National Hockey League
foxsports
The managing partner of the New Jersey Devils has no desire to sell the NHL team and expects to maintain a controlling interest.
Devils chairman Jeff Vanderbeek says he and his partners have different visions for the franchise, and the minority owners Brick City are exploring a sale.
Brick City is the legal name for the Devils share owned by Ray Chambers and Mike Gilfillan, his son-in-law.
In a release, Vanderbeek says Brick City has a right under its partnership agreement to explore a sale, and that it has hired Moag & Co., a Baltimore-based investment bank, to assist in their attempt to sell their share of the team.
ADVERTISEMENT
Bloomberg reported earlier Tuesday that Vanderbeek was possibly selling the team.
share
in this topic
