The Adirondack Civic Center Coalition Inc. will purchase the ECHL Adirondack Thunder from the Calgary Flames in a deal that ensures continued operation of professional hockey in Glens Falls.
The ECHL board of governors unanimously approved the sale in February, providing coalition representatives with a seat on the ECHL board.
The purchase price was not disclosed, but the coalition is launching a “Keep Hockey Here” fundraising campaign to solicit the additional funds necessary for a successful team ownership. It has already raised $200,000 of the $1 million campaign goal, including contributions from coalition members.
The coalition said any profits generated by the team will be used in support of the team and the Civic Center. None of the Coalition members or hockey board of managers will receive any profits.
“Owning the Adirondack Thunder allows us to control our own destiny and focus on the long-term success of hockey and the Civic Center,” Daniel J. Burke, president of the coalition, said on Feb. 28. “Since the Adirondack Red Wings left in 1999, the community has not had a long-term commitment from a professional hockey organization. That changes today.”
