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Report: LaFontaine approached by investors to buy Islanders

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TSN.ca Staff
10/1/2012 11:48:47 AM
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The New York Post reports that Hall of Famer Pat LaFontaine has been contacted by European investors recently about of buying the New York Islanders and keeping the team in Nassau.

According to sources with The Post's Josh Kosman and Larry Brooks, LaFontaine - who began his NHL career with the Islanders after being drafted by the club in 1983 - is 'intrigued' and may look to put together a bid.

The paper adds that Islanders owner Charles Wang, who is seeking a new arena for the franchise and reportedly looking to sell it for the right price, could be asking at a $300 million price tag.

Forbes magazine valued the Islanders at $149 million last year.

Wang has had trouble trying to get public financing for a $400 million arena to replace the 40-year-old Nassau Veterans Memorial Coliseum.

Lafontaine, 47, played 15 seasons in the NHL, eight of them with the Islanders. In 865 career games, he scored 468 goals and 1,013 points.

Pat LaFontaine (Photo: Mike Stobe/Getty Images)

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(Photo: Mike Stobe/Getty Images)
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