.
Like Chuck the Duck talked about above, team owners are extremely secretive about their financial states, to the point of paranoia. I understand and appreciate the "where there's smoke theirs usually fire" thing, but everything about this can be attributed to a single reporter (Josh Kosman). Yea, it's being regurgitated by a handful of other outlets, but it's still all from a single source (and Kosman refuses to reveal his source, like it's Deep Throat or something ). So... yea, grain of salt.
I have yet to see or hear about anything having to do with payroll, so my level of caring about this is minimal. I'm keeping an eye out about it, like everyone else, but other than that I refuse to worry about it.
Oh, and of course the MSG deal is worth millions. It'd probably be worth more on YES, since the Devils would be more independent of the Rags. Plus, there's already an historical association between the Devils and YankeeNets, so it'd kinda make sense to me. But that's all my own dreaming about what I'd like, not anything substantive. At least the Devils aren't with SportsChannel any longer.