At first, I was worried that it was a position above Lowe's and Lowe's departure was imminent. But in the TSN article, it describes his role and Lowe's as equals
Quote:
Under the newly named Oilers Entertainment Group, or OEG, Katz will be chairman while former Oiler Kevin Lowe and Nicholson will be vice-chairmen.
Lowe will continue to be in charge of hockey operations while Nicholson will handle the business side -- but both said they expect the other to help out across the board.
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So it sounds like a Ken King's equivelent position, which means Lowe's postion is reinforced and more years of Oiler failure to come!