{"id":22292,"date":"2014-08-19T14:41:00","date_gmt":"2014-08-19T14:41:00","guid":{"rendered":"http:\/\/www.stub.com\/hq\/news\/charles-wang-to-sell-islanders\/"},"modified":"2014-08-19T14:41:00","modified_gmt":"2014-08-19T14:41:00","slug":"charles-wang-to-sell-islanders","status":"publish","type":"post","link":"https:\/\/www.stub.com\/hq\/news\/charles-wang-to-sell-islanders\/","title":{"rendered":"Charles Wang to sell Islanders"},"content":{"rendered":"<p>Uniondale, NY (SportsNetwork.com) &#8211; Charles Wang has a deal in place to eventually transfer ownership of the New York Islanders to a group led by Jon Ledecky, the team announced Tuesday.<\/p>\n<p>Ledecky, a former co-owner of the Washington Capitals, and London-based investor Scott Malkin reached an agreement to purchase a substantial minority interest in the team. The group will then take over majority ownership in two years.<\/p>\n<p>Wang will continue as majority shareholder and governor of the Islanders during that time.<\/p>\n<p>The sale is subject to approval by the NHL Board of Governors.<\/p>\n<p>&#8220;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,&#8221; Ledecky said in a statement.<\/p>\n<p>Wang became a part-owner of the Islanders in 2000 and has been the sole owner since 2004.<\/p>\n<p>&#8220;I&#8217;m thrilled that Jon and Scott have agreed to join me as we start the Islanders&#8217; final year at Nassau Veterans Memorial Coliseum,&#8221; Wang said in a statement. &#8220;I look forward to a long and successful partnership.&#8221;<\/p>\n<p>The Islanders will move to Brooklyn&#8217;s Barclays Center in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uniondale, NY (SportsNetwork.com) &#8211; Charles Wang has a deal in place to eventually transfer ownership of the New York Islanders to a group led by Jon Ledecky, the team announced Tuesday. Ledecky, a former co-owner of the Washington Capitals, and London-based investor Scott Malkin reached an agreement to purchase a substantial minority interest in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-22292","post","type-post","status-publish","format-standard","hentry","category-nhl"],"_links":{"self":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts\/22292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/comments?post=22292"}],"version-history":[{"count":0,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts\/22292\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/media?parent=22292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/categories?post=22292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/tags?post=22292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}