Thread: Speculation: Devils Financial Situation
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11-20-2012, 11:12 AM
Glory Days
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With Ray Chambers being part of the group that invested in the YES Network, and now that 49% of the network is being sold, his shares are being reduced to 12%, resulting in him earning 5x his original investment with the network

Being that Chambers is still on the books as a part owner of the Devils, and despite the fact that he and JVB aren't on great terms, will the Devils see any of the money he is making going to help the arena debt?

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