Knowledge Builders

who is the owner of the new jersey devils

by Joelle Crona Published 3 years ago Updated 2 years ago
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Josh Harris

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How much did the Devils sell for?

In 2000, McMullen sold the team to Puck Holdings, an affiliate of YankeeNets (now Yankee Global Enterprises) for $176 million. The owners wanted to program Devils games on what eventually became the YES Network and move the team to a new arena in Newark.

Who owns the Sixers and Devils?

Fanatics CEO Michael Rubin, a prominent minority owner of the Philadelphia 76ers, is selling his stake in the Harris Blitzer Sports & Entertainment company that owns the Sixers and New Jersey Devils, he announced Wednesday.

How much would it cost to buy the New Jersey Devils?

This graph depicts the value of the New Jersey Devils franchise of the National Hockey League from 2006 to 2021. In 2021, the franchise had an estimated value of 775 million U.S. dollars.

Where did the NJ Devils come from?

New JerseyNew Jersey Devils / LocationThe franchise now known as the New Jersey Devils began its NHL life in 1974 as the Kansas City Scouts. Two years later, the team was sold and moved to Denver, where it was renamed the Colorado Rockies.

Does Will Smith own the 76ers?

It is true that the Smiths purchased a minority stake in the 76ers, Will's hometown team, in 2011. But they were part of a group that was headed by private equity investor Josh Harris, and he remains the principal owner.

How much of the 76ers does Michael Rubin own?

The Athletic's Shams Charania and ESPN's Adrian Wojnarowski reported that Rubin's share in Harris Blitzer Sports & Entertainment, which owns the Sixers and Devils, is 10 percent.

How much do Devils season tickets cost?

New Jersey Devils 2021-22 Season Tickets & Partial Plans Season ticket prices range from $1782 to $5,798 per seat. Partial plans come in three options: the All-Star Plan (12 games), the Weekend Plan (10 games), and a build you own option (12 games).

Are the NJ Devils profitable?

Even with this offseason's spending spree, the team went on this summer, the Devils are set to be very profitable next season after two hard seasons caused by the coronavirus pandemic. Bookies.com looked at the future financial success of every NHL franchise, and the Devils are in a great position.

How popular are the Devils?

For 2020, Devils fans rank 238th out of 250. They are the 15th highest ranked NHL team. They have the respect of the list makers in terms of NHL teams. Just because a team has a bigger fanbase doesn't mean it's a better fanbase.

Who has the most NHL Stanley Cups?

the Montreal CanadiensDespite their last championship coming in 1993, the Montreal Canadiens have an extremely comfortable lead for first place among title winners in NHL history. Montreal, an “Original Six” club, has 23 Stanley Cup championships since 1918, which is 11 more than the next-closest team.

Will the New Jersey Devils change their name?

“I can assure you the Devils name will never change, and I think there are more important things to be thinking about than something that will never happen,” chief executive officer Lou Lamoriello said.

Where do NHL teams stay in New Jersey?

The majority of teams stay at the Marriott Hotel, just across the parking lot from 40-year-old Nassau Coliseum, the oldest building in the National Hockey League, and see little more than the walk to the arena and the visitors' dressing room.

Who owns the Philadelphia 76ers?

Harris Blitzer Sports & EntertainmentPhiladelphia 76ers / Parent organizationThe Philadelphia 76ers are a part of Harris Blitzer Sports & Entertainment (HBSE), which houses a diverse portfolio of sports and entertainment franchises, of which Josh is the Founder. Outside of the 76ers and HBSE, Harris runs Apollo Global Management, which he founded with two partners in 1990.

Who has owned the 76ers?

Josh HarrisThe 76ers have only been back to the NBA Finals once since then: in 2001, where they were led by Iverson and lost to the Los Angeles Lakers in five games....Philadelphia 76ersOwnershipJosh HarrisAffiliation(s)Delaware Blue CoatsChampionships3 (1955, 1967, 1983)Conference titles5 (1977, 1980, 1982, 1983, 2001)20 more rows

Why is Michael Rubin selling?

