League: NHL Sport: Hockey Country: United States Category: General

David Shuman joins New York Islanders ownership group as limited partner

ESPN NHL • 1 min read • Latest: Aug 31, 2026, 4:46 PM

Last updated Aug 31, 2026

David Shuman joins New York Islanders ownership group as limited partner

Summary

David Shuman has joined the New York Islanders ownership group as a limited partner. The minority investment from Shuman and his venture capital firm, Lateralus Holdings, remains subject to NHL approval. The organization announced the addition on Monday but did not disclose financial terms or the specific ownership percentage involved in the deal. The team confirmed that the investment will not result in any changes to daily business, hockey operations, or the current front office leadership structure. Scott Malkin and Jon Ledecky continue as governor and alternate governor for the franchise. The ownership group also includes co-owners Oliver Haarmann, Dewey Shay, and John Collins.

Source Links

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Key Details

•David Shuman joins the Islanders as a limited partner
•The deal is currently subject to NHL approval
•Lateralus Holdings is the venture capital firm behind the investment
•No changes to hockey or business operations will occur
•Scott Malkin and Jon Ledecky remain in their leadership roles

Latest Updates

5:30 PMESPN NHL — Shuman joins Isles' ownership as limited partner
4:19 PMYahoo Sports — Lateralus Holdings' David Shuman joins the Islanders' ownership group as a limited partner

What they're saying

"
David Shuman has joined the New York Islanders’ ownership group as a limited partner, subject to NHL approval. Shuman’s venture capital firm, Lateralus Holdings, and the team announced his minority investment on Monday. The Islanders did not disclose financial terms or what percentage Shuman is getting other than to say there will be no changes to day-to-day business and hockey operations or front office leadership.
— Yahoo Sports