Ducks Owner Suspended by NHL

NEW YORK (Ticker) -- Anaheim Ducks owner Henry Samueli was suspended indefinitely by NHL commissioner Gary Bettman on Tuesday. Samueli's suspension comes one day after he pleaded guilty to one count of making a false statement to the Securities and Exchange Commission. He is scheduled to be sentenced by the U.S. Federal District Court on August 18. His status will be reviewed by the league after sentencing.

"I respect the decision made by Commissioner Bettman and will abide by the terms of the suspension," Samueli said. "I'm confident the team will be in great hands in my absence." During his suspension, Samueli is not allowed to be involved in club matters or activities. "While Mr. Samueli has been an exemplary owner, we hold NHL personnel to the highest standards and this plea requires the imposition of discipline under league rules."

In Samueli's absence, chief executive officer Michael Schulman will be responsible for the club's day-to-day activities. "As an organization, we continue to support Henry 100 percent," Schulman said. "Our goals and day-to-day operational structure remain the same." Co-owner Susan Samueli also has advised the league she will abide by the terms of her husband's suspension.