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Report: Islanders Selling Franchise Stake at $3B Valuation

The deal would make the Islanders one of the NHL’s most valuable teams, with one investor set to own up to 10%, Sportico reported.

Summary by WTVB
By Field Level Media Sep 29 (Field Level Media) - The New York Islanders are selling a 15% stake in the club, with ​the team valued at $3 billion, Sportico ‌reported on Monday. Venture capitalist David Shuman was previously announced as a new minority ...

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The New York Islanders are selling about 15 percent of the club to new minority owners. The deal is based on a valuation of the NHL club of $3 billion and must be approved by the NHL. The investors have not yet been disclosed. The club has not commented on the information. The sale comes just four weeks after David Shuman was introduced as a new minority owner. The Islanders took […] Source

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Sportico.com broke the news on Monday, September 28, 2026.
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