Let me start out by saying I have no evidence of this actually happening. But, when you think about it at face value, it makes an incredible amount of sense.
Charles Wang, current owner of the New York Islanders, and a billionaire has been struggling to move forward with his Mega Lighthouse Project, which has basically stalled at this point, and potentially puts the future of the New York Islanders franchise at risk.
There are other cities/areas that would line up to potentially woo the Islanders away, whether it's Queens, Brooklyn (both in New York), or places farther away like Kansas City, Quebec, Hamilton, Seattle/Portland or Winnipeg.
A key to the Lighthouse Project is the redevelopment of Nassau Coliseum, a facility that simply is not in the same class as more modern facilities like the Prudential Center of New Jersey, costing the Islanders dearly financially.
The New York Mets of Major League Baseball recently announced they are looking to sell about 20-25% of the ownership in their franchise to help raise money to offset losses from the Bernie Madoff scandal.
With the lawsuit now un ...
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Article written by levinakl
Charles Wang and New York Mets: A Potential Partnership To Help Each Other?
February 4th, 2011 by levinakl Leave a reply »
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