Kukla's Korner

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Entries with the tag: josh harris

Devils will lose money for this upcoming season, but that’s not bad news

Via Pro Hockey Talk's Dhiren Mahibian, the Bergen Record's Tom Gulitti reports that the New Jersey Devils will lose money for the 2014-15 season...

Unlike the team's financial struggles under the Jeffrey Vanderbeek adminstration, however, the fact that the Devils are going to lose money this season is actually good news.

Gulitti reports that "new" owners Josh Harris and David Blitzer are spending a significant amount of money cleaning up the legal messes Vanderbeek left them, and they're also investing a good chunk of money in growing the Devils' "business brand," reestablishing ties with local businesses and significantly bolstering the team's hockey operations personnel:

[O]n the business side (non-hockey operations), O’Neil says the team had just 76 employees immediately following the sale. Blitzer said the number is “more than double” that now after O’Neil has spent the last year building up his department to put it in a position to be better able to grow the business of the Devils.

“You just didn’t have personnel there,” Blitzer said. “It wasn’t like anyone was doing anything negatively in that sense. They literally did not have positions filled that were entirely necessary to run a business like this. We kind of found that a little bit shocking in terms of how depleted it was at the time we went in.”

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  Tags: josh+harris, lou+lamoriello, new+jersey+devils

Afternoon Line

“You had a lot of complexity around Kovalchuk and some other things. It was a disappointing season. I see it. I was unhappy. I didn’t like being home watching the playoffs on TV. I wanted to be in the playoffs. That’s not lost on me. At the same time, good people and good systems can have disappointing years. We’re long term. We’re focused on making this a great franchise over the long term.”

-Josh Harris, owner of the New Jersey Devils.  More on the Devils from Rich Chere of the Star-Ledger.

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
  Tags: josh+harris

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