The 2002–03 season was also significant as the city of Halifax played host to the World Junior Hockey Championship and original majority owner Moosehead Breweries disclosed the company was looking for a buyer for its 64 percent share of the club. Before the start of the 2003–04 season, the club announced that Bobby Smith, a Nova Scotia native and former NHL forward and general manager, had become majority owner. The club retained the rights to the Mooseheads' name and logo.