Truth & Rumors > NHL
Islanders great contacted about buying franchise
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08:24 AM ET 10.01 | Perhaps the comeback of a former Islanders star may help dig the franchise out of trouble. Pat LaFontaine has been contacted by some European investors about the possibility of buying the money-losing team and keeping it on Long Island, The Post has learned. ... [LaFontaine]is intrigued by the opportunity and may look to put together some sort of bid, sources said. Islanders owner Charles Wang, who is seeking a new arena and has vowed not to play a single game at the aged Nassau Coliseum beyond the July 2015 end of his lease, has quietly let it be known that he is willing to sell the franchise if the price is right, sources close to the NHL said. Unfortunately for LaFontaine ... that price is said to be a sky-high $300 million.
Rick DiPietro, Getty Images
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Comments (33) Add A Comment
Fortune cookie say - "Beware of bad investments Pat."
Canuck eh?
Total Comments (18422)
The Winnipeg Jets cost $170 million, including relocation fee, and Wang Chung wants $300 mil for the damn Islanders?!
dannylimes
Toronto, ON
Total Comments (8033)
European investors? I wonder how much LaFontaine could really help. Do any of the younger fans today remember him from his playing days?
Nobody expects…
Total Comments (13159)
True. They aren't as enticing as the Coyotes for sure. Maybe if they were to move to a hotbed of hockey, like, oh, say.............Bug Tussle, Oklahoma?
Slapshot
Total Comments (8992)
You're implying the Isles have "younger fans". Or "fans", for that matter.
dannylimes
Toronto, ON
Total Comments (8033)
The Petticoat Prancers?
Canuck eh?
Total Comments (18422)
Way too much Wang ? ;-)
Harry Crack
Total Comments (7127)
I would sooner be in Bug Tussle than many other places.
Nobody expects…
Total Comments (13159)
Absolutely correct. Me too. I think Carl Albert, former Speaker of the House was from Bug Tussle. Not sure if that's a recommendation though. :-)
Slapshot
Total Comments (8992)
Oh those pink pads
NY Rangers
Total Comments (3753)
Wang Chung can't be too serious about selling the Isles if he's asking for $300 mill.
THE BISHOP!
Total Comments (13410)
How Much Did Wang Chung purchase the Isles for??? Is he looking to get a decent ROI asking for $300 mil???
Michael1971
Total Comments (184)
Flin Flon needs a damn team already!
dannylimes
Toronto, ON
Total Comments (8033)
CONKY!
dannylimes
Toronto, ON
Total Comments (8033)
He's not related to Crazy Guggenheim is he? (Frank Fontaine)
shiprock
Total Comments (11564)
"Pat LaFontaine has been contacted by some European investors about the possibility of buying the money-losing team and keeping it on Long Island..."
If the Euros want to own an NHL team, they should make an offer on the Phoenix Coyotes with the promise they'll move them to Sweden.
roamer
Total Comments (9586)
He has spent a lot of money to keep them afloat.
THE BISHOP!
Total Comments (13410)
He's still suffering from multiple concussions it seems.
bostongm
Total Comments (4607)
they would make a perfect canidate for the hartford whalers
uncle teabags
Total Comments (1263)
300M seems a little steep, unless the arena comes with it.
shiprock
Total Comments (11564)
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