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Statement from Chairman/Managing Partner Jeff Vanderbeek

Tuesday, 02.1.2011 / 7:07 PM ET / News
New Jersey Devils
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Statement from Chairman\/Managing Partner Jeff Vanderbeek
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New Jersey Devils Chairman/Managing Partner Jeff Vanderbeek released the following statement this afternoon:

"As Managing Member of the New Jersey Devils, it is not my desire to sell the team.  My partner, Brick City, and I have different visions for the franchise.  While Brick City has a right, under our partnership agreement, to explore a sale and Moag and Co. has been retained to assist in these efforts, I anticipate maintaining a controlling interest."