Source: Devils sale nearly complete

Updated: August 14, 2013, 11:49 PM ET
ESPN.com news services

Josh Harris, the owner of the NBA's Philadelphia 76ers, will add the NHL's New Jersey Devils and the lease to their arena to his portfolio Thursday, a source confirmed to ESPN.com's Scott Burnside.

Harris and his group will pay more than $320 million to purchase the cash-strapped franchise, The Record of New Jersey reported Wednesday night.

Attorneys for both sides were putting the final touches on the deal Wednesday that would allow Jeff Vanderbeek to sell his majority ownership ...

Read full story


Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.