Sources: Islanders Owner Wang Searching For Someone To Buy Team
Sources said that Islanders Owner Charles Wang appears to have "started a new effort to find a buyer" for the team. He has “been in talks” with Manhattan investment bank The Raine Group. Talks are “said to be preliminary and the team owner hasn’t hired Raine -- so the effort could lose steam.” An Islanders spokesperson said that there is “no truth to the story” (N.Y. POST, 1/16). Meanwhile, in N.Y., Allan Kreda looks at the fate of the team's arena under the header, “The Nassau Coliseum Starts Its Long Goodbye” (N.Y. TIMES, 2/17).