Jeffrey Vanderbeek
Jeff Vanderbeek | |
|---|---|
| Born | 1958 New Jersey, U.S. |
| Occupation(s) | Businessman, former sports team owner |
| Years active | 1984–2013 |
| Known for | Former owner of the New Jersey Devils (NHL) |
Jeff Vanderbeek (born 1958) is recognized as the previous proprietor of the New Jersey Devils, a professional ice hockey franchise competing in the National Hockey League. A lifelong New Jersey resident and devoted Devils season ticket holder since the late 1980s, Vanderbeek initially obtained a minority interest in the team when Puck Holdings, connected to YankeeNets, acquired the franchise in 2000. He became the full owner in 2004 after purchasing the entire team and subsequently stepped down from his role as executive vice president at Lehman Brothers, where he had been employed since 1984. In 2002, Business Week ranked him as the ninth highest-paid executive, with earnings exceeding $29 million.
Owner of the New Jersey Devils
In August 2013, Vanderbeek transferred ownership of the Devils and their operating rights at the Prudential Center to an investment consortium led by Josh Harris and David Blitzer for a sum of $320 million.
Personal life
Vanderbeek was brought up in Somerville, New Jersey before relocating during childhood to Bridgewater Township. He completed his education at Bridgewater-Raritan High School East in 1975.
Currently, he lives in Warren Township, New Jersey, having previously resided in South Orange, New Jersey.