PHILADELPHIA - iSportsWire -- The National Lacrosse League (@NLL), the largest and most successful professional lacrosse property in the world, today announced the sale of the New England Black Wolves to a group headed by Oliver Marti. Oliver Marti is a former standout Division 1 men's lacrosse All-American, Canadian field lacrosse national player, and NLL standout before focusing on a career as a hedge fund manager and developing the box lacrosse game at the youth level.  Capital Region NLL is an all-star group with an incredible passion for the game of lacrosse, many having played at the highest level and continue to be actively involved at the youth through professional levels as well.  The group includes Brett Jefferson, major investor in and a board member of the Premier Lacrosse League, and member of the Board of Directors of the Tewaaraton Foundation, Sol Kumin, co-owner of Triple Crown Winner Justify and last year's Kentucky Derby winner Authentic who serves as Chairman of the US Lacrosse Foundation Board, along with Russ Sheppard on which the true lacrosse movie, The Grizzlies, was based.

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Albany NLL will benefit from the tenure, experience, and success of Mike French, Brad Brewster, and Ted Goldthorpe all members of the Philadelphia Wings LP which won six Championships and have been instrumental members of the Board of Governors and numerous NLL committees.  Mike French is a former NLL standout and Hall of Fame member who is also a member of the Canadian and U.S. Lacrosse Halls of Fame.

The new owners will relocate the franchise immediately to the fast-growing lacrosse and economic hotbed of Albany, New York, where the team will play in the downtown, recently renovated Times Union Center.  It marks the return of box lacrosse to the Capital Region for the first time since 2002.

"This is a bittersweet day for the league and our sport," said NLL Commissioner Nick Sakiewicz.   "We want to first thank our colleagues at Mohegan Sun for all the positive work they have done building the franchise in New England. We are also very excited to welcome to the league an amazing ownership group with significant success and experience in both the financial investment industry and lacrosse led by Oliver Marti."

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"This transaction is also particularly special in that it not only brings back our league to a growing and engaged market, but also long-time NLL investor and Hall of Fame player Mike French and his group will continue to build the great team that, last season was one of the best and making a run for the NLL Championship," Sakiewicz continued.

http://www.nll.com