No news on possible sale of team; Barroway no longer interested

The NHL confirmed that it’s up to the Islanders to announce the team’s ownership status. The Islanders say nothing has changed (Steven Marcus, August 5).


1:50 p.m.: Andrew Barroway, the Philadelphia hedge fund manager previously interested in buying the Islanders, has “ceased negotiations” to purchase the team (Marcus, August 5).


Talk of the team’s current owner Charles Wang attempting to sell his majority stake in the team have floated in the last few years, gaining steam again in February and March of this year.

Still, nothing has been announced as of yet, despite reports over the last few months.

Wang has been the majority owner since 2004. The team will be moving to Barclays Center in Brooklyn after this season, regardless of ownership status.




143 comments
Kevin Sharkey
Kevin Sharkey

Supposedly Barroway wanted a clause in the sale contract that stated if certain revenue goals werent met in the first few seasons he would be able to move the team elsewhere. Not sure if thats true or not but if it is good riddance to him.

jepliberty
jepliberty

Much has been written in here about the Barc, and the bad sight lines, and other problems, but I can't wait to read what many of the opposing teams players have to say about the place, reading their quotes in the papers the following season should be interesting when the Isles will be playing there.

csh205
csh205

Finally received my season ticket holder Barclay's seating equivalent seating choices. Disappointed as there are not many available choices and those that are available have very poor sight lines in relation to my existing NVMC seats which I have had for the last 13 years.

dinbigd
dinbigd

Fellow Isles fans we have all suffered way too long.Can we all agree on that?Now we must all agree this offseason has been by far the most aggressive we've seen in a long time.Isles will be better.The question remains how much better we will be but imo watching last years goaltending let us down game after game I must confess that this years tandem will not let that happen.Yes they will have bad games here & there but for the most part Isles have drastically improved.Now lets get excited & hope they give the COLI the farewell it deserves.GO ISLES!!!!

dimaio34
dimaio34

I saw Haley signed with the sharks. Hope he gets a starting job. 4th line guy he will do good out west. Man I love players like him. Modern day howatt. The toy tiger!!!!!!!

dimaio34
dimaio34

Hey we need Chico to be a part of something this year. He's the reason I started to cheer for the nyi. I see his mom passed away. Sympathy to glen and his family. Chico is a class act. Great guy

dimaio34
dimaio34

Like Garth as a goalie. I've been about a 7.5 out of ten as far as a gm. You must realize. That he's on a lesh. So this year he got to do something and he sparkled. It was a great off season for him. As fans we must give him credit. Also we don't always know what goes on in the office. And as far as the vanek trade. Could have gone either way. Just didn't work out. Although he almost resign if the minn deal didn't work out. Losing moulson was hard but that's a trade for ya. Would rather give him than someone like Nelson. Garth got the second rounder back. So as extra motivation we really cannot blow this considering buff has our pick. And I think getting the goalie situation fixed proved that snow is not screwing around.

mrcisback
mrcisback

                    I read some quotes from John Tavares and he said he's really excited about the up coming season and the new players that were signed especially goaltenders Halak and Johnson. He also said that he and Ryan Strome have become very close. If thats the case hopefully Snow doesn't include Strome in any trade for a 1st line winger or top defenseman.

camb33
camb33

Let me know what puck daddy thinks of the islanders offseason moves around thanksgiving time....

Logan Monstuart
Logan Monstuart

Puck Daddy's nuts if he thinks Snow did that good a job. Or a shill. What about the dominant d-man? Where are all the players going to play?

Question is: does he know what he's talking about re: Edmonton. He says they have holes down the center. One Strome can fill? Nelson? Oilers w their recent drafts must have a left wing for Johnny. 

dimaio34
dimaio34

Really liked what puck daddy says. And I agree. Getting two top notch goalies. Is going to make a huge difference. Gives the player up front a lot of confidence knowning that they can take chances and the goalie will stop the puck. But buffalo. Wow. GReat job by sabres brass to get that kind of leadershipp

mrcisback
mrcisback

 I had a feeling Wang wasn't going to sell the team as soon as Chris Botta said the sale of the Islanders would be announced after the end of the playoffs. Botta has been nothing but a jinx as far as i'm concerned. Things could always be worse like if John Tavares asked to be traded. All in all i'm pretty happy with the signings especially both goaltenders. I wish we could have signed or traded for a top defenseman. Hopefully some of these young defenseman will start to pan out.

isles23
isles23

In all I would've been very surprised if Wang sold before the move. It just wouldn't make sense, why would you sell a team the year before a move that could very well make it more profitable. That being said I am pretty happy with how this off season went. We had 4 needs IMO and we filled 3, and still have time along with the trade chips to make it 4 for 4.

bammer26
bammer26

Looking at Halak's success in net, he's come from two solid defensive minded organizations and coaching staffs, bolstered by a system and players.

