Kukla's Korner Hockey
by Paul on 08/16/12 at 09:12 PM ET
from David Giambusso and Rich Chere of the Star-Ledger,
Three days after a widely reported deadline to pay back an $80 million loan, Devils owner Jeff Vanderbeek has yet to close a deal with his angel investors.
But the former Lehman Brothers executive still has control of the team that made a lucrative and unlikely run to the Stanley Cup championship in June.
And while neither the Devils nor the NHL would confirm a New York Post report Thursday of an imminent two-year financing deal, the team now finds itself staring at a new complication: a possible league-wide lockout.
On Tuesday, the same day the Devils signed their top draft choice, Stefan Matteau, NHL commissioner Gary Bettman ratcheted up the rhetoric, telling reporters: “The sides are far apart and have different views of the world.”
For the Devils, a lockout could further complicate Vanderbeek’s high-wire act as he tries to maintain control of a team he bought and moved to a new arena in Newark five years ago.
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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.
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