George Gund attends the Sundance Institute Benefit presented by Tiffany & Co. in Los Angeles held at Soho House on June 6, 2012 in West Hollywood, California.
Photographer: (Photo by Michael Buckner/Getty Images For Sundance Institute Los Angeles)
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SAN JOSE, Calif. - George Gund III, the original owner of the San Jose Sharks, has died. He was 75.
The Sharks say Gund died Tuesday after a battle with cancer.
General manager Doug Wilson praised Gund as a great ambassador for hockey.
Gund and his brother Gordon relinquished their ownership stake in the Minnesota North Stars in 1990 in exchange for the rights to an expansion team in the Bay Area. The Sharks played their first game in October 1991.
Gund sold the franchise to Sharks Sports & Entertainment in 2002 but continued to attend games.
Gund also previously held ownership roles with the NHL's California Golden Seals and Cleveland Barons. The brothers bought the Cleveland Cavaliers in 1983 for $20 million and sold the team to Dan Gilbert in 2005.
The Sharks will wear a helmet decal and jersey patch with the initials GG III this season.
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