NY Islanders Sale Talk ONLY Part IV **Post 400, Isles SOLD**

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scott99

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May 13, 2005
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"Happy" that's a term and level I can get on board with. Happy and cautiously optimistic

I'm exactly there what you stated above. Like someone else stated, imagine buying a house, and having to wait 2 years to move in while the seller gets to stay there Scott free. I'd say my happiness is an uncomfortable happiness. When I first started getting alerts on my phone that Wang sold, I was ecstatic, like a giant weight came off my chest. Then the terms were announced and it was like a kick in the balls.
 

lorwood

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Nov 3, 2008
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I believe the "flat fee" is somewhat performance based though. In other words, he won't earn any more money if the Isles win the Cup than he would if they were to merely make the playoffs. But if the team stinks and they're not drawing, then the fee gets lowered. The problem is that no one seems to know the exact wording of the arrangement between Wang and Barclays, so it's all speculation. Anyway, the Wang "fire sale" isn't going to go over very well with the league or his new partners heading into Brooklyn if the team actually makes some noise this year. Life will get VERY difficult for him if he tries to pull a fast one.

And a grain of salt I can see, but the food you prepared for this thread crunches when you chew it.

I believe the lowered fee is in the single digits percentage wise. So cut enough expenses and you nill that number out.

Don't see how the NHL can make life that difficult especially when for all intensive purposes he will only be an investor come 2016, and don't forget about Wangs other venture with the NHL.

Listen you want to trust Wang,again, good luck but Wang is hanging on for two years and if that does not ring alarm bells then you have not been paying attention
 

CREW99AW

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Mar 12, 2002
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Wow. So glad this is settled.

Wish Wang was not hanging around for 2 more yrs.
 
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HawksIsles

Registered User
Dec 12, 2011
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This is chief of what concerns me, it's very peculiar.

We also have a gang ownership now that involves Charles Wang... Someone who isn't exactly known to play nice in the sandbox. Yes I'm sure these guys are shrewd businessmen but likely so was Barroway. When shrewd meets unscrupulous, unscrupulous usually wins out in the short term.

What if Wang does something unthinkable, like trading Tavares next year for boat load of draft picks?!

Can the future majority but current minority owners block this? :cry:
 

stranger34

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Mar 6, 2007
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Nassau County
Also worth pointing out that for all his crying poverty and bleeding money good old Charlie turned a pretty nice profit on his Islanders investment
 

Based Anime Fan

Himedanshi Bandit
Mar 11, 2012
7,991
6,930
Tokai
Coming from a fan who's experienced incompetent ownership and sale/move rumours for years, I feel good for you guys. The Wang experiment was a disaster.
 

CREW99AW

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Mar 12, 2002
40,928
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What if Wang does something unthinkable, like trading Tavares next year for boat load of draft picks?!

Can the future majority but current minority owners block this? :cry:

C'mon. Why would Wang, who's team is in a cap league, trade JT on a team friendly contract, for a boatload of prospects?:shakehead
 

Poliz24

Registered User
Jun 25, 2012
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What if Wang does something unthinkable, like trading Tavares next year for boat load of draft picks?!

Can the future majority but current minority owners block this? :cry:

If garth wants a job in 2 years when these 2 guys take over, he won't do that.
 

doublechili

For all intensive purposes, your nuts
Apr 11, 2006
19,012
15,489
I'm guessing this deal is at least partly about synergy. I'm making this all up, but I'll bet at least some of this is true ( :laugh: ):

Malkin's business is retail/real estate. He develops and runs luxury "shopping villages" throughout Europe and now also in China. (Any chance Wang gets some kind of involvement in the real estate in China?)

And wasn't there a rumor last week that "the other bidder" was involved in apparel? Well, it's one thing to manufacture apparel, it's another thing to get it placed in retail locations. Malkin can do that. I and others ha've been saying for a year now that people are underestimating the value of "Brooklyn" as a marketing deal. I wasn't thinking of Europe, but I think all the leagues (see NFL) want to get into overseas markets even a little bit like the international soccer leagues do here.

Waiting 2 years to assume full ownership is okay in that they're not going to have to be majority owners in the lame duck year at NVMC and can start fresh in Brooklyn. They either wanted to wait the extra year, or it was a carrot to Wang to have 1 year in Brooklyn too.

FWIW, the chances of the primary uniform design/colors and/or logo changing just went up. We'll see what happen in 2 years.

I would not be surprised if the NHL was advocating these guys as owners (remember that Barroway alleged in his Complaint that the NHL was suggesting Wang talk to other potential buyers but Wang said Barroway had the deal). Maybe the NHL wanted Wang to talk to these guys as a furtherance of their push to Europe. My suspicion is that Ledecky is the deal-maker, but Malkin is the guy who really appealed to the league with his European and Chinese retail connections. BTW, I'll bet the Isles will play their preseason in England in 2016.

Oh yeah. We're big-time now.
 

doublechili

For all intensive purposes, your nuts
Apr 11, 2006
19,012
15,489
BTW, if my last post wasn't crazy enough, any chance drafting Ho-Sang, with a Chinese last name, was not 100% a hockey move? :amazed: :sarcasm:
 

Al Arbour

Registered User
Aug 18, 2014
136
0
New York
WOW! Just logged on and was STUNNED to see this!!!

Recently, I haven't been following the NYI Sales talk, because there have been rumors every year and I didn't think it was going to happen.

:handclap:
 

periferal

Registered User
Jul 5, 2007
29,251
16,632
The Contract...

Wouldn't you just kill to get your hands on the fully-executed contract right now?
 

ZeroPT*

Guest
I know we have your pick, but I've always liked the Isles and I hope you guys do well (delaying it might not be the worst thing, right? ;)) Anyhow, enjoy a new era!

Colbert-High-Five.gif
 

JZCislesHockey

Registered User
Jul 29, 2013
2,151
45
Long Island, NY
Get off the ledge everyone. Just accept the fact that we have great news, regardless of the stipulations. My god, we'll win the cup and some of you people will still be wearing tinfoil hats.
 

scott99

Registered User
May 13, 2005
11,043
1,581
Coming from a fan who's experienced incompetent ownership and sale/move rumours for years, I feel good for you guys. The Wang experiment was a disaster.

Thanks man, and congrats on your new owner, and good luck this season.
 
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