Monday, June 18, 2012

NHL To Take Over The Devils?

According to the New York Post, if Devils owner Jeff Vanderbeek fails to re-finance the team by a big August 14th deadline then the NHL plans to step in and freeze out the owner.

Vanderbeek says that he is close to a deal with a mystery investor to sell a portion of the team to raise money, he would keep majority control however.  Some speculate on the credibility of that though since September when the Devils missed a big payment in September Vanderbeek has said he was close on deals many times, however each came up short.

To learn more check out the New York Post story below:

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