ISLANDERS ANNOUNCE NEW OWNERSHIP STRUCTURE

Tuesday, 08.19.2014 / 1:45 PM ET / News
New York Islanders
X
Share with your Friends


ISLANDERS ANNOUNCE NEW OWNERSHIP STRUCTURE
The New York Islanders announced today that 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.

UNIONDALE, NY (August 19, 2014) – The New York Islanders announced today that 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."

There will be no further comment until the NHL completes its franchise ownership transfer process.

SCHEDULE

HOME
AWAY
PROMOTIONAL

STANDINGS

EASTERN CONFERENCE
  TEAM GP W L OT GF GA PTS
1 p - NYR 82 53 22 7 252 192 113
2 y - MTL 82 50 22 10 221 189 110
3 x - TBL 82 50 24 8 262 211 108
4 x - WSH 82 45 26 11 242 203 101
5 x - NYI 82 47 28 7 252 230 101
6 x - DET 82 43 25 14 235 221 100
7 x - OTT 82 43 26 13 238 215 99
8 x - PIT 82 43 27 12 221 210 98
9 BOS 82 41 27 14 213 211 96
10 FLA 82 38 29 15 206 223 91
11 CBJ 82 42 35 5 236 250 89
12 PHI 82 33 31 18 215 234 84
13 NJD 82 32 36 14 181 216 78
14 CAR 82 30 41 11 188 226 71
15 TOR 82 30 44 8 211 262 68
16 BUF 82 23 51 8 161 274 54

STATS

2014-2015 PLAYOFFS
SKATERS: GP G A +/- Pts
J. Tavares 6 2 4 3 6
J. Bailey 6 2 3 2 5
N. Leddy 6 0 5 1 5
R. Strome 6 2 1 1 3
K. Okposo 6 2 1 1 3
C. Clutterbuck 6 2 1 2 3
B. Nelson 5 2 0 1 2
N. Kulemin 6 1 1 0 2
L. Visnovsky 4 0 2 5 2
J. Boychuk 6 0 2 1 2
 
GOALIES: W L OT Sv% GAA
J. Halak 3 3 1 .926 2.34
M. Neuvirth 0 0 0 1.000 0.00

NewYorkIslanders.com is the official Web site of the New York Islanders Hockey Club, L.P. and NewYorkIslanders.com are trademarks of New York Islanders Hockey Club, L.P.  NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks of the National Hockey League. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Copyright © 1999-2015 New York Islanders Hockey Club, L.P. and the National Hockey League. All Rights Reserved.

Privacy Policy |  AdChoices |  Terms of Use |  Contact  Us |  Employment |  Webmaster |  NHL.com Terms of Use