Originally posted on Puck Drunk Love  |  Last updated 2/16/13
According to a story seen in the New York Post, New York Islanders owner Charles Wang is looking to sell the team. Sources have apparently told the NY Post that Wang has been in talks with an investment bank in Manhattan (The Raine Group) in regards to selling the team.  The Islanders have denied the rumor, but this is certainly a topic worth discussing.  Like with any rumor that we talk about here on PDL, consider the source and consider the fact it is just a rumor. We can all have fun discussing and analyzing, but don't consider this report/rumor factual until other more trustworthy sources confirm it.  The report from the NY Post claims that Wang has quietly let on over the past few years that he is open to selling the team, though there hasn't been any dialogues between Wang and prospective buyers.   Realistically, this might be the first time Wang would be able to sell the Islanders if he truly desires. The team has been losing money and failing to draw large crowds for years. Now that Wang has the team ready to play in a new arena - the Barclays Center in Brooklyn - it's safe to assume that attendance and revenue will improve, thus making the team look more attractive to a potential investor / buyer.  It's been rumored Wang wants a price around $300 million (pause for laughter).  [follow]
Ios_download En_app_rgb_wo_45

Auburn legend Bo Jackson using Heisman vote for Alabama star

Gronk: Tom Brady doesn't age, seems like he's in his 20s

Cam Newton says Greg Hardy was a 'great teammate'

Ohio State plans to end Mirror Lake jump tradition after death

WATCH: Jason Kidd ejected for swiping ball out of ref's hands

Brad Stevens: Celtics had 'real conversations' after loss to Hawks


Les Miles unsure about his future at LSU

Saban will not rule out Kenyan Drake for Iron Bowl

Andre Drummond responds to Khris Middleton saying he doesn’t like contact

Lacking Jazz: Why Utah’s offense has struggled this season

Magic to bench Victor Oladipo, start Channing Frye

10 unheralded NFL players set to make a major impact in Week 12

Brady: Few have more respect for Peyton Manning than me

WATCH: Marcus Foligno flips Carter Hutton

Blaine Gabbert was only person at his press conference

Report: Alabama DC Kirby Smart a front-runner for South Carolina job

Kristaps Porzingis really wants to meet Turtle from ‘Entourage’

Top storyline for each Week 12 NFL game

WATCH: Ref injures Yakupov's leg by pulling him down

Ryan Fitzpatrick shaves beard to ‘switch up the mojo’

Bedlam is bigger than ever, but which team will be better than ever?

5 outrageous predictions for Week 12 of the NFL season

How the Detroit Lions became the face of football on Thanksgiving Day

The 10 most disappointed fan bases of the 2015 college football season

Jimmy Butler wants Mason Plumlee to pay his $2,500 fine

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

Top storyline for each Week 12 NFL game

Top 10 matchups for Week 12 of the NFL season

The 10 most disappointed fan bases of the 2015 CFB season

Gronk: Takes mental toughness not to overeat on Thanksgiving

Blue Jays fans create website in effort to keep David Price

The five most overrated teams in the Week 13 coaches' poll

10 storylines for Week 13 of the college football season

Ranking the 10 best games of 2015 college football rivalry week

Examining the Mavericks' hot start

Johnny Bench(ed): Manziel demoted to third string

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker