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Report: LaFontaine approached by investors to buy Isles

Pat LaFontaine

Former Islanders great Pat LaFontaine is “intrigued” at the possibility of joining a group of European investors and buying his former team, reports the New York Post.

The idea, according to the paper, would be to keep the club on Long Island past the 2015 expiration of its lease with Nassau Coliseum. Which of course is the same idea current owner Charles Wang has, except he hasn’t had any success getting a new arena built.

Wang is reportedly willing to sell; however, his asking price may be around $300 million, double the value Forbes places on the franchise.

In other words, Wang doesn’t really want to sell, but if you make him an offer he can’t refuse…

As for whether LaFontaine could actually buy his old team, Isles writer BD Gallof is skeptical.