Kukla's Korner Hockey

Kukla's Korner Hockey

Would You Buy The Islanders For $300M?

10/01/2012 at 10:07am EDT

from Josh Kosman and Larry Brooks of the NY Post,

One of the greatest New York Islanders is looking to make a comeback.

Pat LaFontaine has been contacted by some European investors about the possibility of buying the money-losing team and keeping it on Long Island, The Post has learned.

LaFontaine, who starred for the Islanders for eight seasons and is in the top six in goals and points in team history, is intrigued by the opportunity and may look to put together some sort of bid, sources said.

Islanders owner Charles Wang, who is seeking a new arena and has vowed not to play a single game at the aged Nassau Coliseum beyond the July 2015 end of his lease, has quietly let it be known that he is willing to sell the franchise if the price is right, sources close to the NHL said.

Unfortunately for LaFontaine, who still lives on Long Island and is active in charities there, that price is said to be a sky-high $300 million.

continued

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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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