Ken Hitchcock in St. Louis is one of the best, and the Habs have were solid on the D side going back to his days in Quebec, always missing the scoring punch up front.


Not to sound NEGATIVE, but just eyeing the current D corps that will be skating in front of him, makes me shiver. Still a log jam back there and up front too, so we will see how the chips fall.


Can't say that Cappy and current "system" in play offers much help either.


Why do I have the feeling that this is LAST year's scenario, only with more window dressing. 


The D, current system, and coaching will have a huge part of Halak's success, or not. Reality is, none of these have been touched..NONE

finnmaccul
finnmaccul

I'm not saying that Wang did a great job running the team.  He shouldn't be doing that in the first place, he's supposed to hire good hockey people and get out of the way - enough said.  Maybe he just wanted to gauge the value of the team through Barroway, who the hell knows.  But some of you guys need to review your Islander history and remember owners like John Pickett (after he lost interest in us), John Spano, Milstein & Gluckstern.  We've been on the slow boat to oblivion for a long time.  Jeez I hope these recent moves get us headed right.  

bammer26
bammer26

From TSN.CA: The Buffalo Sabres added Bryan Trottier, Danny Flynn, Tom Coolen andArturs Irbe to head coach Ted Nolan's coaching staff on Monday.

Trottier, Flynn and Coolen will serve as assistants and Irbe will serve as goaltending coach.


"I'm very happy with the group of talented hockey minds we were able to assemble for our coaching staff," Nolan said. "Each one of these coaches brings an extensive and different background from the hockey world and I'm confident they will help get our team to where it needs to go this season."


Buffalo is at the end of assembling it's main structural components for a rebuild, now it's drafting and development. GM Tim Murray has already signed Brian Gionta, Matt Moulson, and he also re-signed forward Marcus Foligno with gritty forward Cody McCormick.


On the D back end, Murray has inked Andrej Meszaros and Josh Gorges, two solid veterans. And they have center Sam Reinhart, who was taken with this year's #2 pick, and should make this year's team.


In net, Michal Neuvirth and Jhonas Enroth, will be a nice 1-2 punch. Very quietly, the Sabres are putting together solid pieces to the organization, from the top on down.


This is a team I will have my eye on and watch, not only because of Trots and Nolan, but the direction owner Terry P and management have taken. They will be a competitive bunch, and with one of the best play by play guys in the league, fans in Sabre land should be excited.

Macacawitz
Macacawitz

I don't know which fan base is more pathetic, the Mets or the Islanders.  This is very sad news.  Like the Wilpons, Wang is an inveterate loser.  In order to avoid a mass revolt he made a few investments this off season. 


Big deal.


The astonishing fact that the team has not won a single playoff round in his tenure speaks to his elite level of incompetence.  Celebrating what most other teams consider a given - making the playoffs - demonstrates how low the bar has been set under his reign of error.  This team is still far from being a contender.  Some of us were hoping to finally have the stained sheets metaphorically  removed from the bed.  With Chuckles still in charge, it will be another season avoiding the wet spot. 

finnmaccul
finnmaccul

We're all passionate Islander fans otherwise we wouldn't be on this blog, but that being said let's all remember that all NHL franchises are businesses.  This is not some hobby that Wang got into, it's a business where the goal is to make some money.  Anti-Wang people can say he only bought the team with the goal of reaping huge profits from the "Lighhouse Project."  Pro-Wang people can applaud his rescuing the team from previous bad owners, etc.  I'm not going to go into all those pros and cons, but what would "snostorm" like Wang to have done, just spend and spend right up to the cap max and lose millions more each year?  He was losing millions every year he's owned the team.  If any of us owned a business that lost tens of thousands each year, we'd sell or be bankrupt.  Remember, he has some bad partners in this mess - Nassau County and SMG (the site operator).    I used to have season tickets (4 seats-8 guys), but life gets in the way. How many of us bloggers are regulars in the Old Barn?  If the fans were filling the building Wang wouldn't be losing money and I believe he'd put money back into the team.    

camb33
camb33

@wangbegone yes,  since wang has owned this team, my nutsack has endured a lot of damage from scratching

dinbigd
dinbigd

@dimaio34 I think he should've been given a role on Isles 4th line.He is better than Colin Mac,better fighter than martin & more sandpaper than Casey.

