Contact Us

76ers Owner Buys New Jersey Devils

NEWARK, N.J. (AP) — Philadelphia 76ers owner Josh Harris is the new owner of the New Jersey Devils.

Getty Images

The founder of one of the world’s largest private equity firms. Harris and his group paid $320 million to Jeff Vanderbeek for the rights to the Devils and the lease to the Prudential Center.

The deal was announced Thursday morning after the attorneys for the two sides took about 15 extra minute to sign off on the transfer of the financially strapped three-time Stanley Cup champions.

Harris, whose main partner is fellow equities investor David Blitzer, needed roughly a week to close the deal after talks with Philadelphia attorney Andrew Barroway fell through.

The NHL’s board of governors approved the deal on Wednesday.

Vanderbeek will remain with the Devils as a senior adviser.

More from Team 600

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://krod.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 600 ESPN EL PASO quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on 600 ESPN EL PASO quickly by logging in with your Facebook account. It's just as secure, and no password to remember!