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Ledecky promises ‘no financial constraints’ for Islanders

New York Islanders Introduce New Owners

UNIONDALE, NY - OCTOBER 22: (l-r) New York Islanders partners Scott Malkin, Charles Wang and Jon Ledecky pose for a photo opportunity during a press conference at Nassau Coliseum on October 22, 2014 in Uniondale, New York. (Photo by Bruce Bennett/Getty Images)

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If the New York Islanders need to spend money, then the New York Islanders will spend money. There “are no financial constraints” for the club.

That was the promise new majority owner Jon Ledecky made today.

“If we need to be a cap-max team to compete for Stanley Cup, we will be,” Ledecky said, per Peter Botte of the Daily News.

On July 1, Ledecky and Scott Malkin officially took control of the Islanders from Charles Wang.

The new owners have already committed big money to Andrew Ladd. But they’ll need to commit even more should they wish to re-sign John Tavares, who can become an unrestricted free agent in the summer of 2018. He’ll be eligible to sign an extension on July 1, 2017.

Ledecky also pledged that the Isles will remain in Brooklyn for the long term, saying that “Barclays is our home.” His intent was to address the speculation that the club might one day move back to Long Island. He said the focus going forward is on improving the fan experience, not finding a new place to play.