Charles Wang

Wang sells Isles to ex-Caps owner Ledecky


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.”



Report: Wang ‘furious’ over report he’s exploring sale of Isles

Wang being sued for $10 million for not selling Islanders

Julien says Lundqvist’s acting ‘doesn’t need to be on the ice’


The goalie interference penalty called on Brad Marchand late in Friday’s Thanksgiving Showdown didn’t sit well with the Bruins.

Marchand, whistled after making contact with New York’s Henrik Lundqvist midway through the third, said he thought “it was a bit of a weak call,” adding “[Lundvqist’s] out of the crease, and he lightly gets touched.”

While Marchand took issue with the call, his head coach took issue with King Henrik.

(In Julien’s defense, Lundqvist does have a pretty lengthy IMDB page.)

The interference penalty was nearly disastrous for the Bruins, as J.T. Miller scored on the ensuing power play to given the Blueshirts a 3-2 edge.

However, Boston replied with a power-play goal of its own — Ryan Spooner, at the 16:14 mark — which set the stage for David Krejci‘s dramatic game-winner with just under two minutes to go.

So, to recap: Today’s game had the Beleskey hit on Stepan, the Marchand-Lundqvist theatrics and a dramatic come-from-behind victory for Boston.

And so, to answer your next question:

These two teams next meet on Monday, Jan. 11, at MSG.

Related: Yep, Alain Vigneault went there — ‘I remember Aaron Rome in this building’

Video: Peluso, Gabriel throw down in spirited heavyweight tilt

1 Comment

The big boys got after it early in Minnesota today.

Wild forward Kurtis Gabriel — all 6-foot-3 and 220 pounds of him — picked one of the toughest opponents in hockey on Friday, throwing down with Jets enforcer Anthony Peluso early in the first period.

And it was a pretty good tilt.

Peluso, one of the league’s most feared fighters, was coming off two pretty heavy scraps — one against Columbus tough guy Jared Boll, and another in which he landed some serious shots on overmatched Canucks d-man Luca Sbisa:

Of course, Gabriel’s no slouch.

He had one previous fight in the NHL this year (against Peluso’s teammate, Chris Thorburn) and five in the American League, where he’s spent the majority of this season.

Given the fisticuffs that occurred earlier in the Bruins-Rangers game, it seem the NHL has really gotten into the spirit of Black Friday.

(All videos courtesy

Yep, Alain Vigneault went there — ‘I remember Aaron Rome in this building’

Matt Beleskey, Derek Stepan

Alain Vigneault remembers a late hit that happened in Boston one time.

The Rangers’ head coach referenced it today after one of his top centers, Derek Stepan, was injured on a check that the NHL may need to review with a stopwatch.

“I remember Aaron Rome in this building, .6 seconds late, getting suspended four games in the Stanley Cup Final,” Vigneault said, per Pat Leonard of the New York Daily News.

For those that need their memories refreshed (nobody in Vancouver does, that’s for sure), here’s Rome’s late hit that knocked Nathan Horton out of the 2011 final with a concussion:

Now here’s the hit that Matt Beleskey put on Stepan:

According to Vigneault, Stepan has some broken ribs and is out indefinitely.

Over to you, Department of Player Safety.


A league source has confirmed that the hit is being reviewed.

High-flying Bruins (sounds weird to say) beat Rangers for fifth straight win


Somebody tell the Boston Bruins there’s a goal-scoring crisis in the NHL.

This afternoon, for the 14th time this season, a Bruins game featured at least six goals. The final score was 4-3, as Boston came back to beat the Rangers in a wildly entertaining Thanksgiving Showdown on NBC.

David Krejci scored the winner with 1:43 remaining. Krejci’s goal came just 2:03 after teammate Ryan Spooner had tied it on the power play.

The win was the Bruins’ fifth straight. Though the defensive mistakes remain…

…Claude Julien’s troops have been finding ways to overcome them.

The running and gunning Boston Bruins.

When was the last time you could call them that?