Found August 13, 2013 on Kukla's Korner:
from Stu Hackel of Sports Illustrated, There's no denying that the New Jersey Devils have been a very successful organization for most of the past two decades, with president Lou Lamoriello building three Stanley Cup championship teams and two other finalists. Few other NHL clubs have played that well during that time, but the Devils are now at a crossroads, drowning in red ink and attracting the interest of what could be a very significant ownership group. if the reports are accurate and the buyers are the owners of the NBA's Philadelphia 76ers, the Devils will have abundant resources at their disposal and lots of brainpower for using them. They're going to need all of it to solve the problems that have long plagued the franchise. As well as the Devils have done on the ice, they've remained a low-profile operation in the shadow of the nearby New York Rangers, a far less accomplished club since the Devils' first Cup, in 1995. Unlike its cross-river r...

New Jersey Devils on the Verge of New Ownership

A week after rumors emerged that the NHL would take control of the New Jersey Devils, it appears that the franchise will have a new set of owners in place by the end of the week. Tom Gulitti of The Record has reported that an ownership group led by Philadelphia 76ers owner Joshua Harris are nearing a deal to purchase the Devils from current owner Jeff Vanderbeek. The only hurdle...

Devils deal could be done by Thursday

The New Jersey Devils a National Hockey League franchise beleaguered by chronic financial uncertainty under its millionaire owner will likely have a new owner Thursday this one a billionaire according to two officials with knowledge of the deal. Both officials requested anonymity because talks were ongoing. One said the deal would be finalized Thursday officially ending Jeff Vanderbeek’s...

Todd Cordell: New Jersey Devils: A Look At 3rd Line Left Wing Options

You can follow Todd on Twitter @ToddCordell! The New Jersey Devils don't have a lot of roster spots up for grabs, but there are plenty of candidates for the one spot available in their top-9. Under the assumption Adam Henrique re-signs before October, the Devils will have eight of their top-9 forwards in place. Travis Zajac, Andrei Loktionov and Henrique, not necessarily...

Devils Announce Major News Conference

Following up to the post Paul made earlier about how the Cost To Buy The Devils could reach Well In Excess Of $300M the Devils Public Reltasions department has announced this evening that the Devils will be hosting a major news conference tomorrow (Thrusday, 15 Aug. 2013) at 11:00 a.m. EST. According to Tom Gulitti at Fire Ice: The official announcement will come in a...

New owners of the New Jersey Devils praise Lou Lamoriello’s ‘special sauce’

Lou Lamoriello is the New Jersey Devils. The team’s CEO, president, and general manager has been running the show in Newark since 1987. During his remarkably long and successful run, the Devils have missed the playoffs only four times and have three Stanley Cup championships. Outside of Martin Brodeur and maybe in a humorous nod, […]The post New owners of the New Jersey Devils...

Devils’ sale receives approval from NHL’s Board of Governors

The official announcement will come in a Prudential Center news conference at a 11 a.m. Thursday that a controlling ownership share in the New Jersey Devils and the lucrative operating rights for the arena have been sold to a group headed by investment banker Joshua Harris multiple sources told The Record. An individual with knowledge of the sale agreement said Harris’s group...

Todd Cordell: New Jersey Devils: Who Are Their Shootout Specialists?

You can follow Todd on Twitter @ToddCordell! One area the New Jersey Devils have enjoyed great success since the lockout is in the shootout. The Devils may not seem like a team that would do well in the skills competition when looking at their roster, but they've fared extremely well. Martin Brodeur is 2nd all-time in shootout wins, Johan Hedberg is among the top goaltenders...

Todd Cordell: New Jersey Devils Sale Nearing Completition

You can follow Todd on Twitter @ToddCordell! The New Jersey Devils ownership saga is nearing its end. A group headed by Philadelphia 76ers owner, Josh Harris, intends to buy the team and a sale could be completed within the next couple days, according to Tom Gulitti of the Bergen Record. Harris will pay off all of the Devils team debt as well pay back Andrew Barroway and...

Report: Harris could own Devils soon

A person familiar with the negotiations says Philadelphia 76ers owner Josh Harris will add the NHL's New Jersey Devils and the lease to their arena to his portfolio Thursday.

New Jersey Devils Announce New Owners, New Era of Hockey

By Kristin Tullo (@K_Tullo) AP After years of financial concerns swarming around the New Jersey Devils, the sale of the franchise as well as the operating rights of the Prudential Center to a group led by Philadelphia 76ers co-owners, Joshua Harris and David Blitzer was announced Thursday morning. “I’m just excited,” Lamoriello said Thursday at the Prudential Center. “Over...

New Jersey Devils Sold to 76ers Owner Josh Harris for $320 Million

NEWARK, N.J. — The new owners of the New Jersey Devils are keeping long-time executive Lou Lamoriello in charge of hockey operations, bringing in a new business team and committing to make the three-time Stanley Cup champions an organization looked toward as a model of excellence. Philadelphia 76ers owner Josh Harris and business partner David Blitzer on Thursday bought the Devils...

Afternoon Line

"They want to give to the New Jersey Devils fans an off-ice experience, they want to make a commitment that [but] more important to me, a commitment to winning. They really know what is necessary to win and what it takes. Everyone wants to win but not everyone knows how. They're creative, they're intuitive and they want to get an edge in every way they can. I'm comfortable...
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