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The founder of one of the world's largest private equity firms, Josh Harris and his group paid $320 million to Jeff Vanderbeek for the rights to the Devils and the lease to the Prudential Center.
According to Tom Gulitti of The Record, the team could be sold by Thursday. Sources told Gulitti that the Devils could soon be bought by a group headed by Philadelphia 76ers owner Joshua Harris.
A person familiar with the negotiations says several groups are vying to buy the financially-strapped franchise and there is a chance a deal might be done quickly.
Baseballs will be replaced by pucks when the New York Rangers, New Jersey Devils and New York Islanders battle it out in the Coors Light NHL Stadium Series.
According to Forbes, the organization has $230 million of debt. Owner Jeff Vanderbeek, Forbes reported, recently missed a payment on a bank loan that he took out.
Here's the remarkable thing about Jagr: he's been able to adapt over the years to remain a useful top-six forward at the age of 41.
The New Jersey Devils have signed forward Jaromir Jagr to make up for some of the scoring lost with the recent retirement of Ilya Kovalchuk.
The Devils have reportedly lured a legend to New Jersey. According to ESPN's Pierre LeBrun, the Devils and Jaromir Jagr have agreed to a one-year contract.
General manager Lou Lamoriello announced the appointment to Pete DeBoer's staff Friday. Foligno replaces Matt Shaw, who left to become head coach of Dubuque in the USHL.
Now that the NHL knows for sure it will take a break for next year's Sochi Games, the league has released its long-awaited schedule that features realignment and a slew of new division names and rivals.
After weeks of tough negotiations, the NHL and its players reached a deal with the International Ice Hockey Federation on Friday to put the season on hold again so the game's biggest stars can compete in next year's Olympics in Sochi.
There will be a ton of pressure on Adam Henrique to step forward and be a key player for the Devils in 2013-14.
A week after the New Jersey Devils lost star forward Ilya Kovalchuk to sudden retirement, general manager Lou Lamoriello is still plotting out the future of the Devils.
Matteau briefly made the jump from junior hockey to the big league last season, earning a spot on the roster coming out of training camp.
While caught off-guard by star forward Ilya Kovalchuk's decision to retire from the NHL and return home to Russia, New Jersey Devils coach Pete DeBoer said his team's job this season is to prove doubters wrong.
The active New York Mets have acquired ace pitcher Freddy Peralta and right-hander Tobias Myers from Milwaukee in a trade that sent two top prospects to the Brewers.
The Knicks broke a four-game losing streak without breaking a sweat, crushing the Nets 120-66 on Wednesday night.
The Yankees have reportedly agreed to a long-term contract with free agent outfielder Cody Bellinger.
The New York Mets acquired Luis Robert Jr. in a trade with the Chicago White Sox on Tuesday, filling a hole in center field.
Goalie Darcy Kuemper has left the Los Angeles Kings' game against the New York Rangers after a collision in the crease late in the first period.
Carlos Beltrán was a nine-time All-Star during his 20-year MLB career. Andruw Jones was a five-time All-Star and won 10 Gold Gloves.
The New Jersey Devils defeated the Calgary Flames 2-1 in an overtime game on Monday night.
The New York Islanders defeated the Vancouver Canucks 4-3 on Monday night in Canada.
The New York Giants officially introduced their new head coach John Harbaugh Tuesday.
Pop superstar Harry Styles will open an unprecedented 30-show residency at Madison Square Garden, starting on Aug. 26 and ending on Oct. 31.
The family said video of the incident at Anderson Center for Autism in Dutchess County came to light after a whistleblower contacted them about it.
Staten Island Congresswoman Nicole Malliotakis is vowing to fight a court finding that says the lines of her 11th District are unconstitutional.
New York City is expected to employ remote learning on Monday due to the impending snowstorm.
The gang held a Huntington Station neighborhood under siege for years by funding violence through prostitution and sex trafficking, prosecutors said.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
Many dangers lurk when the temperature plummets, including hypothermia, frostbite and even a heart attack.
The weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
As officials across New Jersey prepare for this weekend's expected snowstorm, Piscataway says it hasn't received a salt shipment in weeks.
People filled the New Jersey State House rotunda to pay their respects to former Gov. Richard Codey.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
An audit for the Hackensack School District uncovered a $17 million budget gap for the 2025-2026 academic year and a projected $24 million gap for the next.
While clothing isn't subject to sales tax in New Jersey, Skims collected it from customers. The company will now be issuing refunds.
The gang held a Huntington Station neighborhood under siege for years by funding violence through prostitution and sex trafficking, prosecutors said.
Dramatic video from Suffolk County police shows a deer smashing through a bank window and running around as officers try to wrangle it.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
A Long Island woman has been charged after officials say more than 100 cats were rescued from deplorable conditions at her West Islip home.
Staten Island Congresswoman Nicole Malliotakis is vowing to fight a court finding that says the lines of her 11th District are unconstitutional.
New York City is expected to employ remote learning on Monday due to the impending snowstorm.
As officials across New Jersey prepare for this weekend's expected snowstorm, Piscataway says it hasn't received a salt shipment in weeks.
People filled the New Jersey State House rotunda to pay their respects to former Gov. Richard Codey.
JPMorgan Chase says President Trump's lawsuit "has no merit."
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Pop superstar Harry Styles will open an unprecedented 30-show residency at Madison Square Garden, starting on Aug. 26 and ending on Oct. 31.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Channing Tatum is bringing "Magic Mike Live" to New York City, promising to "turn up the gas" on the popular show.
The active New York Mets have acquired ace pitcher Freddy Peralta and right-hander Tobias Myers from Milwaukee in a trade that sent two top prospects to the Brewers.
The Knicks broke a four-game losing streak without breaking a sweat, crushing the Nets 120-66 on Wednesday night.
The Yankees have reportedly agreed to a long-term contract with free agent outfielder Cody Bellinger.
The New York Mets acquired Luis Robert Jr. in a trade with the Chicago White Sox on Tuesday, filling a hole in center field.
Goalie Darcy Kuemper has left the Los Angeles Kings' game against the New York Rangers after a collision in the crease late in the first period.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
Nearly 100 tenants from three different buildings managed by A&E Real Estate on the Upper West Side rallied on Monday.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
The Dutchess County family said a whistleblower contacted them with video of a worker at Anderson Center for Autism grabbing their 19-year-old son by the genitals.
Live it Up powdered super greens supplement is being recalled because it's linked to salmonella outbreaks in at least 21 states.
More than 100 cats were found in deplorable conditions at a home in West Islip, New York.
Dramatic video shows a deer smashing through a bank window and running wild as officers try to wrangle it. CBS News New York's Steve Overmyer reports.
The gang held a Huntington Station neighborhood under siege for years, according to prosecutors. CBS News New York's Carolyn Gusoff reports.
