TSN report: Owner Charles Wang in talks to sell Islanders
UNIONDALE - Islanders owner Charles Wang is in talks to sell his majority share of the team, according to TSN's Bob McKenzie.
Wang released a statement this afternoon saying he has been and remains willing to listen to interest in purchasing the team, but that it does not mean any deal will be reached.
Wang agreed to move the Islanders to Brooklyn on a 25-year lease at the Barclays Center after a number of proposals to stay in Nassau County failed. The franchise will officially call the borough its home in 2015.
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Wang became an Islanders minority stakeholder in 2000. He purchased a controlling share of the team in 2004.