Report: Devils at risk of defaulting on loan

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Hey, remember like six months ago when it sounded like the New Jersey Devils’ financial troubles were over?

Well, according to the New York Post, they’re not.

The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a source with direct knowledge of the situation said.

The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise.

If the report is accurate, it’s not clear if it’s just a short-term cash-flow issue or evidence of a larger problem for owner Jeff Vanderbeek.

The NHL, according to the Post, “said the story was inaccurate but declined to give specifics.”