Billionaire Michael Rubin is selling his ownership stake in the Philadelphia 76ers. This is due to a conflict with Rubin's growing sports e-commerce company, Fanatics, which is looking to expand into sports betting. Fanatics is currently valued at $27 billion.

How much are Sixers worth?

The 76ers were valued at $2.45 billion, according to Forbes. That was the 11th highest value among the NBA's 30 teams. The Devils are valued at $775 million, 15th in the 32-team NHL.

Who owns the Devils?

New Jersey Devils. On August 15, 2013, it was announced that HBSE, led by Harris and partner Blitzer purchased a majority stake in the New Jersey Devils of the NHL, which includes the rights to operate Prudential Center in Newark, New Jersey. The transaction was reportedly for over $320 million.

Who bought Aston Villa?

Harris and Blitzer were rumored to be interested in purchasing Premier League team Aston Villa, following the announcement by Randy Lerner that the club is up for sale. Harris was then further linked in acquiring South London club Crystal Palace, currently of the Premier League. After more than a year of talks, Harris and Blitzer each bought an 18% stake in Crystal Palace in December 2015, matching the stake owned by team chairman Steve Parish and giving the three control of the club.

How much did Harris invest in LyondellBasell?

In 2008, Harris and his Apollo partners invested $2 billion into LyondellBasell before it filed for bankruptcy in 2009. When Apollo eventually sold their shares in the company in 2013, they realized a paper profit of $9.6 billion, the biggest profit ever from a private equity investment according to Bloomberg.

Who bought the Philadelphia 76ers?

Philadelphia 76ers. Harris and David S. Blitzer of the private equity firm Blackstone Group are the co-founders and managing partners of an investment group, Harris Blitzer Sports & Entertainment that won a $280 million bid for the purchase of the Philadelphia 76ers from Comcast Spectacor in 2011.

Who owns Crystal Palace?

After more than a year of talks, Harris and Blitzer each bought an 18% stake in Crystal Palace in December 2015, matching the stake owned by team chairman Steve Parish and giving the three control of the club.

Who was the buyout pro in 2004?

After graduating, he initially worked at Blackstone for 2 months before co-founding Apollo Global Management with Leon Black and Marc Rowan in 1990. Harris and Rowan were named Buyout Pros of the Year for 2004 by BuyoutsInsider.com.

Who is Joshua Harris?

5. Joshua Harris (born 1965) is a billionaire American private equity investor and philanthropist who co-founded Apollo Global Management, one of the world's largest alternative investment firms.

What was the New Jersey Devils' name?

1982–1993: Building the foundation. The mythological Jersey Devil was the inspiration for the team's name. On June 30, 1982, the team was renamed the New Jersey Devils, after the legend of the Jersey Devil, a creature that allegedly inhabited the Pine Barrens of South Jersey.

What is the Devils team?

The New Jersey Devils are a professional ice hockey team based in Newark, New Jersey. The Devils compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference. The club was founded as the Kansas City Scouts in Kansas City, Missouri, in 1974.

How long did Kovalchuk stay with the Devils?

During the off-season, the Devils signed Kovalchuk to a 15-year, $100 million contract, keeping him in New Jersey until the conclusion of the 2024–25 season; the move came after the NHL had rejected a 17-year contract for allegedly circumventing the NHL Collective Bargaining Agreement (CBA).

How many goals did the Devils score in 2008?

This led to many high scoring games early in the season for New Jersey. The Devils went on to score 244 goals in the 2008–09 season, the most the team had scored in eight seasons. However, with the return of Lemaire as head coach, the Devils resumed a more defense-oriented playing style, scoring just 222 goals and allowing only 191, an NHL best in the 2009–10 season, earning Martin Brodeur his fifth William M. Jennings Trophy.

What year did the Devils win the Stanley Cup?

The Devils celebrate moments after defeating the Detroit Red Wings in the 1995 Stanley Cup Finals. The victory brought the club its first Stanley Cup.

Who was the Devils head coach in 2014-15?

