Newsday: Charles Wang’s greatest victory: Keeping Isles in NY

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The Underboss

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http://www.newsday.com/sports/colum...173?utm_source=twitterfeed&utm_medium=twitter


Some people were still pinching themselves yesterday, making sure it was real when they saw “New York Islanders†on the bracket for the second round of the Stanley Cup playoffs. The hex-ending, double-overtime victory Sunday night was both real and surreal. Most of all, it reflected the greatest triumph of all: that there still is such a thing as the New York Islanders.

What a shame it would have been if this group of players had won a stunning postseason game while playing for some outfit known as the new Kansas City Scouts or Quebec Nordiques or the Las Vegas Ramblers. It would have been as heartbreaking as it was for followers of the original Nordiques when their transplanted team won the 1996 Stanley Cup as the Colorado Avalanche. Or, more pertinent, how folks in Brooklyn were crushed when their beloved Dodgers won the 1959 World Series representing Los Angeles.
 

ThreeLeftSkates

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His greatest victory has been avoiding jail time.
How he treated the team as a red haired step-child is his biggest defeat.
 

Lame Lambert

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This narrative is a load. Dolan kept us on the Island with the TV deal. Wang is the reason we sucked for 20 years and are stuck playing in a basketball arena.
 

2ndGenIslander

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**** this guy, he's dead to me. he should be ashamed of himself that he kept this team at the spending floor for so many damn years b/c he was pissed about the lighthouse project being shot down. he bought this team for real estate purposes only. *******
 

PWJunior

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**** this guy, he's dead to me. he should be ashamed of himself that he kept this team at the spending floor for so many damn years b/c he was pissed about the lighthouse project being shot down. he bought this team for real estate purposes only. *******

You may be too young to remember, but Milstein and Gluckstern were even cheaper than Wang.
 

MJF

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Charles Wang has owned the Islanders for 15 years and the only reason the team is in better shape now than when he bought it is because he negotiated the Brooklyn deal which will keep the team flush with money. Charles Wang was never about putting a competitive product on the ice as long ad he had to spend his own money to do it. He was a buffoon of an owner who did as much to tarnish the Islanders brand than any of the other rogues who owned this team.
 

Abe Vukota

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Jul 23, 2007
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His greatest victory has been avoiding jail time.
How he treated the team as a red haired step-child is his biggest defeat.

I read somewhere that until recently, rich guys knew sports franchises were only going to be so profitable (if profitable at all), so they were more about showing off. That's changed in the era of billion dollar taxpayer funded arenas. Wang is a symptom, not the sickness.
 

Frankie41987

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I don't think people are entirely fair to Wang to be honest. Imagine how different the narrative would be if Nassau county approved the lighthouse project. We didn't make the playoffs for 7 straight seasons. Wang comes in, actually invests money into the team to get Yashin, Peca, Osgood and a whole new defense, the team goes to the playoffs for the first time in 7 years, people are actually showing up to games now, they makes the playoffs 3 years in a row, he singlehandedly privately finances a complete redesign of the Coliseum with beautiful development around it and we have one of the most modernized arena in sports at the time.

That didn't happen, but it's because of politics. Wang loved the team, he went to games, used to jump around in the pressbox. I don't think you guys remember what it was like when Millstein and company owned the team. Wang actually tried to change things here and got roadblocked by politicians, and it sucked that he felt he couldn't continue to throw money into something that wasn't making him any profit but that's not what you expect an owner to do. At the end of the day it is a business venture. But he didactually tried. If he really didn't care about the team they'd be in Quebec or KC.
 
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Fan101

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Sadly the franchise declined after the dynasty years, witness the Trottier and Lafontaine situations. The franchise lost a lot of value and had very little interest from ANY prospective owner who wanted to keep it here with the NVMC and in place vendor contracts. Considering the NY Metro area is the financial capital of the country with no prospective billionaire owners really quiets the argument.
 

A Pointed Stick

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Dec 23, 2010
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I think it is very fair to call this one item a win for Wang. If this was a final decision on the totality of his reign then no, it would be a nutty article, but it is not that.
 

Lame Lambert

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The only winner in this situation is Wang because he sold the team for a nice chunk of change. The town got screwed because they lost the team (they also deserve blame), the fans got screwed because they can no longer attend as many games (and those games are in a sub-par arena), and Barclays gets screwed because they need to deal with the incessant whining from all of the fans when none of it is their fault in the first place. **** Charles Wang, the guy is the biggest piece of **** in professional sports.
 

