Ottawa Senators v New Jersey Devils

Report: Devils’ sale price ‘well in excess of $300 million’


The New Jersey Devils, as well as the operating rights to the Prudential Center arena where they play, are being sold for “well in excess of $300 million,” an individual familiar with the process tells The Record’s Tom Gulitti.

In fact, the price that billionaire Josh Harris, already the principal owner of NBA’s Philadelphia 76ers, pays may be in excess of $320 million, according to the New York Times.

Whatever the exact price, Gulitti reports it will “cover the approximately $200 million in debts the Devils and Devils’ Arena Entertainment have accumulated and still leave [current owner Jeff Vanderbeek] with a significant surplus.”

There’s also this tidbit from the Times:

Harris is expected to ask Scott O’Neil, the former president of Madison Square Garden Sports, to run the Devils’ off-ice operations. Lou Lamoriello, the team’s longtime president and general manager, is expected to remain in those roles.

The NHL is expected to approve the sale tomorrow.

Related: Prospective Devils owner may see turnaround opportunity in New Jersey

Bruins list Chara on IR, for now

Zdeno Chara
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Those who feel as though the Boston Bruins may rebound – John Tortorella, maybe? – likely rest some of their optimism on the back of a healthy Zdeno Chara.

It’s possible that he’s merely limping into what may otherwise be a healthy 2015-16 season, but it’s definitely looking like a slow start thanks to a lower-body injury.

The latest sign of a bumpy beginning came on Monday, as several onlookers (including’s Joe Haggerty) pointed out that Chara was listed on injured reserve.

As Haggerty notes, that move is retroactive to Sept. 24, so his status really just opens up options for the Bruins.

Still … it’s a little unsettling, isn’t it?

The Bruins likely realize that they need to transition away from their generational behemoth, but last season provided a stark suggestion that may not be ready yet. Trading Dougie Hamilton and losing Dennis Seidenberg to injury only make them more dependent on the towering 38-year-old.

This isn’t really something to panic about, yet it might leave a few extra seats open on the Bruins’ bandwagon.

Kassian suspended without pay, placed in Stage 2 of Substance Abuse Program

Anaheim Ducks v Vancouver Canucks
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Zack Kassian may have avoided major injuries stemming from his Sunday car accident, but it likely sent the signal that he may need help.

The response: he was placed in Stage Two of the Substance Abuse and Behavioral Health Program (SABH) of the NHL and NHLPA on Monday.

According to the league’s release, Kassian “will be suspended without pay until cleared for on-ice competition by the program administrators.”

Speaking of being suspended without pay, here’s a key detail:

The 24-year-old ended up with a broken nose and broken foot from that accident. The 2015-16 season was set to be his first campaign in the Montreal Canadiens organization after a tumultuous time with the Vancouver Canucks.

Kassian spoke of becoming more mature heading to Montreal, but the Canadiens were critical of his actions, wondering how many wake-up calls someone can get.

In case you’re wondering about the difference between stage one and two: