Report: The Wild introduce a new face to ownership!

The Minnesota Wild have swapped minority owners, with Chicago financier Matthew Hulsizer replacing New York hedge fund manager Philip Falcone on majority owner Craig Leopold's board of directors. The change was announced Wednesday. If you remember, Hulsizer tried to buy the Arizona Coyotes two years ago, but that plan fell through. He is the co-founder and chief executive officer of PEAK6 Investments and played hockey at Amherst College. The Wild said his ownership stake was unanimously approved by the NHL Board of Governors. Falcone said through the Wild that he's been too far away and busy to be as involved as he wanted. Falcone and his firm Harbinger Capital Partners agreed in 2013 to pay the Securities and Exchange Commission $18 million to settle charges of misuse of fund money and manipulating the market. It's always good when an owner admits that he can't do what is best for the team and organizes a proper replacement. That is what good ownership is all about.