Coyotes sale potentially in big trouble

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The NHL playoffs were moving along a little too smoothly to not have a bombshell be dropped right in the middle of everything. The sale of the Phoenix Coyotes has hit yet another snag and this time it’s a big one.

Sources tell TSN the city of Glendale has asked Ice Edge Holdings to return to the bargaining table as a back up plan to buy the Coyotes, in the event the deal with Reinsdorf falls through.

Sources say Glendale reached out to Ice Edge late last week amid growing concern Reinsdorf’s accepted bid to purchase the Coyotes from the National Hockey League is at risk of falling apart.

To make things even more of a mess, ESPN’s Scott Burnside, tosses in this nuclear bomb of a revelation should Ice Edge not make a deal with the City of Glendale.

The situation in Glendale remains fluid; if the city does not agree to the league’s conditions, it is possible the NHL will instead move quickly to finalize a purchase agreement with Canadian billionaire David Thomson and move the team to Winnipeg. Sources tell ESPN.com there is a purchase agreement ready if the Glendale situation disintegrates.

If the team moves to Winnipeg, the Ice Edge group would then move the existing AHL team, the Manitoba Moose, to Thunder Bay, Ontario.

To call this a “big deal” would be to downplay the situation wildly. What’s most baffling about this is that it wasn’t even a full day since we got word of what the different conditions that Jerry Reinsdorf was going to have in order to buy the team, and it’s a sweetheart deal to an exponential degree.

In a preliminary agreement known as a memorandum of understanding (MOU), the Glendale City Council has agreed to pay $65 million in public funds over three years to the NHL, the current owner of the Coyotes, as part of Reinsdorf’s purchase. The NHL took over the team after Jerry Moyes, the previous owner, threw the franchise into bankruptcy court in a failed effort to sell the club and move it to Hamilton, Ontario.

The $65 million to be paid by Glendale is nearly 40 percent of the total Reinsdorf will have to pay to the NHL to acquire the Coyotes. But although Glendale is paying 40 percent, Reinsdorf and his group will own 100 percent of the team.

Essentially, the City of Glendale was selling the team to Reinsdorf for 40% off the manufacturer retail price. Not to mention they were giving him a five year window to turn a profit before allowing him to sell the team and leave town and he’s still walking away from the deal. Obviously this story is all built off of sources and inside reports, but both ESPN and TSN have discovered there’s some smoke coming from this entire mess, whether there is actually fire to go with the smoke remains to be seen. 

A lot of folks often wondered what would happen if movies turned out differently and should this whole thing breakdown the way it’s being painted by Scott Burnside, the comparisons of the Coyotes to the Cleveland Indians in the movie “Major League” take on a whole new light. In this case, only this time they lose in the playoffs and get moved away.

Here’s your Stanley Cup playoffs schedule for tonight

Stanley Cup
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The Stanley Cup playoffs continue with two games on Friday night. You can catch tonight’s games via the NBC Sports Group’s television and digital platforms.

St. Louis at Dallas (8:00 p.m. ET)

The TV broadcast of Game 1 will be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

Nashville at San Jose (10:30 p.m. ET)

The TV broadcast of Game 1 will also be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

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Blues best Blackhawks in epic Game 7

Report: NHL, NHLPA agree on expansion draft rules

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
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The NHL and NHLPA have agreed on the framework for a potential expansion draft, according to TSN’s Gary Lawless.

Last month, we found out what each team will be able to protect if ever the NHL adds expansion franchises. Bill Daly made it clear that each existing team would only lose one player per expansion team coming into the league. More specifically, teams would be allowed to protect seven forwards, three defensemen, and a goalie or eight skaters (any position).

Although this agreement between the league and PA doesn’t guarantee expansion will happen, it does ensure that one major step is out of the way if ever the league decided to add a team or two.

The agreement between the two sides also includes an expansion scenario for players with no-trade or no-movement clauses in their contracts.

Here’s an excerpt from Lawless’ story:

The NHL has hundreds of steps to go through before expansion can potentially become a reality and getting an agreement with the NHLPA was viewed as near top of the list. The executive committee would not have recommended expansion to the NHL’s board of governors for the purpose of a vote without an agreement in place with the NHLPA, and in particular, a resolution on how existing no-trade and no-move clauses will be handled.

Las Vegas and Quebec City have been mentioned as two potential destinations for  expansion franchises in the near future. As Lawless mentions in his story, NHL general managers were told to expect a decision on expansion for 2017-18 by the NHL Entry Draft in June.

Related:

NHL insists ‘no final decisions’ have been made on expansion.

Daly: Teams can only lose one player per expansion team

‘Roster chaos’: Let’s ponder some possible expansion draft scenarios

PHT Morning Skate: Nick Foligno pulled off an awesome prank on Cam Atkinson

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PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.

John Tavares and Steven Stamkos once played on the same youth team. That team went 49-0-1. (Newsday)

–Which team deserves to win the NHL Draft lottery? (Winnipeg Sun)

–Rick DiPietro wasn’t happy about something Mike Francesca said. (BarDown)

–Watch the highlights from last night’s game between the Capitals and Penguins. (Top)

Nick Foligno pretended to be a season ticket holder and pranked Cam Atkinson. Funny stuff.

–Prior to Game 1 between the Penguins and Capitals, T.J. Oshie‘s daughter was filmed kicking a Penguins poster. Maybe she should do it more often because her father scored a hat trick just a few hours later. (Instagram)

–Brett Hull says “goals don’t matter” when you play for Ken Hitchcock. (Sportsnet)

Oshie’s hat trick lets Caps just barely squeak by Penguins in OT

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What a start.

This series between the Pittsburgh Penguins and Washington Capitals might be headlined by Sidney Crosby and Alex Ovechkin, but as many have said in the lead-up to tonight’s opener, there is so much more to this second round matchup than that. Washington’s 4-3 overtime victory in Game 1 tonight could be offered up as Exhibit A.

This game had everything except big offensive showings from Crosby and Ovechkin. They had their moments, but in the end combined for just one assist.

What we got instead was a hat trick by T.J. Oshie that was completed with a game-winning goal that made it past the line by such a narrow margin that it warranted a video review:

This game also featured a sequence of three goals in 90 seconds and yet also some great saves by goaltenders Braden Holtby and Matt Murray. At the other end of the spectrum, there was a controversial hit by Tom Wilson that might lead to a suspension.

There was even some odd stuff. Like how Jay Beagle got a stick stuck in his equipment.

Twice:

If this game sets the tone for the rest of the series, then we should be in for a closely contested, highlight filled affair.

NOTES:

Nick Bonino had a goal and an assist for the Penguins. Evgeni Malkin and Ben Lovejoy accounted for the Penguins’ other markers.

— Capitals forward Andre Burakovsky scored the game’s opening goal. It was his first marker of the 2016 playoffs.

— Washington outshot Pittsburgh 15-9 in the first period, but Pittsburgh ended up with a 45-35 edge.

— This is the first time in the 2016 playoffs that Braden Holtby has allowed more than two goals. He surrendered just five goals in six games to Philadelphia.

— Matt Murray suffered his first career postseason loss after winning three straight contests against the New York Rangers.