Charles Wang is in talks to sell a majority interest in the Islanders, according to a report from TSN on Friday. 

Wang has been an owner of the franchise since 2000. Since he assumed principal ownership in 2004, the team has made only two postseason appearances and has not won a playoff series.

The Islanders are set to move into the Barclays Center in Brooklyn at the start of the 2015-16 season, when they begin a 25-year lease agreement that was brokered in 2012.