Christian Arnold, Islanders Point Blank:Jonathan Ledecky and Scott Malkin will become the new owners of the New York Islanders. First, as minority stake holders, and then take full control of the franchise in two years.
The announcement of the deal prompted Washington Capitals Owner Ted Leonsis to congratulate Ledecky, who was co-owner of the Caps from 1999 to 2001, on his blog.
Jon, forever now to be known as Katie Ledecky’s uncle, was a terrific and enthusiastic co owner of the Capitals, back in the day. He and his partner will bring passion, energy and commitment to community to Charles Wang and the Islanders, when this deal is approved.
Ledecky held a minority share of the Capitals for three years before selling it to Leonsis in 2001.