So to summarize with the facts from the linked article:
*Chambers and Vanderbeek each own 47%, and Chambers has wanted to sell for 1+ yrs now.
What are they at odds over, player contracts....Kovalchuk is due $6 million this season, then that number zooms to $11+ million for the next five years, and $10 million for year 7. Ouch. I was speculating a while back that the mid-loading had to do with Vanderbeek being the one pushing for the contract and Chambers wanting to keep actual cash costs down while he was still attached to the team.
*The asking price was initially $240 million, now cut to $200 million
*NJD ranks 25th in NHL attendance (announced, I presume)
*Forbes is cited as reporting that NJD and the arena operation company owe 15% more than the team is worth; and I guess that would be the Forbes estimated franchise value of $218 million?
That means they owe: ~$251 million to lenders. However the article also states that the team owes CIT $100 million; the arena management company owes $180 million
*Anonymous source says team is already in bankruptcy protection
*NBA lockout will hurt the arena's profitability, losing 25% of the 161 dates