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SBD/August 9, 2013/Franchises
Sources: Deal For Jeff Vanderbeek To Sell Devils Could Be "Imminent"
Published August 9, 2013
A LONG TIME COMING: Devils officials said that the team has "been struggling to pay" its bills for months. In Newark, David Giambusso notes rumors of a sale "have been circulating for more than a year." Each time a deal "came close to fruition it was scrapped at the last minute" (Newark STAR-LEDGER, 8/9). The GLOBE & MAIL's David Shoalts writes after the Coyotes became "stable in the short-term" due to their sale to IceArizona, the Devils "quickly became the NHL's biggest financial headache" (GLOBE & MAIL, 8/9).