According to NorthJersey.com, Joshua Harris and the owners of the NBA’s 76ers have joined the bidding to purchase the New Jersey Devils.
The Devils ownership saga has been inching toward this point for a while, but the process appears to have been accelerated by Vanderbeek’s financial issues following the lockout.
According to Gulitti, Harris’ group joined the fray after a sale agreement with a group led by attorney Andrew Barroway fell through last month. The report says Barroway’s group is still very much involved in the bidding process despite the previous agreement expiring. Barroway’s deal would reportedly increase his stake over time until current owner Jeff Vanderbeek was a minority owner. It’s unknown what sort of role, if any, Vanderbeek would have if Harris were to purchase the team.
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