REPORT- Devils for Sale? Not quite. - See Update #4
Michelle Steele of Bloomberg.com tweets that Jeffrey Vanderbeek has hired Moag and Co. to help oversee the sale of the New Jersey Devils. More to come later.
Update- ILWT user Thetrapezoidconspiracy has found a link to a story about the sale.
Update 2- Tom Gulitti confirms on twitter that the Devils are for sale Is not sure if the Devils are for sale, so we do have official confirmation of some sort.
Update 3: Crag Custance of Sporting News tweets that the story is false .
Update #4 - John here. Jeff Vanderbeek put out this statement affirming he's not selling the team, reported here by Tom Gulitti. It's Mike Gilfillan who is selling his stake.
over 1 year ago
Kevin Sellathamby
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When’s the next Jersey Tour?
I bet fans have some questions…
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
Dear Prospective Owner
Please pay no attention to the empty seats or the fact that the team will need to shell out 9 figures to keep it’s best player.
I wonder if Cory Booker can convince Mark Zuckerberg to buy the Devs.
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Then we could have the next Mark Cuban!
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Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 1:28 PM EST up reply actions
As of the beginning of last season, the team was worth $223 million. So it’s probably around there now.
Can I post date you a check, Jeff?
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
This article doesn't have a date
But it does indicate 2010 and $128M.
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Sorry, dyslexia, 218M
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Is it wrong that I don’t get excited yet since Gulitti or Chere doesn’t have anything yet?
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
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by John Fischer on Feb 1, 2011 1:30 PM EST via mobile reply actions
I like playing the ‘who will tweet it first’ drinking game. I am sad my efforts to combine them into one entity known as Chulitti hasn’t caught fire.
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Chulitti, funny. I guess Gulere sound either too much like a cheese, or a character from Lord of the Rings (Lord of the Cups?).
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Well I don’t know how many insiders they have on the business side of the team or sports in general. It’s a just a rumor for now. Steele is a sports business writer so it’s possible (anything is possible really), so I see your point. This isn’t anything but a rumor unless it’s from the Devils.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 1:43 PM EST up reply actions
Hate to say this, but “told you so.” I had a feeling, once Vanderbeek signed Kovalchuk, I felt like he was trying to market them and set them up for sale. He doesn’t want a rebuild if that’s what might happen.
Now, I have a feeling Mikael Prokhorov buys them. Kovalchuk, Zharkov, Volchenkov, Vasyunov, he’s got the Russian foundation he’d like.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
Told you so? When did you say such a thing?
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
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by John Fischer on Feb 1, 2011 1:33 PM EST via mobile up reply actions
The day Kovy was signed here, I said I thought Vanderbeek would either sell right away or be in it for decades. I figured Prokhorov would be a logical choice.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:38 PM EST up reply actions
Maybe not exactly when Kovy was signed, but he did mention it in this fan post; last paragraph before the jump.
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OK then, it’s an “I saw it first” rather than an “I said it first” :-)
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The graph isn’t what I was referring to. My Prokhorov speculation started July 19th, the day (I think) Kovy signed the faux-17 year deal. That post is from December.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:09 PM EST up reply actions
K. I was trying to back you up anyway. That was the first mention of Prokhorov by you that I could find in the ILWT archives. I may have missed an earlier one…
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and on July 1st, introducing your newest Devil… ANDREI MARKOV!
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Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 1:33 PM EST up reply actions
I'd rather have
Alexander Ovechkin or Sydney Crosbyov.
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I was just saying Markov because he’s UFA at the end of the season and Russian.
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Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:04 PM EST up reply actions
I was just making a joke anyway. I didn’t even know Markov was still playing.
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He’s out for the season, that’s why you don’t hear anything about him.
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Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:10 PM EST up reply actions
Sergei Zubov for HC?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:11 PM EST up reply actions
No
Vladislav Fetisov, with Sergei Starikov and Alexei Kasatonov as his assistants.
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Purdential Center changed to Majorska Vodka Arena
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:13 PM EST up reply actions
Okay, then, Zubov is the GM.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:14 PM EST up reply actions
I like this. Now Matt Duchene will ask for a trade to NJ so he can feel the effects of the vodka from last night more often.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:16 PM EST up reply actions
In related news Vladimir Zharkov and Alex Vasuynov have both been signed to 10 year $50MM extensions.
