Devils Complete Team Refinancing
According to a statement from Vanderbeek, the Devils have completed the refinancing of the team’s debt and Vanderbeek has now assumed sole ownership of the club.
The Devils have been flirting with bankruptcy for some time and there were questions whether Vanderbeek could retain ownership of the club.
For more on this story visit: Katie Strang, ESPNNewYork.com
Tags: New Jersey Devils