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Charles Wang, Islanders outgoing owner, satisfied with progress

Charles Wang, whose 16-year tenure as majority owner of the Islanders ends on Friday, says he is satisfied with the team’s direction but remains disappointed with Nassau politicians who could not help him build a new arena to keep the team on Long Island.

“I think it’s time [to step aside],” Wang said in an interview on Wednesday at the team’s practice facility in Eisenhower Park. “I’ve done everything I think I wanted to do. I put the franchise in good hands. Those guys [new majority owners Jonathan Ledecky and Scott Malkin] are good guys. Let them have their run.