Thursday, August 15, 2013

The New Jersey Devils are back on the menu here

The gimme gimme take take Jeff Vanderbeek days are officially over! A long nine year nightmare of ownership has given way to a new owner and ownership team at the Prudential Center. The NHL has approved the sale of the Devils to billionaire John Harris and co-owner John Blitzer.

Harris, a co-founder of Apollo Global Management, one of the largest private equity firms in the world, will also now control operating rights to all shows and events at The Rock. The Star-Ledger also spilled more on the Devils new braintrust and who'll be running the day-to-day operations:

Scott O'Neil, who became CEO of the 76ers earlier this year, will also be CEO of the Devils organization overseeing Devils business operations and Devils Arena Entertainment, which includes the Prudential Center. O'Neil is the former president of Madison Square Garden Sports, where he oversaw the business operations of three professional sports teams: the New York Rangers, the New York Knicks, and the New York Liberty. O'Neil will work closely with Lou Lamoriello, the Devils’ president/general manager.

So there you go. We congratulate Mr. Harris on his purchase. Now, you've got about a season an a half to become a GIVER in the revenue sharing setup in the NHL and not a constant TAKER before Johnny starts in on you. Welcome to the NHL.

No comments: