According to a report in today's edition of Street & Smith's SportsBusiness Journal, the Devils have hired an executive search firm to aid then in hiring the team's first executive of business operations. The move would relieve longtime team president, CEO and general manager Lou Lamoriello of his business responsibilties and free him to focus exclusively on the hockey side of team operations.
The report states that the Devils are seeking an individual with "extensive experience managing a sports' franchise' business operations. The Devils hired the executive search firm of James and Co. to field candidates. Devils owner Jeff Vanderbeek is hoping the move will help the team increase revenue.
Lamoriello declined comment when I called him earlier this evening.
Lamoriello will continue to represent the Devils on the Board of Governors and sit on the NHL's excecutive committee.