The Islanders' Dilemma: The Bizarre Ownership History of Charles Wang

In the grand tradition of larger-than-life New York sports impresarios, Charles Wang is running his organization his way. He has never apologized for his approach to building a business. Whether in sports or in the computer world, Wang has gone about it in an unorthodox manner. Questionable decisions are nothing new for Wang's Islanders, as the New York press has deemed the team's front office as "The Long Island Lunacies." For years, Wang has employed Mike Milbury to run his hockey franchise, once considered the worst general manager in the NHL. He traded away star G Roberto Luongo for basically a bunch of unknowns, and then advised Wang to sign C Alexei Yashin to a 10-year, 87.5 million dollar contract in 2004 and G Rick DiPietro to a 15-year, 67.5 million dollar contract in 2006. (Read the rest after the jump)