A Changing In The Guard

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charles-wangWell – the transition begins.

Here is the official notice from the Islanders Web Site:

UNIONDALE, NY (August 19, 2014) – The New York Islanders announced today that a group led by former Washington Capitals co-owner Jon Ledecky and London based investor Scott Malkin has reached a definitive agreement, subject to NHL approval, to purchase a substantial minority interest in the team. Under the terms of the agreement, Charles Wang will continue as majority shareholder and Governor of the Islanders, with the Ledecky/Malkin group transitioning to majority owner in two years.

“We are pleased to have the opportunity to become partners in the New York Islanders with Charles, and to pursue our shared dream of winning a fifth Stanley Cup for the greatest fans in the NHL,” Mr. Ledecky said.

“I’m thrilled that Jon and Scott have agreed to join me as we start the Islanders’ final year at Nassau Veterans Memorial Coliseum,” Mr. Wang said. “I look forward to a long and successful partnership.”

There will be no further comment until the NHL completes its franchise ownership transfer process.

It has been a long process, but in two years – there will be an official changing of the guard in Islanders Country.

It may not have been smooth sailing and pleasant skies for the entire tenure of his ownership, but remember, if Charles Wang did not come around when he did, there would not be a team here.  We would not have had the opportunity to cheer on JT, Okie, and the other guys.  We would have never seen Peter Laviolette come in and take the league by storm.  We would have never saw that “One Eyed MouthPiece Chewer” get that great penalty shot goal against the Leafs.  We would have never seen the “GOOD” that Rick DiPietro gave us (despite all the other stuff).

There are a lot of good that came out of the tenure.  And even as we are saying goodbye to Uniondale and the move west in a year, it was Wang who wanted to leave this team HERE.  Politics made that decision for us.

We at ISLES TALK wish Jon and Scott the best of luck in their transition to ownership of the team.  We know that you will honor the Isles traditions and wish to get Cup number 5 to the Islander nation.