A familiar name has popped up in the potential New York Islanders sale.
Philadelphia lawyer Andrew Barroway — who, in 2013, was linked to a proposed purchase of the New Jersey Devils — is reportedly in talks with Isles owner Charles Wang to purchase the club for a reported $225 million (with an additional $75 million if the club hits certain revenue targets.)
Here’s more, from the New York Post:
While Wang has been open to a sale for several years, there has been limited interest in a team that lost more than $10 million in a single season and has among the lowest attendance in the league.
But this time could be different because of a revenue guarantee from Barclays Center, where the Islanders are set to start playing in 2015. In October 2012, the Islanders inked a long-term deal to move the team from Nassau County to Brooklyn.
The arena’s owners guaranteed the Islanders about $50 million in annual revenue for regular season games. Barclays would keep anything it collects in sponsorship, suite and ticket sales over that amount.
It appears Barroway is in relative good standing with the NHL. A Forbes report from ’13 claimed he lent the Devils $30-million to help the team make its payroll, escrow and pension payments — but stepped away from the deal after a further review of the club’s finances.
The Devils were later sold to Josh Harris, the owner of the NBA’s Philadelphia 76ers.
Reports of Wang’s move to sell the Isles broke last week, and he was reportedly “furious” about the leak. Wang became part-owner of the Isles in 2000, then assumed majority control in 2004 after buying out partner Sanjay Kumar.
As if Game 7 of the Eastern Conference Final couldn’t get any more dramatic, it has — Tampa Bay captain Steve Stamkos, who hasn’t played since Mar. 31, will make his playoff debut against the Penguins tonight.
Stamkos underwent vascular surgery in early April to correct a blood clotting issue, and has remained on blood thinners ever since. While there’s been no confirmation he’s off medication, he did tell Sportsnet he’d be able to return to the lineup once he was.
Stamkos reiterated that he’s still on the same prescription of blood thinners he was given earlier this month. He takes a 12-hour dosage, twice a day, and it has been suggested to him that once he is cleared to stop taking the medication, Stamkos conceivably could return to the Lightning lineup almost immediately.
That’s why I’m trying to stay in shape,” he said.
Per NHL.com, Stamkos took the warmup and participated in line rushes centering Ondrej Palat and Ryan Callahan.
It’s been exactly eight weeks since Stamkos played his last game. At the time of his diagnosis, the Lightning said his timetable for recovery was 1-3 months.
To say his return will be a boost is a major understatement. Aside from the emotional factor, Stamkos led the Bolts in goals this year, with 36, and would presumably spark a power play that’s gone just 2-for-12 in the series.
Steve Stamkos took the team bus to tonight’s Eastern Conference Game 7 in Pittsburgh. As TVA noted, it was the first time he’s arrived early for a game in these playoffs.
In his pregame presser, Bolts head coach Jon Cooper refused to answer any questions about Stamkos’ availability.
And then Stamkos took the warmup.
As such, the drama surrounding Tampa Bay’s captain has reached an all-time high. Stamkos, who’s been out of the lineup since early April due to blood clots, looks as though he’s on the verge of an emotional comeback as the Lightning try to win an ECF Game 7 — on the road — for a second consecutive season.
“If Stamkos is in the lineup, it’s our best foot forward,” Cooper said. “If he’s not in the lineup, it’s because he wasn’t eligible to play.”
No word if No. 91 is still on the blood thinning medication he’s been taking since undergoing vascular surgery on Apr. 4.
EDINA, Minn. (AP) Minnesota Wild left wing Zach Parise has been rehabilitating his back injury without surgery, putting him on track to be at full strength by September.
Parise said Thursday he’s “happy with the way everything’s going.” He said he’s been able to work out as he normally does during the summer, despite missing the playoffs because of the injury.
Parise said there’s “no question” he’ll be ready to play for Team USA in the World Cup of Hockey tournament.
Parise joined teammates Erik Haula, Jason Pominville, Nate Prosser, Jared Spurgeon and Jason Zucker at an autograph signing to raise money for people affected by the wildfires in Alberta. The parents of Spurgeon’s wife, Danielle, lost their home to a fire in the Edmonton area.