The 2014–15 season opened with the Devils' roster suffering with injuries, and consequently the team accumulated losses. On December 26, Peter DeBoer was fired from the head coach position. To replace him, Lamoriello invested in two head coaches, former Devils player Scott Stevens (who had been DeBoer's assistant for two years) and Adam Oates, with Lamoriello himself supervising the team during the first months. The Devils finished the season as the sixth-worst team in the League, 20 points away from a playoff spot and with just one victory in the last 11 games.

How many points did Gomez have with the Devils?

Recording 484 points with the Devils, Scott Gomez is the fifth highest all-time points leader in franchise history.

Who owns the Devils arena?

The New Jersey Devils and operating rights to their arena have been sold to billionaire Josh Harris. (USATSI)

Who bought the Philadelphia 76ers?

Harris and his primary partner, David Blitzer, are also part of the group that purchased the Philadelphia 76ers for a reported $280 million in 2011.

How much did Harris pay for the 76ers?

An individual with knowledge of the sale agreement said Harris’s group will pay "more than $320 million," a stunning price for a team that has been mired in debt. Harris and his primary partner, David Blitzer, are also part of the group that purchased the Philadelphia 76ers for a reported $280 million in 2011.

What was the New Jersey Devils' name?

1982–1993: Building the foundation. The Jersey Devil served as the inspiration for the team's name. On June 30, 1982, the team was renamed the New Jersey Devils, after the legend of the Jersey Devil, a cryptozoological creature that supposedly inhabited the Pine Barrens of South Jersey.

What division are the Devils in?

With the NHL realigning their conferences and divisions for the 1993–94 season, the Devils were now members of the Eastern Conference's Atlantic Division . Under Lemaire, the team roared through the 1993–94 regular season with a lineup including defensemen Scott Stevens, Scott Niedermayer and Ken Daneyko, forwards Stephane Richer, John MacLean, Bobby Holik and Claude Lemieux, and goaltenders Chris Terreri and Martin Brodeur, the latter goaltender being honored as the League's top rookie with the Calder Memorial Trophy. The Devils' first 100-point season earned them the NHL's second-best record behind the New York Rangers. However, due to the NHL's new playoff format, the Devils were seeded third in the East, behind the Atlantic Division champion Rangers and Northeast Division champion Pittsburgh. The Devils and Rangers met in a memorable Eastern Conference Finals match up, which went seven games. The Devils had lost all six regular season meetings to the Rangers, but were up for the challenge, after Richer scored the game-winning goal in the second overtime of Game 1. Going into Game 6, the Devils led the series 3–2 after having dominated Game 5 in Madison Square Garden. Before the game, Rangers captain Mark Messier made his famous guarantee that the Rangers would win Game 6. Keeping true to his word, Messier led his team back, netting a natural hat-trick, and leading the Rangers to a 4–2 victory after the Devils were up 2–0. In Game 7, the Devils' Valeri Zelepukin tied the game with 7.7 seconds remaining, but the Devils were defeated in double overtime, on a goal by Stephane Matteau. Devils fans, however, claimed that Esa Tikkanen was in the crease, and the goal should have been wiped out. Nonetheless, the series is viewed by many hockey fans as one of the best playoff series in NHL history.

How many points did the Devils miss in the 2013-14 season?

During the 2013–14 season, the Devils missed the playoffs by five points, marking the only time they did not qualify for the post-season twice in a row under Lamoriello. Among the team's problems were inconsistent goaltending, an overreliance on aged players—Jaromir Jagr led the team scoring at the age of 41—and a failure to win any of the 13 shootouts the team played in. The Devils played their first outdoor game on January 26, 2014, against the New York Rangers as part of the 2014 NHL Stadium Series, a game they ultimately lost 7–3. The game was played at Yankee Stadium with almost 50,000 spectators in attendance. Later that year, on March 6, the NHL announced that it had decided to partially reverse the penalties previously imposed against the Devils for the signing of Ilya Kovalchuk in 2010, whose contract was ruled to have circumvented the NHL's salary cap. The penalties, which stipulated that the Devils had to forfeit a third-round draft pick in 2011, a first-round pick in one of the next four drafts and pay a $3 million fine, was reduced to a $1.5 million fine and saw the Devils receive their first-round pick back, which they used to select John Quenneville 30th overall in 2014.