In Lou We Trust: SBN Blog of the New Jersey Devils
by Tom Stivali on Feb 1, 2011 2:18 PM EST up reply actions 1 recs
hmmmm
That one’s not listed here. I’d vote for Stolichnaya anyway.
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Because it’s made in Edison or somewhere in the Metro area. lol. If it’s on the back of NJ Transit bus as an advertisement, it’s not quality Russian vodka.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:24 PM EST up reply actions 1 recs
LOL! rec'd
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
"I was in the moment, and the moment said smack you." - Bruce Willis
Making a $100MM committment over a 17 year period doesn’t usually help in finding prospective purchasers of a sports team.
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Thanks, I guess I still refuse to believe the original deal was negated.
In Lou We Trust: SBN Blog of the New Jersey Devils
aaaaaah
That’s the real reason JV wants to sell the team. That $3M fine has to be real money….
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If the new owner wants to built around Zharkov and Vasyunov? Really? Maybe in the KHL. Maybe once Vas or Zharkov scores 20 goals in the AHL we can start talking.
In Lou We Trust: SBN Blog of the New Jersey Devils
I didn’t say build around, they are Russians. They are on the team.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:47 PM EST up reply actions
You said he had the foundation he would like as if players like Zharkov/Vasyunov would be the keys to him buying the team.
In Lou We Trust: SBN Blog of the New Jersey Devils
Okay, so allow me to adapt the meaning of that……
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:50 PM EST up reply actions
Here’s an article on Bloomberg saying the same thing.
by TheTrapezoidConspiracy on Feb 1, 2011 1:32 PM EST reply actions
Thanks, I saw the tweet before the article. I added the link to the post.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 1:37 PM EST up reply actions
Lou's Stock Media Answer
Will it be ‘status quo’? Will it be ‘I have no information on that at this time’? Will it be ‘totally untrue’?
In Lou We Trust: SBN Blog of the New Jersey Devils
Well that just made finding the funds for a Parise contract a LOT harder…
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
Oh, and mark my words, you saw it here first: Lou’s gone after this year, forgetting his extension.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
dude, you don’t have any idea what’s going on. why don’t you sit the next couple of plays out.
by Triumph44 on Feb 1, 2011 1:39 PM EST up reply actions 10 recs
Brilliant
I wish mobile users could give rec’s.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
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by John Fischer on Feb 1, 2011 1:50 PM EST via mobile up reply actions
I did one for you.
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He didn’t sign a superstar to a 15-year deal that year, did he?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:44 PM EST up reply actions
I’m not sure I follow your logic. Vanderbeek signs Kovalchuk, Vanderbeek finds new owner, so Lou leaves?
Lou hasn’t been the same mastermind since the salary cap came in the post-lockout. Lou doesn’t like the new rules about defensive penalties, nor the trapezoid, he tries to build a defensive team around offensive players and a D-corp that has as much experience as…well, you get the point. He didn’t want Kovalchuk, I don’t care what anyone says. There is no way Lou Lamoriello would have re-signed Kovalchuk under his own supervision.
Now, I am almost confident in saying Mikael Prokhorov buys the Devils. Prokhorov’s Nets have already attempted to lure in NBA stars, of course, they’re failing miserably so far, but the defense of the past is farther away. Defense doesn’t win Stanley Cups, offense does with the right #1 defenseman.
If I had to guess, and despite certain accusations on here, I seem to guess right at these things, Lou’s son becomes GM or ownerships finds a new guy. I don’t think Lou wants a part of the future. That’s my opinion.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:56 PM EST up reply actions
that’s your opinion, based on absolutely nothing.
if prokorhov was going to buy the devils, why would the devils hire someone to look for buyers, or even announce that the team is for sale?
Oh I don’t know…to maximize profit??
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:06 PM EST up reply actions
I am tempted to check the HF Boards to see what crazy Parise trade ideas have developed.
In Lou We Trust: SBN Blog of the New Jersey Devils
In all seriousness, that did add a major X-factor in the Parise situation, because where’s the financial backing to give Parise a 6-7 or more year deal for another $50-70M? Kovalchuk is owed the greater part of $100M, then you’re going to add another “big” contract? This isn’t TB…
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:46 PM EST up reply actions
THIS IS SPARTA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11111
/Kicks NJdevils33 into the pit of death
But in all seriousness, you’ve gotta Keep in mind Parise’s a RFA, meaning if teams want to throw tons of money at Parise because the Devils can’t, they’re going to have to realize that 1) this guy is coming off a serious injury and he might not be the same explosive player and they’re going to give up multiple 1st rounders for a player, and they could end up in the same situation as Toronto is in w/ Kessel and their trade.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 1:55 PM EST up reply actions 1 recs
Reasons why I don’t think this will happen:
JV is a Jersey guy. He’s part of the redevelopment program in Newark and has done countless things around the state. He owns a number of other Devils related businesses (Devils Arena Entertainment, and most of those eateries around the arena I believe). Jersey Tour was a big thing for an owner to do, why back out now? I think he has too much committed to just sell them, and honestly this puts the Devils in a very tough position with Kovy’s contract, and Parise’s contract talks coming up.
