ECHL Announces Membership Transactions
February 23, 2017 - ECHL (ECHL) News Release
PRINCETON, N.J. - The ECHL announced on Thursday that the League's Board of Governors has approved the following Membership transactions.
Transfer of Controlling Interest in Allen Americans
The Board of Governors has approved the Transfer of Controlling Interest in the Allen Americans Membership from Steven Brothers Management of Allen LLC to Allen Hockey Team LLC, an entity controlled by Jack Gulati.
"We welcome Jack as the new owner of the Allen Americans," ECHL Commissioner Brian McKenna said. "He knows our League very well and I know he is excited about the potential of the Allen market. We appreciate the Steven Brothers' efforts as they achieved unprecedented success on the ice as two-time defending Kelly Cup champions."
"Today starts a new chapter for the Allen Americans Hockey Club and me," Gulati said. "I'm very excited at the opportunity to help this organization grow off the ice. There is so much potential for this hockey team to be one of the top revenue members in the ECHL.
"We already have one of the best teams in the league on the ice, under the guidance of Steve Martinson, now we need to make this team profitable off the ice," Gulati added. "My goal is to see the Allen Event Center packed on a nightly basis. I already know from our players that we have some of the best fans in the league. I know with the support of our staff and the community, we can make this organization great again."
Voluntary Suspension for Alaska Aces
The Board of Governors has approved the request of the Alaska Aces Membership for a Voluntary Suspension for the 2017-18 Season.
"This is an incredibly difficult decision, which came after months of careful consideration," Aces Managing Partner Terry Parks said. "We worked through every possible solution that might have avoided this outcome but it became painfully obvious to us that, in this economy, a professional hockey team is not sustainable in Alaska."
"We appreciate the Aces' considerable contribution to the ECHL over the past 14 seasons," McKenna said. "As three-time Kelly Cup champions, they will always be part of the ECHL history and tradition."
ECHL Stories from February 23, 2017
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- Thunder To Raffle Off 35th Anniversary Jerseys - Adirondack Thunder
- Jackals Lose Tight Game to Aces - Elmira Jackals
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- Thunder Adds Rookie Brad Cuzner - Wichita Thunder
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- Reading Royals Statement on Transfer of Allen Americans - Reading Royals
- Lang, Labbe Join Mallards from Iowa - Quad City Mallards
- Mallards Team with R.I.A. Federal Credit Union, Raise over $1,200 For River Bend Foodbank - Quad City Mallards
- ECHL Announces Membership Transactions - ECHL
- Allen Americans Announce Ownership Change - Allen Americans
- March Is Nailers Fight Cancer Month - Wheeling Nailers
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- Eagles Hit Lucky Number 13 with 5-4 Overtime Win - Colorado Eagles
- Cyclones Fall in Series Opener with Wichita - Cincinnati Cyclones
- Blades Sink Admirals with Five-Goal Third Period - Florida Everblades
- -- Bootland and Saunders to Wear 2016-17 ECHL Fantasy - Colorado Eagles
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