It has been reported that the New York Islanders current owner, Charles Wang, and Andrew Barroway have reached an “understanding” on a sale of the team.
— Chris Botta (@ChrisBottaNHL) May 16, 2014
The Islanders track record under the ownership of Wang is one of perpetual losing. Wang became owner of the franchise in 2000 and since then the Isles have enjoyed only five winnings seasons, five trips to the postseason, never advancing past the first round in that time, and have had eight different head coaches at the helm.
I know the prospect of Charles Wang selling the New York Islanders is music to the ears of many Islander fans, and for good reason, but he has done some good for the franchise as well. He took a team that was in utter disarray, and, frankly, spiraling out of control from a management standpoint, and at the very least became a foundation for the franchise. It can not be understated that, while the team is moving out of Nassau County, the team is staying local, I don’t know how many business men would have been so steadfast to assure that the team didn’t relocate to one of the many cities that clamored for an NHL franchise (Quebec, Kansas City, London, ON, to name a few).
If this is the end of the Wang era, and I think it likely will be, it will hopefully be the beginning of a new, more productive, era in the history of the Islanders, a franchise that has known incredible highs and disastrous lows in its 42 years of existence.