Charles Wang is offering to sell 75 percent of the New York Islanders, according to a report in SportsBusiness Journal. Wang has apparently placed a $370 million value on the team, so any buyer will need to come up with $277.5 million to grab three quarters. There’s also a “five-year option on the other 25 percent,” per the SBJ report.
Report: Wang values Isles at $370 million, offering to sell 75 percent
Pro Hockey Talk | Apr 26