New ownership for the San Jose Sharks
Sharks owner George Gund III sold a majority share of the team to a group including Stratton Sclavos [Verisign], Tom McEnery [former mayor], Kevin Compton [Kleiner Perkins], Greg Reyes [Brocade], Gary Valenzuela [past Yahoo CFO], and Harvey Armstrong [MyCFO].
From the official press release:
"Today long-time owner and life-long hockey enthusiast George Gund III transferred his ownership in the Sharks, Silicon Valley Sports & Entertainment (SVS&E), LLC, and Compaq Center Management to a local investment group known as San Jose Sports & Entertainment Enterprises (SJSEE)."
Scott McNealy was not on the list of new investors.
Recommended reading:
San Jose Sharks sold New local investors not expected to move hockey team by SF Gate
New Sharks owners will keep franchise in San Jose by Barry Witt
Ownership tech titans, but not valley's top stars by Peter Delevett
Sharks players to wait and see by Victor Chi
Counting on continuity by David Pollak
Past comments on Sharkspage:
Forbes - Financial state of the NHL "Forbes magazine describes the financial state of the NHL for the 1999-2000 season. The San Jose Sharks franchise ranked 13th, with a value of $141,000,000."
[email from Jen] - SJ Sharks ownership question
From the official press release:
"Today long-time owner and life-long hockey enthusiast George Gund III transferred his ownership in the Sharks, Silicon Valley Sports & Entertainment (SVS&E), LLC, and Compaq Center Management to a local investment group known as San Jose Sports & Entertainment Enterprises (SJSEE)."
Scott McNealy was not on the list of new investors.
Recommended reading:
San Jose Sharks sold New local investors not expected to move hockey team by SF Gate
New Sharks owners will keep franchise in San Jose by Barry Witt
Ownership tech titans, but not valley's top stars by Peter Delevett
Sharks players to wait and see by Victor Chi
Counting on continuity by David Pollak
Past comments on Sharkspage:
Forbes - Financial state of the NHL "Forbes magazine describes the financial state of the NHL for the 1999-2000 season. The San Jose Sharks franchise ranked 13th, with a value of $141,000,000."
[email from Jen] - SJ Sharks ownership question