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.
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7 Articles
Report: Islanders selling franchise stake at $3B valuation
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 ...
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
Report: Islanders to sell stake in team at $3 billion valuation - Daily Faceoff
One of the league’s legendary franchises is going for a big dollar amount these days. According to Sportico, the New York Islanders have agreed to sell 15 percent of their stake to a group of investors. The valuation of that percentage is around $3 billion. The New York Islanders reached an agreement to sell roughly 15% of the NHL franchise to a handful of investors at a $3 billion valuation, according to three people familiar with the details.…
Islanders Selling Stakes in NHL Team at $3 Billion Valuation
The New York Islanders reached an agreement to sell roughly 15% of the NHL franchise to a handful of investors at a $3 billion valuation, according to three people familiar with the details. The club previously announced venture capital investor David Shuman as a new investor. The other investors were not immediately known, including one […]
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