Islanders owner Wang says he won't sell team

New York Islanders owner Charles Wang said last night he will not put the team up for sale and will try to keep it in

SYOSSET - New York Islanders owner Charles Wang said last night he will not put the team up for sale and will try to keep it in Nassau.

"Obviously, we want to be in this area because that's our home," Wang said in an interview with Sirius XM Satellite Radio.

The reeling Islanders, who had lost 14 straight games and 20 of 21 this season, have a lease agreement with Nassau County through 2015.

While Wang says he has no plans to put the team on the auction block, he added that if his proposed Lighthouse Project does not work out in Nassau, he will look to another New York location, such as Suffolk County or Queens.

"If it doesn't work on Long Island, I'd like to be close enough so I can commute to the game and go to all the home games as best as I can," he said.

Fans say they are happy the Islanders will not be sold off, while the owners of businesses near Nassau Coliseum hope the team will stay put.

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