from Josh Kosman of the NY Post,
The New Jersey Devils are again skating on very thin financial ice, The Post has learned.
The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a source with direct knowledge of the situation said.
The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise.
“How can you do a restructuring Dec. 31 and default in April?” the source said. “It’s astounding.”