How many times have the Devils been in the Stanley Cup?

Since 1995, the franchise has played in the Stanley Cup Finals five times, winning the Cup in 1995, 2000 and 2003.

What teams did the Imperatore move to?

Imperatore's plan received criticism, as it would have resulted in the Rockies moving to a location near the markets of three existing teams: the New York Islanders, New York Rangers, and Flyers. Also, there was no suitable facility in the Meadowlands at that time to host the team's games.

When did the Devils win their first game?

The Devils' first game ended in a 3–3 tie with the Pittsburgh Penguins on October 5 , 1982. Their first win, a 3–2 victory, came in New Jersey at the expense of the Rangers. The team finished with a 17–49–14 record, putting them three points above last place in the Patrick Division.

Who was the Devils blown out by?

In the following season, the Devils were criticized by Wayne Gretzky after they were blown out 13–4 by his team, the Edmonton Oilers. Gretzky was upset that former teammate Ron Low played for what he considered an inferior team, and in a post-game interview said:

Where did Tom Fitzgerald coach the Devils?

He began his coaching career in 1993-94 as an assistant with the Florida Panthers where he coached current Devils General Manager, Tom Fitzgerald. He spent four seasons in Florida, through 1996-97, and was behind the bench for the squad that went to the 1996 Stanley Cup Finals.

Who is the goalie that influenced Jordan Binnington?

He also crafted video packages and reports on opposing goaltenders and would visit goaltenders throughout the St. Louis system. Rogalski is credited with influencing Jordan Binnington's success late in the 2018-19 season, and his subsequent run to the Stanley Cup Championship with St. Louis.

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VIDEOS

Overview

Joshua Harris (born 1965) is a billionaire American private equity investor and philanthropist who co-founded Apollo Global Management, one of the world's largest alternative investment firms. Harris is the principal owner and managing partner of the New Jersey Devils of the National Hockey League and the Philadelphia 76ers of the National Basketball Association, and is a general partner in Crystal Palace of the English Premier League.

Early life and education

Harris was born to a Jewish family in 1965 and raised in Chevy Chase, Maryland. He attended high school in Washington D.C at The Field School. Harris graduated summa cum laude with a B.S. in economics from the Wharton School of the University of Pennsylvania in 1986, and then received his MBA from the Harvard Business School as a Baker Loeb Scholar. He wrestled in college.

Financial career

He began working in the mergers-and-acquisitions department at Drexel Burnham Lambert in 1986 and worked there for two years before leaving to get his MBA at Harvard. After graduating, he initially worked at Blackstone for two months before co-founding Apollo Global Management with Leon Black and Marc Rowan in 1990.
Harris and Rowan were named Buyout Pros of the Year for 2004 by BuyoutsInsider.com.

Sports Investments

Harris and David S. Blitzer of the private equity firm Blackstone Group are the co-founders and managing partners of an investment group, Harris Blitzer Sports & Entertainment that won a $280 million bid for the purchase of the Philadelphia 76ers from Comcast Spectacor in 2011. The other members of the investment group were portfolio manager Art Wrubel, a fellow Wharton School of the University of Pennsylvania graduate, as well as former NBA agent and Sacramento Kings ex…

Philanthropy

Harris and his wife Marjorie co-founded Harris Philanthropies, formerly known as the Harris Family Charitable Foundation, in 2014. The foundation’s stated goals are "to uplift communities in need, pioneer solutions and promote education and leadership development."
Harris has supported After-School All-Stars and America SCORES which help low-income youth to combine their love of athletics with academic success.