Strummergas

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You may be too young to remember, but Milstein and Gluckstern were even cheaper than Wang.

Yeah, lots of posters are too young to remember these ****ing clowns. Their tenure as owners are the true dark days of the franchise. Wang looks like Mike Ilitch in comparison.
 

Lame Lambert

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Yeah, lots of posters are too young to remember these ****ing clowns. Their tenure as owners are the true dark days of the franchise. Wang looks like Mike Ilitch in comparison.

Honestly have we ever had an owner that wasn't a ****ing clown? God help us if Ledecky and Malkin join that special club.

Edit: Technically Spano wasn't a ****ing clown, he was just a criminal with no money :laugh:
 

BKIsles

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Jan 22, 2013
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Hate to say it, most of the haters are just completely delusional, Wang did a decent job considering the circumstances. The Lighthouse project was definitely grandiose, but it really was not a bad idea, the Nassau County politicians and developers just did not get enough handouts to approve it.

The franchise was in dire shape before he came, the last ownership group was trying to get a payroll of $5 million, the team was flying commercial. At least Wang got us back to respectability, despite hemorrhaging money with the worst building agreement in big 4 sports. Most owners would have tapped out after a few years of losing that much money, at least Wang stuck around and provided some stability.

Ultimately though, Nassau County Politics made the Islanders the worst franchise in sports. The Islanders story is just a microcosm of the long term business/development landscape in the county, it seems like eventually anyone who wants to run a profitable business will just leave.

Wang's only real flaw in my mind was that he didn't admit defeat quickly enough. He should have got the Islanders with the Barclays Center right away, so the arena could have been designed to host a hockey team.

If people have issues with personnel during his run, I get that, but those issues are relatively minor, again considering the last ownership group was just selling off pieces left and right. I swear, the Cleveland Indians in the "Major League" movies were funded better than our late 90's teams.
 

Lame Lambert

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Hate to say it, most of the haters are just completely delusional, Wang did a decent job considering the circumstances. The Lighthouse project was definitely grandiose, but it really was not a bad idea, the Nassau County politicians and developers just did not get enough handouts to approve it.

The franchise was in dire shape before he came, the last ownership group was trying to get a payroll of $5 million, the team was flying commercial. At least Wang got us back to respectability, despite hemorrhaging money with the worst building agreement in big 4 sports. Most owners would have tapped out after a few years of losing that much money, at least Wang stuck around and provided some stability.

Ultimately though, Nassau County Politics made the Islanders the worst franchise in sports. The Islanders story is just a microcosm of the long term business/development landscape in the county, it seems like eventually anyone who wants to run a profitable business will just leave.

Wang's only real flaw in my mind was that he didn't admit defeat quickly enough. He should have got the Islanders with the Barclays Center right away, so the arena could have been designed to host a hockey team.

If people have issues with personnel during his run, I get that, but those issues are relatively minor, again considering the last ownership group was just selling off pieces left and right. I swear, the Cleveland Indians in the "Major League" movies were funded better than our late 90's teams.

The Lighthouse Project was ridiculous. You'd have to be completely delusional to think those plans were actually feasible, especially in this area.
 

bigtim1988

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Jun 7, 2009
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You may be too young to remember, but Milstein and Gluckstern were even cheaper than Wang.

Those two were so bad, Wang looks good in comparison. Hate those guys! Pieces of **** owned the team for like a year, and forced Milbury to trade away Palffy, basically so they could make the team a more attractive buy for the next guy.

Wang was good in the beginning, turned to **** once they put the kabosh on the lighthouse project, and got a little better toward the end. The annoying part is, the media will do nothing but shower him with praise
 

Fist of Gillies

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Apr 9, 2007
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Kate Murray and the people who owned her are the reason this team is in Brooklyn. The scaled down version of the Lighthouse Project was entirely reasonable and feasible. I really don't know what else some people expected Wang to do after the Town of Hempstead killed the project after setting up roadblock after roadblock for so many years.
 

MJF

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You may be too young to remember, but Milstein and Gluckstern were even cheaper than Wang.

I go back to when Roy Boe was the owner. He actually wanted to own a hockey team. Unfortunately he also wanted to get the ABA Nets into the NBA and didn't have enough money to operate both the Isles and Nets. He took revenue from the Islanders to prop up the Nets.
 

Dutch Frost

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Mar 12, 2010
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I am at work and we have children that are members of this site, So ill refrain from using any words that would get me tossed or fired.

Ill simply say that this is an article with zero merit and no credit should ever be given to Charles Wang.
 

