The group headed by Joshua Harris is getting closer to buying the New Jersey Devils from Jeff Vanderbeek, multiple sources tell Tom Gulitti of The Record.
Harris’ group already owns the NBA’s 76ers. There was a Philadelphia radio report earlier Friday that said Harris’ group had agreed to a purchase price which would cover all of Vanderbeek’s debt, which reportedly is hundreds of millions of dollars. Gulitti reports that all interested parties, including a group led by attorney Andrew Barroway, agreed to a price weeks ago, but nothing is “done.” There are a lot of moving parts in the sale, which is expected to continue the Prudential Center. The Devils and the NHL are hopeful of finalizing a deal by the start of the season.
Subscribe to NHL Trade Report updates on Facebook, on Twitter, by Email, or RSS.