What is the MOST IMPORTANT attribute a player must have when you consider choosing the NHLs Hart Memorial Trophy winner?

Team Playoff Appearance
Team Presidents Trophy

Heads Up - Blogs

Heads Up - Darren Dobber

Top 10 Fantasy Hockey Iron Men

September 09, 2014

While there’s always lots of frustration when dealing with Band-Aid boys, there’s not enough respect...

Read article

Hockey News

NHL approves sale of New York Islanders

Wed, 01 Oct 2014 16:38:31 +0000

Cesar Tordesillas - 4E Sports Contributor

New York, NY, United States (4E Sports) - The sale of the New York Islanders to a group led by former Washington Capitals owner Jonathan Ledecky and London-based investor Scott Malkin has been unanimously approved Tuesday by the NHL Board of Governors.

The sale has not been finalized, but Commissioner Gary Bettman anticipates the documentation of the sale to be completed next week.

Under terms of the agreement, current owner Charles Wang will continue as majority owner until 2016 before transitioning his shares to a minority stake.

The two-year wait was to help the franchise's move from Nassau Coliseum on Long Island to Brooklyn's Barclays Center in the 2015-16 season.

Wang had initially agreed to sell the team to hedge fund manager Andrew Barroway for $420 million but backed out.

Barroway alleged that Wang wanted to up the price after the Los Angeles Clippers sold for $2 billion.

It was reported that Wang agreed to sell the team to investment firm Peak Ridge Capital on July 28, the same day he supposedly asked that Barroway for a $548 million price-tag.

Article © AHN - All Rights Reserved