: Confirmed with Link:
Vanderbeek Sole Devils Owner
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01-03-2013, 03:13 PM
Join Date: Mar 2010
Gilfillan, the president of Brick City Hockey LLC, issued a statement on the transfer of ownership shares.
“Brick City’s involvement with the Devils was to make professional sports a catalyst for economic development in downtown Newark, along with staging events for concerts and family shows, and to complement performances in the nearby New Jersey Performing Arts Center,” Gilfillan said. “Brick City feels we have accomplished that goal, with Jeff as our partner.
“Our goal to stimulate and facilitate that growth has been achieved, and is obvious to everyone, given how much development has occurred near the Prudential Center and the Performing Arts Center, from what is underway, and is to come.”
Devils president and general manager Lou Lamoriello maintained throughout that the ownership situation and team debt were not impacting how he conducted his business. Still, he was pleased to have it settled.
“Jeff has worked very hard on this and I’m very happy for him to get it behind him,” Lamoriello said. “I wasn’t involved in the process, but it’s good for him and brings stability to the organization.”
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