Found November 22, 2011 on
from Josh Kosman of the NY Post, Billionaire investor and hockey enthusiast Nelson Peltz is weighing a plan to buy the $250 million in debt of the troubled New Jersey Devils, a source close to the situation told The Post.
The plan being discussed by Peltz, whose Triarc Companies owns Wendy’s, includes lining up an equity investor to buy the money-losing NHL team should the current team owners fail in their talks with lenders to restructure the debt, according to one person who has spoken with Peltz about the plan in recent weeks….
Peltz may be the richest New York hockey fan.
The 69-year-old trained his sons hard on hockey. He has an enclosed ice rink in his Bedford, NY, estate, along with a Zamboni machine. In a 2007 interview, Peltz said that for his kids it was “gym, ice and homework.”
If Peltz’s debt plan succeeds, he would like to announce a deal during the Jan. 28-29 All-Star weekend, the source close to the situation said.
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Billionaire investor, hockey enthusiast and Wendy's owner Nelson Peltz is weighing a plan to buy the New Jersey Devils' $250 million debt, a source close to the situation told the New York Post Tuesday.
The plan being discussed by Peltz, whose Triarc Companies owns the fast-food chain, includes lining up an equity investor to buy the money-losing NHL team should the current...
"Play until the final whistle blows."
It's been a saying in sports for years. Don't give up, don't stop playing until the final whistle. But for the New Jersey Devils, last night was an example of what happens when you stop playing after two periods.
New Jersey held a 3-0 lead early in the first period, but then Florida scored four unanswered goals between...
Cleared by doctors, center has skated in New Jersey last two days
The Devils announced they have assigned forward Eric Boulton to Albany (AHL) for conditioning.
Boulton will suit up for Albany this weekend. They visit Rochester on Friday, Adirondack on Saturday and Springfield on Sunday. The A-Devils (9-6-1-...
GM Lou Lamoriello will address media
Pete DeBoer looking for energy from Sestito
Travis Zajac could be back at practice by mid-December, according to Devils President/CEO/GM Lou Lamoriello, who updated Zajac's status this morning.
"He has been released by the doctors, he is in town, he skated yesterday morning here, a...
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Zach Parise knows the Devils have to play better with the lead.
They've jumped out to 3-0 cushions in each of their last two games only to watch them evaporate. Saturday in Tampa Bay, the Lightning closed to within a goal, 3-2, before the Devi...
Rod Pelley back in New Jersey lineup
Two friendly wagers on who'll score more points
Columbus Blue Jackets vs. New Jersey Devils
RECORDS - CBJ: 5-13-2 (Road: 1-7-1), NJD: 10-8-1 (Home: 4-3-1)
WHEN: Nov. 23, 2011 - 7 p.m. | WHERE...
The New Jersey Devils will aim for a third straight win in the finale of a five-game road trip, as they visit the first-place Florida Panthers for tonight's battle at BankAtlantic Center.
Defenseman suffered cut lip, bloody forehead