OlTimeHockey

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He did care enough to keep Milbury and shed payroll as much as possible, going below the cap floor with unattainable bonuses. Shearing is caring.
 

Lame Lambert

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Kate Murray and the people who owned her are the reason this team is in Brooklyn. The scaled down version of the Lighthouse Project was entirely reasonable and feasible. I really don't know what else some people expected Wang to do after the Town of Hempstead killed the project after setting up roadblock after roadblock for so many years.

Put himself in a position of strength instead of weakness while negotiating with the town, which he didn't do.
 

nyscene

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Jul 26, 2006
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You may be too young to remember, but Milstein and Gluckstern were even cheaper than Wang.

They gave a mandate, if memory serves, that every player making over $1million was to be traded.

Ziggy Palffy was traded to the Rangers for essentially cash, until Bettman stepped in and stopped it. That would've been the absolute worst.
 

edott

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John Pickett and Bill Torrey said in 1991 the New York Islanders cannot be left behind and need a new arena now.
http://www.nytimes.com/1991/03/18/s...ts-to-fill-islanders-want-a-bigger-house.html

I read something recently where Bill Torrey and John Pickett went to Bill Shea for his advice on what to do with the Islanders in 1978 when Boe was dead broke and team was 40 million in debt, he advised them declare bankruptcy and walk away. Pickett said no and he agreed with Torrey the fan support and great young players was something special here, then told Msg/Rags go to hell, you can't have Potvin and paid them their territorial fees.

Wang was a fantastic owner top to bottom and should be in builders Hall of Fame for owners for putting up with what he did here because he came in with no fan support.

All players love him past and present, spent 130 million dollars his second year and renovated a building he did not own for Smg while Ed Snider's Flyers got all the revenue from the team, even eleven percent of gate. Every other team in NY/NJ made a call and said where's our new taxpayer building?

Meanwhile he paid out of pocket as a tenant for new lockerooms, scoreboards, flooded weight rooms while the landlord let the building fall apart.

He outspent teams in modern taxpayer facilities getting handouts long before any cap floor, saved Bridgeport from Boe family again and runs arena to this day and renovated there too, created Neulion for NHL. Honored alumni to the point he was accused of doing it to sell tickets and now he owns Northwell.

Torrey, Trottier, Lafontaine, Bourne, core of four, 1980 team, and teams hall of fame was started by him. A lot of alumni work for franchise to this day.

And his unheralded efforts with LH tournaments continue, for a guy many said bought the team for real estate he sure seems to do a ton for no property for hockey charities.

Funny how Bridgeport, Republicans and Democrats in Nassau all made deals with him and NHL, AHL, ECHL.

He was the last owner to get a revenue sharing check and was spending 40 million before any cap floor.

Nassau kept his LH project money until a few months ago, made him throw a million into Cantiague and 600k disappeared from 5.1 million from last summer.

Milstein put up with a month of Nassau before knowing it would never work and dropped payroll to nothing. Wang from Hamrlik to Boychuk's front-loaded contract kept spending with same lease Mario sold off his roster with wholesale.

Everyone Wang could sign he did, he could not front-load contracts until last summer.

Our fans were as bad as Nassau. D'Amato, Mondello, Murray, Gulotta and Suozzi and Jacobs. Year 3 Wang raised ticket prices 38 percent to pay for players he signed, fans said no thanks after 2002 playoffs.

Every time he spent he tried raising ticket prices to league avg, fans again said no thanks. Even in 2012 after comical referendum Newsday defeated so they could bid on Coliseum to kick NYI out no NY team would have allowed he sent Picker to legislature saying he wanted to work something out to keep team here. Finally he had enough, defaulted on Marriott, and did his deal with Barclay's.

And to his finals days as owner he kept spending to resign players, we had days before him J.P Dumont had to be traded, now every prospect get's signed early. Lee, Bailey, Nelson, Nielsen, Hamonic, Leddy and many others were not low ball contacts.

His teams had horrible luck with injuries and was never shy about paying coaches not to work.

7 playoffs in 15 years. A lot of teams have been far worse who all got taxpayer funded new arena's and fans willing to pay top dollar 41 games a year to support a max payroll.

Look at the deal a crook like Mike Illitch got, who refused to pay his cable fees back to 1980's or his rent. What Edmonton's Daryl Katz just got or what Garden receives from taxpayers since 1982.

How much of Wang's money financed Devils, Arizona or other teams since he became an owner?

Now you have same people who boycotted them away using same failed plan to boycott them back? LOL
 
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