The Devils' Advocate

Jeff Vanderbeek reportedly has found an investor to help pay off Devils' debts

The Devils have apparently found a solution to regaining their financial footing. According to a source close to the situation, Devils Owner Jeff Vanderbeek has finalized a deal with a new investor that will enable the franchise to get out of debt. The source said the deal would keep Vanderbeek firmly in charge as the majority owner, while minority owners Ray Chambers and his son-in-law, Mike Gilfillan -- who owned a substantial stake in the Devils through their company, Brick City -- are not expected to have future roles in the organization. The identity of the partner has yet to be announced because, according to the source, there has been an agreement to stay silent until the completion of the Devils’ season. A formal announcement ...