There are more reports coming out of Islanders country that a sale between Andrew Barroway and Charles Wang is complete and going to be announced after the Stanley Cup finals.
Nobody can tell for sure but yesterday’s news did come from two people who have sources within the industry and quite possibly are being fed the correct information.
First, Chris Botta, who has been following the situation for Sports Business Journal, reported this in his weekly column…..
The potential sale of the New York Islanders to Philadelphia attorney turned hedge-fund manager Andrew Barroway remains up to Charles Wang, the team’s current owner.
“Charles is still deciding what he wants to do,” NHL Commissioner Gary Bettman told the Shift at the Sports Business Awards ceremony last week. “No decision has been made.”
When we pressed the issue and asked Bettman if he was optimistic Wang would complete a sale by the start of the 2014-15 season, the commissioner smiled. “I’m optimistic that Charles will make a decision by then,” Bettman said.
Later on in the day, Vinny Piccolo took to Twitter to share the information he had at his disposal….
— Vinny Piccolo (@RoseTintedVisor) May 30, 2014
That does jive with information I confirmed with my independent source as well so it’s going to be interesting to see where this all leads from here.
Safe to say, Isles fans might not have to wait as long as initially anticipated to find out the next step in the franchise. I just have to wonder what the effect this will have on the draft and free agency plans if it does indeed turn out to be greater than 50% control to Barroway.
It is HIGHLY unlikely, but not impossible, that the Islanders would fire their general manager and clean house so close to those two crucial periods. The only scenario I can see that happening is if Barroway has had HIS guy already researching and doing his homework very behind the scenes.
The days continue to be very interested indeed as we wait for the final result.
In Case You Missed It
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Around The NHL
Blackhawks 4, Kings 3 (series tied 3-3)
Unbelievable is the only way to describe game six last night at Staples Center in Los Angeles. Down 3-2 mid third period and seemingly done for the season, superman Patrick Kane went to work. His no-look assist on Duncan Keith‘s tying goal set him up for even more playoff heroics as he nets the winner with just over 3 minutes to play, lifting the Blackhawks to a game seven tomorrow night at United Center. What a series this has been and only proves that the greatest game in the land is played on ice. And I am not talking about curling, so don’t even joke about that.