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Daly: League has no plans to take control of Devils

Thursday, 08.08.2013 / 4:00 PM / News
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Daly: League has no plans to take control of Devils
NHL Deputy Commissioner Bill Daly said Thursday that the NHL has no plans to take over the New Jersey Devils.

NHL Deputy Commissioner Bill Daly said Thursday the NHL has no plans to take over the New Jersey Devils.

Forbes.com reported earlier Thursday the League was likely to take control of the Devils because of financial difficulties being experienced by the team, which is owned by Jeff Vanderbeek.

"The report is inaccurate," Daly said. "We continue to work with the Devils' organization on a framework that we believe will produce long-term stability for the franchise. That framework does not involve League intervention or management of the Club."

Tom Gulitti of The (Bergen) Record reported Thursday that a source said two groups are interested in buying the Devils and a deal could be closed within a matter of days. A second source told Gulitti the deal might take longer, but the process of selling the team is "close to wrapping up."

Forbes reported that attorney Andrew Barroway was the lead of one group, but said in its report that group had backed out. However, The Record's report said Barroway's group is involved. A second group, headed by investment banker Josh Harris, has joined the bidding, according to Gulitti. Harris owns the NBA's Philadelphia 76ers, which he bought in 2011.

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