Reasons why I think this will happen:
He’s a stock market guy. He bought the team in 2004 for $125 million. He’s almost doubled that. Maybe he sees an opportunity to sell his stock at it’s highest amount. Will the value of this team increase or has it reached it’s peak? Maybe he doesn’t like what’s going on with the team, with Lou, with this season and simply wants out (or someone else to go in on it with him). Kovy’s contract may have been too much for him after the fact.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
How much did Vanderbeek pay “out of pocket” for the PruCenter?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 1:57 PM EST up reply actions
I believe they agreed to invest $100 million in the arena at or right before the deadline.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:01 PM EST up reply actions
Reasons why I think it will happen (cont):
The ongoing rent dispute between the Devils and the Newark Housing Authority.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:00 PM EST up reply actions
Don’t forget he lost a couple of $100MM when Lehman’s stock tanked, and I am not sure if his lawsuit recouped any of the lost value.
In Lou We Trust: SBN Blog of the New Jersey Devils
I don’t think Vanderbeek ever really had a fortune, relative to people who own major professional sports teams. He probably lost a bunch in Lehman, and the Devils haven’t been making money. Bad time to get out though.
The arena has been making plenty of money.
I just had a silly thought: doesn’t Jeff technically lead an ownership group? Perhaps this a group issue more than a Jeff issue?
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
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by John Fischer on Feb 1, 2011 2:07 PM EST via mobile up reply actions
i’d be genuinely surprised if the arena has been making ‘plenty of money’. they are dark way too often for that to be the case.
They’ve been getting a lot of events and performances. The Nets and Liberty are here for two years. The NCAA Men’s East Regionals. They ranked 24th in world ticket sales for arenas and 11th in the US. That’s remarkable and that’s money.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:18 PM EST up reply actions
That too. Forgot about that.
I know the last three season, the team hasn’t really made a profit. I think they lost around million each the first two years and I think Gulitti reported that the team made a slight profit last season.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:05 PM EST up reply actions
Wow this is really dumb, thanks vander——
by whatjusthappened on Feb 1, 2011 2:01 PM EST reply actions
I hope the Devils don’t try to move to Nashville again!
So this is what it's like to be an Islanders fan...
Well with all the quebec talk heating up I’m not really diggin’ this
by whatjusthappened on Feb 1, 2011 2:10 PM EST up reply actions
Hamilton’s been mentioned, too. Winnipeg, maybe even Siberia…then Ovechkin would sign here.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:11 PM EST up reply actions
No way. The Devils have a lease with the city and the arena for about 20 years. It’s the reason why the Isles can’t leave and if they can’t break that lease with that franchise, the Devils are perfectly safe
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:12 PM EST up reply actions
What Ventolo said. Moving teams has proven difficult in recent years. Coyotes had problems with it too.
by Chris Calabrese on Feb 1, 2011 2:13 PM EST up reply actions
Seriously. If they can’t get the Islanders to move, NO ONE is moving.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:14 PM EST up reply actions
The only reason the Yotes even have a possibility of moving is because they used bankruptcy to break the lease. Not happening again.
http://twitter.com/knowsknothing
Agreed. 1. The Devils won’t go bankrupt. 2. An NHL team will never claim bankruptcy again after that debacle.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:21 PM EST up reply actions
The Isles TV contract gives them something like 25 million a year for the next ten years… its crazy.
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
Which leads to the question: why the heck are they operating on a shoestring budget?
I mean, they probably get 4 million from revenue sharing too… and we haven’t even gotten to merchandise and tickets yet.
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
They don’t get any revenue sharing because of the market they are in IIRC.
In Lou We Trust: SBN Blog of the New Jersey Devils
Not surprising, but that’s not how it works in the CBA. There must be a secret anti-Islanders clause. :)
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
Bettman can’t let them move. With all the pig headed stubborn-ness he has shown trying to keep the southern teams from moving, he would look like a hypocrite and confirm every bad thought everyone has had about him if he turns around and lets ANOTHER northern team move with out a fight.
