Wang Finally Sells

  1. You have chosen to ignore posts from jmwalters. Show jmwalters's posts

    Wang Finally Sells

    As per TSN:


    The New York Islanders may soon have a new owner.


    According to Arthur Staple of Newsday, Islanders owner Charles Wang has sold the club to Jonathan Ledecky and Scott Malkin.


    The sale of the team is reportedly pending approval from the NHL's Board of Governors.


    Ledecky is a former co-owner of the Washington Capitals, Malkin is an investor.


     


    I wonder if this was a handshake deal as well?


     

     
  2. You have chosen to ignore posts from OatesCam. Show OatesCam's posts

    Re: Wang Finally Sells

    I'm somewhat dissapointed.  As long as Wang owned them, they were doomed to mediocrity.  They may actually stop making ridiculous moves such as making back-up goalies GM or continuously trading top-5 picks.  They may give Boston some challenge.

     
  3. You have chosen to ignore posts from OatesCam. Show OatesCam's posts

    Re: Wang Finally Sells

    (one day)

     
  4. You have chosen to ignore posts from Fletcher1. Show Fletcher1's posts

    Re: Wang Finally Sells

    I sometimes wonder if Wang was really that bad.  Sometimes the devil you know...

     

     
  5. You have chosen to ignore posts from Bookboy007. Show Bookboy007's posts

    Re: Wang Finally Sells

    Fletch, as you suggesting it's never good to lose your Wang?

     

     

    Are you not entertained?!?!

     
  6. You have chosen to ignore posts from jmwalters. Show jmwalters's posts

    Re: Wang Finally Sells

    Having a Wang around does come in handy from time to time yes....

     

     
  7. You have chosen to ignore posts from Fletcher1. Show Fletcher1's posts

    Re: Wang Finally Sells

    In response to jmwalters' comment:
    [QUOTE]

    Having a Wang around does come in handy from time to time yes....

     

    [/QUOTE]

    Less and less so these days, but lots of fond memories.

    Between some of the most spectacularly failed big contracts, the worst building in the NHL, and being located 20 miles from your main rival who's 10 times more popular -- life isn't easy on the island.  Wang has written some pretty big checks and worked tirelessly for a better building.  I don't think he been good, but I also don't think he's been bad.  Lots of other reasons for the Isles troubles.  The next group might be worse.

     

     
  8. You have chosen to ignore posts from jmwalters. Show jmwalters's posts

    Re: Wang Finally Sells

    That's the funny thing about Wang.....he tried and was good with the community from what I hear, just no hockey sense.

     

     
  9. You have chosen to ignore posts from goodnewsbears. Show goodnewsbears's posts

    Re: Wang Finally Sells

    In response to Fletcher1's comment:
    [QUOTE]

    I sometimes wonder if Wang was really that bad.  Sometimes the devil you know...

     

    [/QUOTE]
    I had an ex-girlfriend who preferred the Wang she knew over one she didn't.  It was good while it lasted. 

    -GNB, King Of The Forum

     

     
  10. You have chosen to ignore posts from Not-A-Shot. Show Not-A-Shot's posts

    Re: Wang Finally Sells

    Despite bad decisions, at least he was working to improve the team.  He failed, but he sure did try.  They made crazy trades, signed big contracts and he worked hard on the building stuff, the Lighthouse project I believe.

    He's only selling a minority share right now, with "plans" to make it whole in a couple of years.

    For now, he's still the big Wang on campus.

     
  11. You have chosen to ignore posts from Bookboy007. Show Bookboy007's posts

    Re: Wang Finally Sells

    I don't know; I don't really follow Wang, but isn't the perception that the crazy moves and FA signings have had a lot to do with trying to create a short term spike in the team's value in order to serve the other projects? 

     

     

    Are you not entertained?!?!

     
  12. You have chosen to ignore posts from WalkTheLine. Show WalkTheLine's posts

    Re: Wang Finally Sells

    I always hoped Wang would sell the naming rights to the arena to Viagra or Cialis. Who better? :P

     

     
  13. You have chosen to ignore posts from SanDogBrewin. Show SanDogBrewin's posts

    Re: Wang Finally Sells

    Wang spent $10M of his own money on the Lighthouse project. NY is a high tax state and the Long Island residents didn't want to raise taxes. Wang did spend and without luxury suite revenue. 

     

     
  14. You have chosen to ignore posts from jmwalters. Show jmwalters's posts

    Re: Wang Finally Sells

    In response to SanDogBrewin's comment:
    [QUOTE]

    Wang spent $10M of his own money on the Lighthouse project. NY is a high tax state and the Long Island residents didn't want to raise taxes. Wang did spend and without luxury suite revenue. 

     

    [/QUOTE]


     That damn s**thole of an arena was a bane to that team's existence.

     

     
  15. You have chosen to ignore posts from Bookboy007. Show Bookboy007's posts

    Re: Wang Finally Sells

    Yeah, he spent on his real estate investments.  I mean, that's the uncharitable perception if you're an Islanders fan.  It's a bit of a cascade - he needs a new areana to be able to spend like the big boys to build a better team...but that doesn't mean it's easy to accept the fact he's believed to have forced the hand of his GMs on bad hockey moves to put lipstick on his pig.

     

     

    Are you not entertained?!?!

     

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