You can follow Todd on Twitter @ToddCordell!

After several years of ups, downs and uncertainty, the New Jersey Devils ownership saga appears to have reached its end.

A group lead by Philadelphia 76ers majority owner, Josh Harris, has agreed to purchase the Devils and pay off all team debts. Harris' group paid over $320 million for the team, according to Tom Gulitti of the Bergen Record.

The sale of the Devils was approved by the Board of Governors Wednesday afternoon and was the last stepping stone towards the purchase.

Harris and his group will own the majority of the team while former Devils majority owner Jeff Vanderbeek will own a small share of the team.

As I've said countless times, the Devils will remain in New Jersey now and for the foreseeable future.

A press conference will take place at 11 a.m. ET today to announce the purchase of the team.

**

Who are the Devils best shootout specialists?

A look at the Devils options at 3rd line left wing.

Cory Schneider vs. Martin Brodeur.

Who found success vs. Martin Brodeur last season?

Who found success vs. Cory Schneider last season?

A look at how Schneider and Brodeur fared vs. defenseman compared to forwards last season.

Why Ryane Clowe's in line for a bounce back season.

Just how good is Reid Boucher?

------------------------------------------------------------------------------------------------

Email: [email protected]

Join the Discussion: » 89 Comments » Post New Comment

» Thank you

» On the Chayka rumors and finalists for the Devils' GM job

» Notes on quotes from Lindy Ruff's appearance on 31 Thoughts

» The New Jersey Devils may not have hired the coach they wanted

» Notes on quotes from Ruff, Fitzgerald, and Devils ownership