So what does this have to do with the Islanders? If Mikhail Prokhorov's ONEXIM Sports and Entertainment and Guggenheim Sports and Entertainment Assets "merge assets" it will play a factor into how the renovation of the Nassau Coliseum is financed
From Nets Daily:
It's possible for example that Bruce Ratner's rehabbed Nassau Coliseum could fit into such a partnership. It's been reported that Prokhorov's ONEXIM Sports and Entertainment is an investor in the Coliseum and that Guggenheim will help finance the $229 million project, which will get underway after the Islanders complete their season.Bruce Ratner will remain in control of Barclays center, the Islanders home following this season, according to the report.
Andrew Barroway, the almost owner of the Islanders, is back in the news after a New York Post report linked him to investing in the Arizona Coyotes.
The Philadelphia hedge fund manager will purchase 51 percent of the team with IceArizona retaining a 49 percent stake in the team, according to the Post. As part of the deal Barroway would end his lawsuit against current Islander owner Charles Wang, who he says backed out of a deal to sell the Isles to him.
The Islanders were later sold to Jon Ledecky and Scott Malkin, which was approved by the NHL Board of Governors on Tuesday.
The Coyotes issued a statement acknowledging that the team was listening to offers from investors, but did not mention Barroway by name.
"In response to media reports today, the Arizona Coyotes can confirm that IceArizona has been in discussions with an unsolicited potential investor who is interested in joining the partnership," the team said in a statement. "This should be viewed as an incredibly positive development and is due to the successful first year of IceArizona’s ownership. This is all about the long-term stability and viability of the franchise in Arizona. By no means are any members of the current IceArizona group departing the ownership. While there has been no confirmation of any transaction, this is something that the current ownership group is exploring."