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
"I was in the moment, and the moment said smack you." - Bruce Willis
That’s very pre-mature. Possible, yes, but pre-mature.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:15 PM EST up reply actions
no
1. First of all, this is nothing more than rumor right now.
2. Secondly, Parise’s an RFA, he can be retained
3. There’s a salary cap, No matter who owns the team, with even the current roster without Parise they’ll be near the top, so there’s really no reason to not keep Parise, unless he, shudder to think this, doesn’t return to form.
4. Parise has been quoted as saying things like he wants to stay. As long as he’s not Gomez-greedy, he’ll stay.
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But Ecklund said he’s going to get traded to Calgary!
So this is what it's like to be an Islanders fan...
That’s “he who shall not be mentioned” said …
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It’s ok. He spelled the name wrong.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:21 PM EST up reply actions
I still think Vanderbeek’s timing is interesting.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
When did Vanderbeek take over?
Joshd12
Brock University
BA. Sports Management, 2014
BA. Recreation and Leisure Studies, 2011
He bought the team in 2004 for $125 million
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:24 PM EST up reply actions
Wow
I have to say I am somewhat shocked. If its Bloomberg, I think its legit. What I find odd is that he did all this stuff this year with the Jersey tour, etc. Just did not seem like the actions of a guy who was not engaged. I suppose you could aruge it was to make the team more saleable, but there were other less involved ways he could do that.
I dont’ like the signal this is sending
The greatest accomplishment is not in never falling, but in rising again after you fall. - Vince Lombardi
by Devilssection21fan on Feb 1, 2011 2:22 PM EST reply actions
Updated the post- TG confirms the Devils are for sale.
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Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:22 PM EST reply actions
wait, reading error. he’s not sure if the rumors are true.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:23 PM EST up reply actions
That’s interesting. I think if he was sure, he’d have a quick story on Fire & Ice by now. He even posts reliable “reports.”
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:27 PM EST up reply actions
More of the same from Darren Dreger.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:28 PM EST up reply actions
Dreger says the league sources are refuting the sale is happening.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:28 PM EST up reply actions
Another question: there was talk that Vanderbeek was planning to build a complex adjacent to the arena for players/visitors in the land between the railroad and the Rock. Is that still…happening?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
It would depend on what exactly the terms of the sale were with regard to all of JV’s holdings.
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They are in the process of building Triangle Park which is going to connect the arena and Newark Penn. You must mean Gateway Center which is just north in between the station and arena.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:28 PM EST up reply actions
That’s why I said railroad and not Penn Station.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:30 PM EST up reply actions
Well the only current project on the NDCRC’s site is that. If it’s a big project in that area, it will most likely be on that site. It could be preliminary design.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:33 PM EST up reply actions
Solution
i just think everyone at ILWT chips in a million and we buy the team. Tell Lou to do whatever he wants.
Joshd12
Brock University
BA. Sports Management, 2014
BA. Recreation and Leisure Studies, 2011
That would make me wrong, and right now, I’d really like to be wrong…
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:32 PM EST up reply actions
I am not looking forward to being made fun of by rangers and flyers fans
Eli Manning doesn't need my faith, but he's got it anyway
I think the Rangers would welcome an ownership change.
In Lou We Trust: SBN Blog of the New Jersey Devils
by Tom Stivali on Feb 1, 2011 2:32 PM EST up reply actions 1 recs
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:32 PM EST up reply actions
Why? How many Cups have they won in your lifetime? 1? 2? Our “Mickey Mouse” of a franchise has the number of Cups combined of those two organizations since 1940, not to mention a pair of HOF defensemen, the winningest goalie of all-time and a world-class arena.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:33 PM EST up reply actions 1 recs
Anybody brave enough to make a call to Moag?
There’s contact info on their web site.
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They just sold me the Devils!!!
Oh, you mean you’re serious?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:34 PM EST up reply actions
yeah
Give them a fake name, say’s you’re from the Devils and want to talk to the account manager representing them in the Devils sale, see what they say…
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Should We Start Packing?
Assuming the team is sold sometime soon, what are the odds that the team will be moved to Canada? Bettman has always been committed to his expansion teams in the south and has been adamant about not relocating them. He hasn’t seemed too fond of his own home-state team recently and this wouldn’t be the first time rumors of relocation involving the Devils arose.
