San Jose Sharks Net Worth is223 $Million
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The San Jose Sharks are a professional ice hockey team based in San Jose, California, United States. They are members of the Pacific Division of the Western Conference of the National Hockey League (NHL). They play their home games at the HP Pavilion at San Jose, known locally as the Shark Tank.
The Oakland Coliseum Arena was home to the California Golden Seals of the NHL from 1967 to 1976. Gordon and George Gund III became minority owners of the Seals in 1974, and were instrumental in their move to Cleveland in 1976 and a 1978 merger with the Minnesota North Stars, which they purchased that year. They had long wanted to bring hockey back to the Bay Area, and asked the NHL for permission to move the North Stars there in the late 1980s, but the league vetoed the proposed move. Meanwhile, a group led by former Hartford Whalers owner Howard Baldwin was pushing the NHL to bring a team to San Jose, where a new arena was being built. Eventually the league struck a compromise: the Gunds would sell their share of the North Stars to Baldwin's group, with the Gunds receiving an expansion team in the Bay Area to begin play in the 1991a??92 season and being allowed to take a certain number of players from the North Stars to their new club. In return, the North Stars would be allowed to participate as an equal partner in an expansion draft with the new Bay Area team.
On May 5, 1990, the Gunds officially sold their share of the North Stars to Baldwin and were awarded a new team for the Bay Area, based in San Jose. Over 5,000 potential names were submitted by mail for the new team. While the first-place finisher was "Blades," the Gunds were concerned about the name's potentially negative association with weapons, and went with the runner-up, "Sharks." The name was said to have been inspired by the large number of sharks living in the Pacific Ocean. Seven different varieties live there, and one area of water near the Bay Area is known as the "red triangle" because of its shar

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San Jose Sharks Latest News

San Jose Sharks captain Joe Pavelski leads after 2nd round of American Century Championship celebrity golf tournament

SOUTH LAKE TAHOE, Nev. -- San Jose Sharks captain Joe Pavelski held off a charge from three-time defending champion Mark Mulder to maintain a one-point lead after the second round of the American Cent...
Posted: July 14, 2018, 11:56 pm

Sharks should still go bold after failing to land Tavares

No doubt about it, landing John Tavares was the best-case scenario for the San Jose Sharks this summer. They showed as much with what was reported to be a generous offer, but it was not to be. The que...
Posted: July 18, 2018, 12:35 pm

Joe Pavelski of San Jose Sharks takes early lead at American Century Championship celebrity golf tournament

SOUTH LAKE TAHOE, Nev. -- San Jose Sharks captain Joe Pavelski took the lead with 25 points, and former NFL quarterback Trent Dilfer was at 24 points after the first round of the American Century Cham...
Posted: July 13, 2018, 11:36 pm
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