How much will it cost to buy the New York Islanders?
Summary of 2 articles · Updated Apr 25, 2014
So how much will it cost to purchase the Islanders? Forbes valued the Islanders at $195 million in its 2013 Business of Hockey package. The memo also states that the Islanders sustained an operating loss during the 2013-14 season of $4.8 million, with the loss minimized greatly by $15 million received from NHL revenue sharing and escrow payments. Kudos to Charles Wang for keeping it on the Island rather than in, say, Kansas City or Quebec, but change starts at the top and he signs the checks.