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New York Islanders Sold to Former Washington Capitals Owner

 
 New York Islanders Sold to Former Washington Capitals Owner
Posted Tuesday, August 19th 2014 @ 5pm

The New York Islanders announced today that the team was sold to a London-based investor and former Washington Capitals co-owner Jon Ledecky for a minority interest in the team.

Current owner Jonathon Wang will still hold the majority investment in the team for the next two years. After the two years are up, the team will be transferred over to the new investors.

 

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Source: PIX 11

Photo Credit: Getty Images

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