Report: Islanders to sell stake in team at $3 billion valuation

Sep 28, 2026, 1:31 PM ET|Comments (0)

from Daily Faceoff (Frank Seravalli),

According to Sportico, the New York Islanders have agreed to sell 15 percent of their stake to a grou p of investors. The valuation of that percentage is around $3 billion.

Per the report, the Islanders mentioned venture capital investor David Shuman as a new investor, but other investors have yet to be revealed. One investor is reportedly in agreement to buy 10 percent of the team, according to Sportico. The investment still requires approval from the NHL. Despite the alleged agreement, day-to-day operations will remain the same, with Scott Malkin remaining as the controlling owner of the Islanders.

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