Logan Monstuart
Logan Monstuart

@dimaio34 After seeing the Isles win their first Cup, went to Torrey's  house where, much to my happy surprise, the Stanley Cup was sitting shining on the dining room table. Chico was outside in the driveway, as if a bouncer. My friends and I put the kibosh to that, and dragged him back inside.

Don22
Don22

@Logan Monstuart I'm not going to comment on whether Puck Daddy is right or wrong - it's all speculation anyhow.  But I will ask this - what dominant D-Man were you expecting to fall in the Isles lap?  I'm all for getting that defensman, but if he doesn't exist, you can't trade for him.

kevinpt
kevinpt

@Logan Monstuart

I'm not a huge Snow fan, but he did a pretty job this offseason. Criticizing him for not getting a "dominant d-man" is ridiculously unfair. Do you realize how difficult that is? Unless you want to overpay and give up guys like Strome, Reinhart, Nelson, etc (which I'm glad Snow isn't willing to do), you're not going to trade for a top d-man, and there really wasn't any available through free agency (and even if there was he probably wouldn't sign with the Isles anyway). Most people agree the best way to get a top pairing d-man is to draft and develop one, which is exactly what the Isles are attempting to do right now.

jepliberty
jepliberty

@isles23 

Filled only 2, still need a vet Dman and Lwing for JT, don't have that much faith in the inhouse guys they have, and that includes Lee, Nelson etc etc.

isles23
isles23

Banner. Nice theory except halak had a save % above his career average with the capitals, a very weak defensive team.

jepliberty
jepliberty

@finnmaccul 

Yes, correct, but wang was supposed to be this team's savior and he has done squat to save it, it actually needs to be saved from wang.

army72
army72

@Macacawitz 80 million in the off season  is more than a few investments 

jepliberty
jepliberty

@finnmaccul 

No, once he has gotten rid of his incompetent GM and coach and hires people who have an interest in this team winning then, and only then he will get any accolades, he needs to start winning and the hate posts may stop from many in here.

Scott Weinstein
Scott Weinstein

@finnmaccul You're right, to a point. Apples and oranges analogy for you. You just bought an old, dilapidated restaurant. In its heyday, it was the best restaurant in town. The best food, the best service. Lately it's fallen on some hard times. Do you fix up the joint first and hire a premier chef or do you keep things the way they are and hope your old clientele comes back? But, the landlord is a crook. What do you do?

erika
erika

@finnmaccul You are naive. If he was losing so much money, why in the world would he not sell the team to Barroway who offered double what the team was worth? The likely reason is that he is getting so many other perks, both financial and otherwise. Personally, I was there supporting him in all his real estate endeavors, thinking if the owner of the Islanders does well financially he will use much of the funds to ice a winning team. I was wrong. All the silly talk about FA's not signing here because of the arena was the stupidest thing I ever heard. They did not sign here because of Wang. He does not adhere to any hockey history or rules when it comes to running the club, and people around the league are very much aware of our "quirky" owner. Do you think Snow and Capuano deserved the job of GM and coach? And given our record during their tenure, do you think these 2 would have a job in the NHL on any other team? Make no mistake: Wang hired these 2 because they were the cheapest options, period, end! What about a goalie coach, Garth's best friend, what kind of job is he doing when we have promising young goalies, and they just get worse year after year? Player development? We have had high draft picks for the past 10 years, yet except for the 1st overall, who has really made an impact? The bottom line is Wang has always been more interested in his bottom line than winning. Unfortunately, everyone around the league knows this, and that's why they would rather play on a last place team than come here, because at least Buffalo is hiring people that are proven winners, and that's what their young players will learn!    

tag1
tag1

@finnmaccul You don't fill a building by not winning a playoff series in the 14 years you have owned the team.