Personal life

Harris is married to Marjorie Harris (née Rubin), they have five children, and live in Miami. In 2020, the family moved to Miami, Florida from New York City. Harris sits on the board of Mount Sinai Medical Center, Harvard Business School, and Wharton’s Board of Overseers. In 2013, he was honored by the National Wrestling Hall of Fame with the Outstanding American Award. Harris regularly supports the teams he is involved with by attending games and he trains and runs in m…

External links

• Harris Philanthropies website

Overview

The New Jersey Devils are a professional ice hockey team based in Newark, New Jersey. The Devils compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference. The club was founded as the Kansas City Scouts in Kansas City, Missouri, in 1974. The Scouts moved to Denver in 1976 and became the Colorado Rockies. In 1982, they moved to East R…

History

In 1972, the NHL announced plans to add two expansion teams, including one in Kansas City, Missouri owned by a group headed by Edwin G. Thompson. The new team was nicknamed the Scouts in reference to Cyrus E. Dallin's statue of the same name which stands in that city's Penn Valley Park. In the team's inaugural season, 1974–75, the Scouts were forced to wait until the ninth gam…

Team identity

The team colors are red, black and white, and they can be seen on both the home and road jerseys. The home jersey, which was the team's road jersey until the NHL swapped home and road colors in 2003, is dominantly red in color. There are three black and white stripes, one across each arm and one across the waist. The road jersey (the team's former home jersey) is white in color wit…

Players and personnel

Updated August 10, 2022
The Devils have retired five numbers.
Notes:
• Daneyko holds the record for most games played in the Devils uniform with 1,283 (and spent his entire career with the team).

Franchise records

Scoring leaders
These are the top-ten point-scorers in franchise history (Kansas City, Colorado and New Jersey). Figures are updated after each completed NHL regular season.
• * – current Devils player

Affiliate teams

The Maine Mariners were the Devils' first American Hockey League (AHL) affiliate, from 1982 to 1987. The team moved in 1987 and became the Utica Devils, serving as New Jersey's affiliate until 1993. The Albany River Rats became their affiliate from 1993 to 2006. In 2006, the Devils bought the Lowell Lock Monsters and renamed them the Lowell Devils, which moved in 2010 to become the Albany Devils. The Albany Devils moved after the 2016–17 season and became the Binghamt…

Television and radio

Television: MSG Plus
• Bill Spaulding – play-by-play
• Ken Daneyko – color commentator
• Bryce Salvador – studio and color commentator

External links

• Official website

1.Josh Harris | New Jersey Devils Owner & Managing Partner

Url:https://www.nhl.com/devils/team/josh-harris

17 hours ago Josh Harris is the Managing Partner of the New Jersey Devils. He is the Co-Founder of Harris Blitzer Sports & Entertainment (HBSE), which acquired the team in 2013.

2.NJ Devils Partners and Senior Leadership | New Jersey …

Url:https://www.nhl.com/devils/team/managing-and-limited-partners-senior-leadership

11 hours ago  · Philadelphia 76ers owner Josh Harris and business partner David Blitzer on Thursday bought the Devils and the lease to the Prudential Center from Jeff Vanderbeek for …

3.Josh Harris (businessman) - Wikipedia

Url:https://en.wikipedia.org/wiki/Josh_Harris_(businessman)

8 hours ago  · New Jersey Devils owners Josh Harris and David Blitzer have joined a growing list of professional sports owners trying to do the right …

4.New Jersey Devils - Wikipedia

Url:https://en.wikipedia.org/wiki/New_Jersey_Devils

26 hours ago  · He joins the Devils after spending the past three seasons as an Assistant Coach with the New York Rangers, working under Alain Vigneault (2017-18) and David Quinn (2018-19 & …

5.Josh Harris Buys The New Jersey Devils - CBS Philadelphia

Url:https://www.cbsnews.com/philadelphia/news/josh-harris-buys-the-new-jersey-devils/

16 hours ago

6.New Jersey Devils sold to group led by Josh Harris, David …

Url:https://www.cbssports.com/nhl/news/new-jersey-devils-sold-to-group-led-by-josh-harris-david-blitzer/

34 hours ago

7.NJ Devils owners Josh Harris, David Blitzer pledge to …

Url:https://www.northjersey.com/story/sports/nhl/devils/2020/03/13/nj-devils-owners-josh-harris-and-david-blitzer-pledge-take-care-arena-workers/5043110002/

22 hours ago

8.History of the New Jersey Devils - Wikipedia

Url:https://en.wikipedia.org/wiki/History_of_the_New_Jersey_Devils

25 hours ago

9.Coaching Staff | New Jersey Devils

Url:https://www.nhl.com/devils/team/coaching-staff

31 hours ago

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