In a major development in the world of sports, Josh Harris has officially confirmed his ownership of the New Jersey Devils following the closure of a landmark deal valued at $2.6 billion. Harris, the co-founder of the private equity firm Apollo Global Management, has solidified his position as the lead investor, taking full control of the franchise.

The deal marks a significant shift in the ownership structure of the Devils, a team with a storied history in the NHL. The acquisition by Harris, who also owns the Philadelphia 76ers, signals his growing influence in the sports world, particularly in the NHL and NBA. This acquisition is one of the largest in NHL history and reflects Harris’ continued commitment to enhancing his sports portfolio.

In a statement, Josh Harris expressed his excitement and vision for the future of the team, stating, “We are incredibly excited to officially take the reins of the New Jersey Devils. Our goal is to build on the rich history of this franchise, bring championships to our fans, and create a winning culture on and off the ice.”

The deal also includes a significant investment in the team’s facilities and the surrounding infrastructure, as Harris aims to create a more dynamic and engaging experience for fans. The New Jersey Devils, who have had periods of success in the past, are now poised for a new era under Harris’ leadership.

This acquisition not only strengthens Harris’ sports portfolio but also highlights the growing trend of private equity involvement in professional sports teams. With his proven track record in business and sports management, Harris’ leadership is expected to bring new opportunities and growth for the New Jersey Devils, both on and off the ice.

Fans of the Devils are eager to see what changes and improvements Harris will bring to the franchise as they look forward to a new chapter in the team’s history.