Kevin Sharkey
Kevin Sharkey

@snostorm @csh205 How would the sight lines and commute to the games be if the team was moved to Quebec or Kansas City. For all these complaints be glad you still get to go to games.

Logan Monstuart
Logan Monstuart

@Don22 @Logan Monstuart Honestly, Don, I had very little knowledge of Mark Streit eight years ago, or whenever it was Snow signed him, arguably his best move as gm. I don't know the rosters of every NHL team. That's not my job. It's Snow's. It's the Isles scouting department. (Hadn't heard of Gord Lane either. Torrey and staff had.) There are 30 teams, that makes 180 roster d-men. One of those d-men I am sure is better than the team he is playing for thinks he is. Or is being used in the wrong way.

I've mentioned this before: Lohn Leclair was a fourth-line player for the Canadiens. Someone in the Flyers organization obviously saw something in Leclair the Habs didn't. There has to be out there somewhere a 6'3"-6'5" defenseman who can clear the friggin' crease, who can stay calm in his own end in the third period of a game the Isles lead by two.


Another example. Zdeno Chara. Was an Islander. Did anyone in the Isles organization see his potential? Obviously not.

jepliberty
jepliberty

@kevinpt @Logan Monstuart 

So you are saying we fans should wait another 3 or 4 more years before this team matures and makes a run to contention? snow should have known of what this team needed for a long time and acted on it, but he as usual fails as a GM, no other GM would have lasted this long without any teams improvement, if they fail to make the POs this season, that should be it for him and no questions asked why.

isles23
isles23

@jep. IMO the four needs. Starting goaltender, check. Back up goaltender, check. Scoring depth, check. Top four dman, that's the no. I think last year showed us we need scoring depth a heck of a lot more than we need a top LW. You don't need faith in the guys that will play with JT, just that JT is the kind of player that makes others better. And that's something you should have tons of faith in.

bammer26
bammer26

@isles23 A DOZEN games Matty, been around long enough to know better than that. Actually, as much as you post, you should of dug into that Caps theory a bit more. That's OK, just a blog for the usual back and forth.

slapshot18_rs
slapshot18_rs

true, it was only 12 games but true.  halak's success does not come from top defensive teams in the league though.  they come from mostly middle of pack teams, aside from the blues last year.  im not concerned about halak at all. 


the biggest difference is going to be that halak isnt going to let in the soft, team deflating goals that nabby, poulin, and nilsson have all let in.  halak is solid and won't let in those garbage goals...at least not nearly as frequently as we've been accustomed to. 

Macacawitz
Macacawitz

@army72 @Macacawitz Thank you for making my point.  His abject ignorance of the sport, combined with his proclivity for hiring "yes" men has resulted in some of the worst allocation of resources in the history of the game.  Another team would have parlayed the cash in the Yashin and DiPietro contracts into a Cup or two.  This Fool either spends nothing, or spends foolishly.  We can't be rid of him fast enough.  

kgkg
kgkg

@erika @finnmaccul Well said Erika.  If we had an owner that really cared all these years our team would be a hell of a lot better, even with our mediocre gm and coach.  He finally spent some money this summer because he had to in order to reach the cap.   I was praying for the barroway deal to go thru.

I do believe that the Islanders will be significantly better this year if we can avoid the injury bug.

  Goaltending is way better and  our forwards have improved.  The D may only improve a little but overall I think the playoffs are LIKELY for this team.    GO ISLES

Macacawitz
Macacawitz

@tag1 @finnmaccul How can anyone, under any circumstances when looking at the body of work, be "pro Wang"?  We've been "wanged" all right, ever since he bought the team. 

slapshot18_rs
slapshot18_rs

@Logan Monstuart easier said than done my friend...every team in the league is looking for that diamond in the rough but its not that easy.  what you mentioned are rare cases. 

kevinpt
kevinpt

@jepliberty @kevinpt @Logan Monstuart

I never said that. I agree with everything you just said. My point was that it's unfair to criticize Snow THIS offseason just because he didn't pick up a #1 defenseman. 

jepliberty
jepliberty

@isles23 

Actually scoring wasn't a big problem with the team last season, it was our porous defence, and the swiss cheese goaltending.

