You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Professional

  • Brewers win to draw closer to Pirates
    Elian Herrera sprinted home on Logan Schafer’s sacrifice fly in the ninth inning and the Milwaukee Brewers edged the Pittsburgh Pirates 1-0 on Saturday night to tighten the race for the second National League wild-card spot.
  • Another injury for Yankees
    Jacoby Ellsbury was out of the New York Yankees lineup a day after straining his right hamstring, and the team’s most consistent player may be done.
  • Box scores
Advertisement

Islanders' owner announces sale

UNIONDALE, N.Y. – The New York Islanders have announced the team is being sold to a former Washington Capitals co-owner and a London-based investor.

In a statement Tuesday, the team says a group led by former Capitals co-owner Jon Ledecky and investor Scott Malkin has reached an agreement to buy a “substantial” minority interest in the team.

Terms were not immediately disclosed.

Under the agreement, current owner Charles Wang will continue as majority stockholder for two years, the team said. At that time, ownership will transfer to the Ledecky-Malkin group.

The team, which was founded in 1972, has announced plans to move from Long Island to Brooklyn following this season.

Advertisement