See above. Very valid points on a) the difficulty of moving a sports franchise, b) the lease on the Prudential Center and c) did I mention it’s REALLY hard to move a franchise? So hard, the Isles are still around, even the bankrupt Coyotes are still there for now.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:35 PM EST up reply actions
Uggh. See this
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:35 PM EST up reply actions
you linked back to this page
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
"I was in the moment, and the moment said smack you." - Bruce Willis
I linked to my comment on this page.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:37 PM EST up reply actions
he knows that
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 2:37 PM EST up reply actions
…faster than a Game thread.
Last time that happened?
“Ilya Kovalchuk signs 17-year contract with the New Jersey Devils…”
How did that turn out?
Hopefully this is nothing more than speculation that was falsely reported.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:38 PM EST up reply actions
If this happens, at least the team won’t get fined $3 million.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:41 PM EST up reply actions
no, Bettman will find a way to fine them $6M
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NP. Understandable.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:38 PM EST up reply actions
On a related note
The #Sabres have announced that Tom Golisano has reached an agreement to sell the team & its related companies – http://bit.ly/hwcUJE
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good for the sabres, they won’t be cheap. now hopefully that man buys the bills…
Joshd12
Brock University
BA. Sports Management, 2014
BA. Recreation and Leisure Studies, 2011
I’m fairly certain Rogers is getting the Bills because no one else seems to want them.
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
I don’t expect much will change. It needed to happen because of the New York-Golisano tax kerfluffle, otherwise, he was everything we wanted in an owner (not likely to be jailed, pays the bills, doesn’t ransack the team or move them to Hamilton.)
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
As Long As We Still Get Dollar Hot Dog Nights
I’m not sure I really care who owns the team. Maybe we’ve been pampered by good ownership. What’s an example of a bad owner ruining a team?
early 2000s Sabres. Our owner was carted off into jail and adopted a scorched earth policy in his wake. That good enough?
On the Mike Weber bandwagon (no longer with a lack of stupid boarding penalties!)
I thought it was mandatory to be a felon or potentially be a felon in order to purchase an NHL team.
In Lou We Trust: SBN Blog of the New Jersey Devils
Rich Chere believes enough to post the report on his site, if that tells you anything.
http://twitter.com/Ledger_NJDevils/status/32523872855134208
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
I know it won’t happen, but could you imagine if somehow Gary Bettman runs the team. Oh that would be disastrous.
Joshd12
Brock University
BA. Sports Management, 2014
BA. Recreation and Leisure Studies, 2011
You mean like not giving us the 1st overall pick, or worse yet, forcing Lou to surrender this year’s pick instead of giving the option?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:49 PM EST up reply actions
I was getting together a post with the Devils’ Vanderbeek’s chances of getting an All Star Game, a draft, or a winter classic here. I remember he mentioned it at a number of Jersey Tours. Oh well…
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:45 PM EST reply actions 1 recs
Devils’ & Vanderbeek’s*
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:45 PM EST up reply actions
I was hoping for a draft, and the other two were distinct possibilities too.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:46 PM EST up reply actions
The NBA’s draft is coming to the Rock. That’s a great test subject (it’s only 2 rounds).
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:50 PM EST up reply actions
That hardly counts. I meant a PROFESSIONAL league…
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 2:50 PM EST up reply actions
hahaha, nicey
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 2:54 PM EST up reply actions
I will
Only 10,899,998 more to go. Maybe we ought to go $100 each, then it’s only take 2,180,000 of us.
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Who do you think you are? the Green Bay Packers?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 3:04 PM EST up reply actions
hmmm
Sabres price is $20M over their Forbes 2010 evaluation of $169M. Could mean a Devil sale price of more like $240M. If it happens. So figure we need 2.4M fans to pull it off at $100 each. Maybe Vanderbeek ought to take the team public, sell shares of stock at like $50/share :-)
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The sale price includes $15MM of assumed liabilities according to LeBrun
In Lou We Trust: SBN Blog of the New Jersey Devils
Maybe it was a slow news day and that Bloomberg had nothing better to do than to write that story.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
Bloomberg reporter*
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 3:02 PM EST up reply actions
Craig Custance of Sporting News says that the story about the Sale is inaccurate
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 3:20 PM EST reply actions
That’s the guy who covers the Blues, right?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 3:21 PM EST up reply actions
Not that I know of. He covers the NHL though.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 3:24 PM EST up reply actions
Well then why would LeBrun be saying this? Parent company of the Devils tell me they’re going to produce a statement today.