slapshot18_rs
slapshot18_rs

@isles23 i agree, the top LW is not such a dire need.  everyone says how we need to give the kids a chance and not play them on the 3rd and 4th line...well here is the perfect opportunity.


we do need another dman though before im confident in the blue line.  we have one solid pairing (hammer & dehaan), outside of that its a bunch of question marks, including reinhart.  hes supposed to be a top pairing shut down guy eventually, but that doesnt mean he wont have growing pains his first year in the league.  isles really need a top 4 dman imo. 

isles23
isles23

Bammer, doesn't matter how many games it was. If he was as dependent on his teams D as you made it seem there is no chance he has as good a save % let alone a better one regardless of the sample size.

army72
army72

@Macacawitz @army72 Stop living in the past....like my wife. The Iles are certainly not the only team that has given out bad contracts.Those two contracts are not the reason they have lost for 20 years. Every team has bad contracts you gamble sometimes you win, sometimes you lose.....and we lost big time. I actually liked Yashin he was point a game player but, people expect more heart from him..reminds me of the Kessel situation. He wasn't a leader people expected him to carry the team. Depietro yeah that was bad but, if he stays healthy 4.5 million would have  been good. Who cares now he's off  the books and Yashin will be off after next year.  Look at the present. Snow has sign core players at very good contracts. We have a top 5 player sign at 5.5 million for 6 years....thats unbelievable.  I still don't know how he did that. The core players are signed at decent price. Are you saying the money he spent this summer was foolish...if you are than you know nothing about hockey. He sign two solid veteran players players that play responsible  defensive hockey  and will provide secondary scoring which we desperately needed.If they get the scoring touch like they had when they played together...lookout. It provides us options as well at the forward position. If a player isn't playing well now we can sit him  as we have depth. they have finally addressed the goaltending issues. We haven't had stability in net since osgood days...and that was even questionable. He will obtain a defensmen as well. I'm with you that the team has let us down in the past....big time. im not disputing that but, winning will make me forget pretty fast. For the first time since acquiring Peca and Yashin im feeling confident going in this season. With the new signings, young players developing(Nelson, Dehaan Lee, Strome) and i think the players were embarrassed from last year is formula for success. Stop being so grumpy and cheer for you team....we finally have a team to cheer for team.

Logan Monstuart
Logan Monstuart

@slapshot18_rs @Logan Monstuart I expect the gm to do his job. Evaluating talent is the number one requirement of the job, and that includes finding diamonds in the rough. Happens routinely in professional sports. (Don't mention the name Jeff Bagwell to BoSox fans. (Or Zdeno Chara to Isles fans.)) Gotta know what to look for. Gotta be able to see what stands out.

Again: I saw Oli Jokinen skate one shift and knew he was a player. Something he did along the boards, I forget exactly what. But that's all it took. And I'm not a gm.

Logan Monstuart
Logan Monstuart

@slapshot18_rs @isles23 This is the NHL, not the NCAA, where two good players is enough on any line. Your top line needs three topflight players, and neither Lee nor Nelson is ready. We don't have a first line.

bammer26
bammer26

@isles23 - LOL, doesn't matter how many games huh? Save % is only one component for the bottom line, WINS and LOSES.


Another issue you fail to mention during his time with the Caps is they were still chasing the 8th seed for a spot. The pressure was on Adam Oates and the defensive side of their game. Ovie was a ridiculous -30 around that time, and every media outlet in Cap land heard that GM McPhee had stressed more responsibility on their side of the puck. Didn't work, as Ted Leones cleaned house, but my point is that you are missing intangibles during his short time there. 


Halak is a talented guy, but he has been the recipient of two very good defensive minded teams/systems over his success. 


We'll see soon enough how Halak fairs with Cappy and our starting back six..

isles23
isles23

@logsn. Finding diamonds in the rough has actually been a strong suit for Snow. The best example being Moulson. But as slap said its easier said than done and even harder finding dmen. Chara wasn't a diamond in the rough, we knew he was gonna be good but we got a top center at the time for him and you have to give to get.

Logan Monstuart
Logan Monstuart

@isles23 Agree w Moulson, don't agree w all the other bargain basement Snow pickups, too numerous to mention. (Bouchard and Regin jump to mind, Snow's two big off-season moves last year, traded together for a fourth-round draft pick.).

And Jayson Blair before him. (Milbury?) Both from LA.