New Owners for New Jersey Devils

Andy Marlin/Getty Images(NEWARK, N.J.) -- Jeff Vanderbeek sold the New Jersey Devils and the lease to the Prudential Center on Thursday to Philadelphia 76ers owner Josh Harris and business partner David Blitzer for $320 million.

The new ownership group announced that they are keeping longtime executive Lou Lamoriello in charge of hockey operations while bringing in new business management.

“We have an incredible opportunity in front of us to revitalize the organization” Harris said. “We can rethink the way business is done and infuse the franchise with resources, talent, both on the hockey and business side and the experience necessary to give the Devils a chance to achieve long-term growth, sustainability at an elite level."

The Devils won the Stanley Cup in 1995, 2000 and 2003.

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