Negotiations to sell the Islanders to Philadelphia-based hedge fund manager Andrew Barroway have ceased, a person familiar with the discussions said Tuesday.
Talks with Barroway are not expected to resume, the person said.
There is no indication if other potential buyers have emerged.
A spokesman for the Islanders said Tuesday nothing had changed since March 28, when owner Charles Wang said there had been “numerous expressions of interest,” in the team and that “I have been and remain willing to listen. However, potential buyers’ expressions of interest in the team or even my listening to them does not mean that any deal will be reached.”