An investment group led by former Washington Capitals co-owner Jon Ledecky and Scott Malkin has struck a deal to acquire a “substantial” minority stake in the New York Islanders that will increase to a controlling shareholding in the National Hockey League franchise in two years’ time.
The International Ice Hockey Federation (IIHF) has reportedly put forward four options to the International Olympic Committee (IOC) for the sport’s potential participation at the 2022 winter Olympic Games in Beijing.
Non-profit healthcare organisation MedStar Health has enhanced its partnership with Monumental Sports & Entertainment by taking on naming rights to training facilities used by a number of MSE-operated sports teams.
The marketing group of the Dairy Farmers of Ontario has entered into a partnership with NHL ice hockey team the Ottawa Senators, while it has agreed a separate deal with Maple Leaf Sports & Entertainment, through which it will support a number of Toronto-based teams.
Gary Bettman, commissioner of the National Hockey League (NHL), has said the US city of Seattle could secure an expansion franchise before the end of the year, but played down reports that a deal is imminent.
The International Ice Hockey Federation (IIHF) is to introduce a maximum term of 12 years for all Council positions within the sport’s global governing body, while the organisation has also announced the hosts for a number of its upcoming national team tournaments.