NHL to Possibly Take Over Devils

[chilly666]

Hockey is getting ready to freeze out New Jersey Devils owner Jeff Vanderbeek.

NHL Commissioner Gary Bettman is preparing to take control of the money-losing hockey franchise in the event Vanderbeek fails to refinance the Devils’ debt before a looming Aug. 14 deadline, The Post has learned.

In recent days, the commissioner’s office has told potential suitors to be ready in case he moves on the team and pushes Vanderbeek aside, a source close to the situation said.

Vanderbeek is near a deal to sell a majority stake to a mystery investor, which would allow him to keep control of the Eastern Conference champions, one source said. The proceeds from a sale would be used to repay lenders much of the $77 million in past due debt.

But while Bettman has said publicly that he expects the Devils’ financial situation to be resolved soon, his behind-the-scenes moves suggest he’s far from confident that a deal will get done.

Link

[canuck2]

what a mickey mouse organization.

[Bruins29]

The NHL should do everyone a favor and fold this franchise. Their pioneering of lockdown trap-hockey in the 90's has made the NHL the piece of crap it is today. What else would you expect from a team that plays its home games in Newark...the armpit of the Northeast.

[smashem]

And just to think they just made the finals, and they have a brand new arena. Cool

[flex_buff_chest]

Originally Posted by canuck2

what a mickey mouse organization.

edm - 13
njd - 4

[Whaler Fan]

They should move out of that dump in Newark like the Nets did. Maybe the fans in the new location would actually care.

[D Y B FLYERS]

For a team that has consistently been on of the best in the league, the fanbase and surrounding organization has been a joke for far too long now. Not really sure what the answer is.

[Janssen25]

Heeeeeere we go.....

Usual suspects at it again. Btw, I'm starting to realize why so many despise this retarded Bruins brigade.

I don't feel like explaining the whole situation for the millionth time but if youre misinformed or uneducated on the situation, please do us all a favor and not comment on it. You're just making a fool of yourself.

[canuck2]

Originally Posted by Janssen25

Heeeeeere we go.....

Usual suspects at it again. Btw, I'm starting to realize why so many despise this retarded Bruins brigade.

I don't feel like explaining the whole situation for the millionth time but if youre misinformed or uneducated on the situation, please do us all a favor and not comment on it. You're just making a fool of yourself.

so they are bankrupt.

thanks.

[NJD Oliwa]

LOL. The NY Post is to NJ Devils hockey as Ekulnd is to actual trade rumors.

[flex_buff_chest]

Originally Posted by Janssen25

Heeeeeere we go.....

Usual suspects at it again. Btw, I'm starting to realize why so many despise this retarded Bruins brigade.

I don't feel like explaining the whole situation for the millionth time but if youre misinformed or uneducated on the situation, please do us all a favor and not comment on it. You're just making a fool of yourself.

Explain to me please.

Why does the league have to take them over?

[RayzorEdge]

Looks like Quebec will get a team soon.

[Philly Fan 27]

i hope jay z is the mystery investor

[acdcrocksno1]

Originally Posted by Janssen25

Heeeeeere we go.....

Usual suspects at it again. Btw, I'm starting to realize why so many despise this retarded Bruins brigade.

I don't feel like explaining the whole situation for the millionth time but if youre misinformed or uneducated on the situation, please do us all a favor and not comment on it. You're just making a fool of yourself.

I know you were thick as **** but I didn't think you were that thick

[chilly666]

it's funny that every time there is another report about the devils being in trouble, some dope always says that they aren't in trouble.

since when did owing almost $80 million in past due debt not qualify as being in trouble? or continually trying to find investors to cover that debt and keep the team afloat not considered being in trouble? or the league threatening to take over not considered being in trouble?



i know some certain clown will claim my comment is out of hatred for the devils because that's all he can come up with which will be laughable in this matter.