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I think the statement’s about the story about the sale.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 3:27 PM EST up reply actions
I also feel that an apology is appropriate for my, well let’s just say, overreaction to the supposed “news” of the sale. I am, for one, frustrated with the falling out of this season, and I’ve seen a fair share of ownership changes in New Jersey as well since McMullen left. It was almost impulsive…some of what I said, and it does not represent my complete opinions. I do apologize, and I expect a mockery to derive from this. Go ahead.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
You didn’t start the rumor, just highlighted it in this forum. Based on the amount of activity in this thread in a short while, if you hadn’t someone else would have. I see no reason for mockery.
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You didn’t break any rules. You’re cool.
In Lou We Trust/Twitter
Nothing says "Be Mine" like a pounding heart beneath the floorboards.
by Kevin Sellathamby on Feb 1, 2011 3:29 PM EST up reply actions
Thanks, but I felt that was necessary.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 3:58 PM EST up reply actions
Per Chere, JVDB will refute story about sale.
http://www.nj.com/devils/index.ssf/2011/02/devils_will_issue_statement_sa.html
So this is what it's like to be an Islanders fan...
And from TG:
http://blogs.northjersey.com/blogs/fireice/devils_not_for_sale/
So this is what it's like to be an Islanders fan...
I just searched the complete
north jersey real estate and sporting goods for sale sections on Craigslist.com and did not find the Prudential Center or the New Jersey Devils there. Therefore obviously this is all a farce. Case closed.
"Look at my face. I came here to play a hockey game and look at my face." -Kris Draper
by HELLAWAITS on Feb 1, 2011 3:51 PM EST reply actions 2 recs
In a few instances, some people asked how long the lease agreement was between the Devils and the City. It’s not 20 years. That’s the agreement with Prudential financial. My fault. The agreement with the Devils is actually 30 years.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
from Pierre Lebrun's twitter
Real_ESPNLeBrun: Vanderbeek statement : ``As Managing Member of the New Jersey Devils, it is not my desire to sell the team. …’’
Real_ESPNLeBrun: ``… My partner, Brick City, and I have different visions for the franchise. While Brick City has a right, under our partnership …’’
Real_ESPNLeBrun: ``… agreement, to explore a sale and Moag and Co. has been retained to assist in these effort, I anticipate maintaining a controlling …
Real_ESPNLeBrun: ``… controlling interest, " said Jeff Vanderbeek, Chairman.
Vanderbeek statement: “As Managing Member of the New Jersey Devils, it is not my desire to sell the team. My partner, Brick City, and I have different visions for the franchise. While Brick City has a right, under our partnership agreement, to explore a sale and Moag and Co. has been retained to assist in these effort, I anticipate maintaining a controlling interest.”
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
So Brick City, a minority shareholder seems to be selling their share of the franchise. Fair enough.
In Lou We Trust: SBN Blog of the New Jersey Devils
"Hockey is the only job I know where you get paid to have a nap on the day of the game." - Chico Resch
by Matthew Ventolo on Feb 1, 2011 5:32 PM EST up reply actions
Probably more than 50.1%. I know that doesn’t help.
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 5:50 PM EST up reply actions
Key word in the statement is ‘anticipate’. If they get an offer they can’t refuse he is going to sell.
In Lou We Trust: SBN Blog of the New Jersey Devils
No. I think it means that I am not selling, unless someone gives me a boatload of money.
In Lou We Trust: SBN Blog of the New Jersey Devils
So Prokhorov could offer $450M, which would hardly dent his pocket, and Jeff would accept. Hey, wouldn’t you?
DownGoesAvery. Check out my sarcastic/comedic blog: Down Goes Avery and on Twitter (@DownGoesAvery ).
by DownGoesAvery on Feb 1, 2011 5:51 PM EST up reply actions
Yup. If the Brooklyn venue for the Nets hits a snag you never know what could happen.
My thinking is that VBK didn’t want Brick City to make this generally known to the public, but in efforts to raise awareness the firm retained by Brick City helped make the information available so that people know. Just a guess.
In Lou We Trust: SBN Blog of the New Jersey Devils
We can all buy the half the team :o
if we all chip in like $100, then ILWT can own the Devils with Vandy :o
by Bob595 on Feb 2, 2011 8:06 AM EST via mobile reply actions
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