Panthers' Alan Cohen steps down in ownership shuffle
Posted 11/16/2009 3:10 PM ET
SUNRISE, Fla. (AP) — Florida Panthers majority owner Alan Cohen is stepping down to allow two minority partners to run the NHL franchise.
The team introduced Cliff Viner and Stu Siegel as co-general partners at a news conference Monday.
An e-mail sent to fans said that Cohen will remain a limited partner with the Panthers, who have not won a playoff series since 1996 or a playoff game since 1997. They last reached the playoffs in 2000.
In the release, Cohen thanked Viner and Siegel, and said South Florida is a "great market and they deserve a winner."
The deal has not been approved by the league.
Cohen led a group of investors who bought the Panthers in 2001 from billionaire entrepreneur H. Wayne Huizenga.
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