The New York Islanders have been sold by current owner Charles Wang to an investment group led by former Washington Capitals co-owner, Jon Ledecky and investor Scott Malkin. Ledecky and Malkin have only purchased a minority stake of the team, leaving Wang in charge for the next two years.
Once the next two years pass, Ledecky and Malkin will become the full owners of the New York Islanders (Photo credit: Official New York Islanders/Flickr).
For years, fans had been clamoring for Charles Wang, the owner of the New York Islanders, to find a new home for the only professional sports team that exists on Long Island (Photo credit: michele cat/Flickr).
The Lighthouse Project came and went. The August 1st referendum came and failed. There were the ridiculous rumors of Kansas City, Ontario, and other places that never came to fruition. But one thing was certain: the New York Islanders were not going to be playing in the current Nassau Coliseum a day past the 2015 lease expiration date.
As another Islander season draws closer to an ending, it’s never too early to start thinking about the future (it’s what we do best on Long Island). Free agency will come and go and big-ticket names will be shuffled around in trades. And the one name hanging out there that appears ripe for the taking, Montreal defenseman P.K. Subban, just so happens to make a heck of a lot of sense for the team in Nassau.
The New York Islanders made history last night, playing the New Jersey Devils in the first ever NHL game in Brooklyn. Granted, it was only a preseason game, but the sporting event brought in many fans since this is the future home of the New York Islanders.
Unfortunately, the final result isn't exactly what everyone would have liked to see, a 3-0 loss to one of their top rivals in the Metropolitan Division. But as stated above, this was only a preseason game with rosters lacking regular skaters for two teams that are looking to shake off some rust and evaluate line combinations and prospects.
Any Islanders fan that has been at the Coliseum in the past couple of years will be able to support everything I am about to say.
It takes more than a house to make a home and the 2013 NHL season on Long Island continues to prove that.
Somehow, someway fans of every other team get their hands on boat loads of tickets creating an environment that wipes out home ice advantage.
This epidemic has been obvious in almost every home game this year. Every team from near and far, will fill the Nassau Coliseum with their loyalties and jerseys. The Devils, Flyers, Bruins and Leafs have all taken over the Coliseum recently.
How embarrassing was it for fans to watch hats rain from the ceiling when Toronto's Kadri netted his third goal to complete a hat trick on Thursday?
The NY Post published a story late last night on their web-site by Josh Kosman claiming that New York Islanders owner Charles Wang is looking to sell the team (Photo Credit: stayclassynet/Flickr).
According to the article, Wang has had preliminary discussions with a Manhattan investment bank called The Raine Group.
There have been rumors and discussions in the past on various hockey web-sites stating that Wang has been open to selling the team for somewhere around $300 million. However, the Islanders losing record over the years compacted with their massive financial losses may make that a tough price to sell.
Hockey is back and everything is right in the world of the NHL. Well, sort of. There are some sour faces on fans that feel betrayed by the shield. But pouty, angered people will quickly turn that frown upside down. Fans will forgive as soon as the first puck drops on January 19th. Who can hold a grudge with the game we all love so dearly?
As the new season rapidly approaches, there are some immediate questions that need to be tended to.
Who will the shortened season favor: the veteran teams or the young guns?
How will teams deal with the immediate pressure of each game meaning more than usual?
The long wait is over. The New York Islanders will finally have their new arena once the lease expires in 2015. It was announced today the team owner Charles Wang has signed a 25-year lease with Barclays Center Owner Bruce Ratner that will kick into effect for the 2015-2016 season. (Photo Credit: stayclassynet/Flickr)
Per the Isles official press release:
NEW YORK ISLANDERS TO MOVE TO BARCLAYS CENTER IN BROOKLYN
First NHL Team to Play Home Games in Brooklyn
BROOKLYN, NY (October 24, 2012) -- New York Islanders Owner Charles B. Wang, Barclays Center Majority Owner and Developer Bruce Ratner, and Onexim Sports and Entertainment announced today that the Islanders will move to Barclays Center in Brooklyn. The 25-year agreement begins for the 2015-16 season.