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Devils no longer have obligations to McMullen

Updated: August 23, 2003, 2:17 AM ET
ESPN.com news services

New Jersey Devils: General manager Lou Lamoriello said that a debt to former owner John McMullen has been satisfied and that it was not part of any deal to sell the New Jersey Nets.

Lamoriello, who also serves as the Devils' CEO and president, had issued a statement earlier in the day, saying "Puck Holdings, the entity that owns the New Jersey Devils, announced that the obligations owed today to the previous owners of the Devils have been satisfied."

"I'm talking about the debt ...

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