Kukla's Korner

Kukla's Korner Hockey

Devils Talk

from Mike Ozanian of Forbes,

What now for Vanderbeek? The Devils did not respond to an inquiry yesterday afternoon. The NHL, who also did not respond to my inquiry yesterday, has loaned the Devils more than $15 million. But the league’s consent letter states that the banks can’t file the team until 30 days after the last game is played–which will be no later than Wednesday evening.

It is possible the Devils could be sold through a prepackaged bankruptcy sale like the Dallas Stars in 2011. If that were to happen bankers say the team and lease to the Prudential center would likely be sold for under $200 million.

more

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
 

Comments

Primis's avatar

Please put PHX and NJ out of their and our misery already and move them.

Please.

Posted by Primis on 06/20/13 at 11:34 AM ET

Add a Comment

Please limit embedded image or media size to 575 pixels wide.

Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.

Captchas bug you? Join KK or log in and you won't have to bother.

Smileys

Notify me of follow-up comments?

Feed

Most Recent Blog Posts

About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

image

image

image