Charles Wang

Wang sells Isles to ex-Caps owner Ledecky

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Huge news from Long Island on Tuesday — per Newsday, Islanders owner Charles Wang has agreed to sell the team to a familiar face in NHL circles:

Ledecky is best known as the former minority owner in Washington. In 2001, he sold his 24 percent share in the team to current owner Ted Leonsis which, according to the Washington Times, would allow Ledecky to pursue buying another sports franchise:

Leonsis and Ledecky did not disclose a price for the transaction, but Ledecky, a well-known District entrepreneur, said he made a “healthy, 10-figure profit” on the $58 million he invested in May 1999.

Ledecky is now free to pursue a pro sports team of his own, as has been his long-stated ambition. He unsuccessfully sought interests in the Los Angeles Dodgers and Cincinnati Reds before purchasing the Caps from [Abe] Pollin two years ago, and last fall he came close to buying the Montreal Canadiens.

As for Wang, this move would end his lengthy, contentious ownership of the Isles. Reports have been surfacing for months about his desire to sell the team, this after the failed Lighthouse Project and mounting financial losses. The 69-year-old became part-owner of the Isles in 2000, then assumed majority control in 2004 after buying out partner Sanjay Kumar.  The team has struggled both on the ice and financially since Wang’s been aboard, making the playoffs just two times while reportedly losing an estimated $10 million per season.

As mentioned, Wang also spearheaded the now-defunct Lighthouse Project — a proposal to transform the Nassau Coliseum and surrounding area into a modern suburban locale — which was voted down in 2011, two years after Wang said he regretted buying the Isles in the first place.

“If I had the chance I wouldn’t do it again,” Wang told Newsday at the time. “Never in my life, would I have anticipated this thing [Lighthouse Project] could be dragged out for seven, eight years.”

Should the sale to Ledecky and Malkin be approved by the NHL’s Board of Governors, it’ll mark a change in ownership just one year before the Isles leave Long Island and relocate to Brooklyn, where they’ll play at the Barclays Center beginning in 2015-16.

UPDATE: The Isles have addressed and confirmed the transaction, courtesy this statement…

A group led by former Washington Capitals co-owner Jon Ledecky and London based investor Scott Malkin has reached a definitive agreement, subject to NHL approval, to purchase a substantial minority interest in the team. Under the terms of the agreement, Charles Wang will continue as majority shareholder and Governor of the Islanders, with the Ledecky/Malkin group transitioning to majority owner in two years.

“We are pleased to have the opportunity to become partners in the New York Islanders with Charles, and to pursue our shared dream of winning a fifth Stanley Cup for the greatest fans in the NHL,” Mr. Ledecky said.

“I’m thrilled that Jon and Scott have agreed to join me as we start the Islanders’ final year at Nassau Veterans Memorial Coliseum,” Mr. Wang said. “I look forward to a long and successful partnership.”

 

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Oshie’s hat trick lets Caps just barely squeak by Penguins in OT

Oshie OT goal
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What a start.

This series between the Pittsburgh Penguins and Washington Capitals might be headlined by Sidney Crosby and Alex Ovechkin, but as many have said in the lead-up to tonight’s opener, there is so much more to this second round matchup than that. Washington’s 4-3 overtime victory in Game 1 tonight could be offered up as Exhibit A.

This game had everything except big offensive showings from Crosby and Ovechkin. They had their moments, but in the end combined for just one assist.

What we got instead was a hat trick by T.J. Oshie that was completed with a game-winning goal that made it past the line by such a narrow margin that it warranted a video review:

This game also featured a sequence of three goals in 90 seconds and yet also some great saves by goaltenders Braden Holtby and Matt Murray. At the other end of the spectrum, there was a controversial hit by Tom Wilson that might lead to a suspension.

There was even some odd stuff. Like how Jay Beagle got a stick stuck in his equipment.

Twice:

If this game sets the tone for the rest of the series, then we should be in for a closely contested, highlight filled affair.

Video: Wilson delivers late, knee-on-knee hit to Sheary

Wilson hit
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Tom Wilson has already found himself in a controversy for delivering a late, knee-on-knee hit to Penguins forward Conor Sheary in the third period of Game 1 Thursday night.

You can see that incident below:

Wilson spent two minutes in the sin bin earlier in the contest for crosschecking Evgeni Malkin, but there was no penalty on this play.

Fortunately Conor Sheary was able to stay in the game. The question now is if Wilson’s actions will lead to him being suspended prior to Game 2.

This isn’t Wilson’s first brush with controversy. He delivered a big hit to Brayden Schenn in 2013, but Wilson wasn’t suspended for that incident. Lubomir Visnovsky’s final campaign was cut short due to a check by Wilson that angered the New York Islanders. More recently, Nikita Zadorov was concussed by a crushing blow from the Capitals forward.

In 231 career regular season games, Wilson has 50 points and 486 penalty minutes.

Related: Wilson says ‘I’ve never been a dirty hitter’ after teams voice complaints

Video: Penguins, Caps combine for three goals in 90 seconds

Oshie goal
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For the first 30 minutes of Game 1 between Pittsburgh and Washington it looked like goaltenders Matt Murray and Braden Holtby might outshine these star-studded offenses. Then the floodgates opened up, if only for a moment.

Washington already had a 1-0 lead going into the second frame courtesy of Andre Burakovsky‘s first marker of the 2016 playoffs, but Ben Lovejoy and Evgeni Malkin scored back-to-back goals within the span of 57 seconds midway through the second period to tilt the scale in Pittsburgh’s favor. That lead didn’t last for long though as Capitals forward T.J. Oshie got a breakaway opportunity and took full advantage of it.

In total, there were three goals scored in the span of just 90 seconds and you can see all of them below:

After that sequence, the 2-2 tie held for the remainder of the frame. However, Oshie was able to reassert Washington’s edge just 3:23 minutes into the third period.

Video: Beagle gets stick stuck in visor

Beagle
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Through 40 minutes of action in Game 1 of the second round series between Pittsburgh and Washington and we’ve already seen some big moments, along with a pretty unusual one.

Beagle ended up with a stick lodged into his visor towards the end of the second frame. He tried to get it out himself, but ended up having to go to the bench for assistance. You can see that below: