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.
This post is part of Islanders Day on PHT…
The New York Islanders made something of a gamble when they selected Josh Ho-Sang with the 28th overall pick in the 2014 NHL Entry Draft and now that bet could start to pay off handsomely.
Even before Ho-Sang was drafted he was attracting quite a bit of attention. He had the tools to be a big offensive threat, but there were concerns about his attitude.
“I don’t think it’s from unfair labels, it’s from stuff that I’ve done,” he told the Windsor Star back in June 2014. He later added, “I’ve just not done certain things the proper way. That’s just all part of maturity, so if that’s going to hurt me in the draft, that’s something that I’m accepting of, because that’s all me. It’s something that’s a part of growing up.”
Those statements of acknowledgment can be seen as encouraging, but the warning signs continued as he showed up late for the first day of training camp in 2015 and the Islanders addressed it by immediately returning him to the OHL. Fortunately since then there has been more encouraging news about Ho-Sang.
He went pro in 2016-17 and had an strong season in both the AHL and NHL. With the Islanders he scored four goals and 10 points in 21 contests while getting a solid 16:27 minutes per game. That left an impression on Islanders coach Doug Weight.
“Josh was great,” Weight said. “We were getting feedback from [Bridgeport coach Brent Thompson] about his attitude down there, and he was playing hard, learning the system and played with some passion. I think he showed that when he came up.”
Ho-Sang’s spot on the Islanders still isn’t guaranteed, but he’s put himself in a position where it’s very plausible that he’ll be part of the team’s opening game roster. If he plays well he could end up being a significant presence on the club throughout the season.
All the while he might be making the case that the Islanders’ gamble has turned into a steal.
Francois Beauchemin will once again be playing for the Anaheim Ducks, according to TVA Sports and Renaud Lavoie.
Updated: The Ducks have since confirmed a one-year deal for Beauchemin.
The contract reportedly comes with a base salary of $1 million and the potential to earn roughly $500,000 more in performance bonuses.
This would be Beauchemin’s third stint with the team. He played with Anaheim for parts of four campaigns from 2005-06 through 2008-09. Along the way he averaged a staggering 30:33 minutes per game in the playoffs during the Ducks’ 2007 championship run. His second stint with the club spanned parts of five seasons from 2010-11 through 2014-15. As was the case during his previous run, Beauchemin was a workhorse and in the 2013 lockout shortened season he also finished fourth in the Norris Trophy vote.
Beauchemin spent the last two seasons with Colorado. Although he’s 37-years-old now, Beauchemin has only missed one game over the last two seasons and still averaged 21:31 minutes in 2016-17.
Despite that, Colorado decided to buy him out this summer, which freed up a protected list spot for the expansion draft and created an opening for the club’s younger defensemen as the Avalanche focus on rebuilding.
Given that defensemen Hampus Lindholm and Sami Vatanen might start the season on the sidelines, adding another blueliner capable of serving in a top-four role like Beauchemin has the potential to be a big boost for the Ducks.
Marian Gaborik‘s recovery from a non-surgical procedure to address his “chronic” knee issue will likely bleed into training camp.
“He’s progressing pretty well from the summer,” Kings GM Rob Blake told LA Kings Insider. “He still has some difficulty with some of the lifts and the strength. We’re probably not sure if we’ll see him in training camp right away, but again, he’s a guy that trains at a very high level and he’s made a commitment to stay in L.A. after he got married, get the rehab back on course. We’re hopeful he can get back to the level that he started last season and the World Cup at.”
Gaborik has been an elite scorer at times during his career, but injuries have been a recurring issue for him. Over the past four seasons he’s played in 220 of a possible 328 contests and he’s been limited to 43 points in 110 games over the last two campaigns.
That’s particularly worrying given that the 35-year-old forward still has four seasons left on his seven-year contract worth roughly $34 million. At the same time a bounce back campaign out of Gaborik would go a long way towards addressing the offensive woes Los Angeles endured in 2016-17.
This post is a part of Islanders day at PHT…
No goaltender went through a season that could be more accurately called a roller coaster than Jaroslav Halak.
The veteran netminder entered the campaign immediately following a superb showing in the World Cup, but he struggled in the first half of the season to the point where he cleared waivers and was then sent to the minors on Dec. 31. Rather than fade away though, he got a second wind in the AHL. That led to him being called up on March 23 and shining in the finals weeks of the campaign.
So after all that, what’s next for Halak? Will he excel like he did towards the end of the season, struggle like he did at the beginning, or end up being wildly inconsistent yet again?
He’s down to the final season of his four-year, $18 million deal and Thomas Greiss has emerged as a strong alternative for the starting gig with the Islanders. Greiss is entering the first season of a three-year, $10 million deal, so he is more firmly established as part of the Islanders’ plan than Halak, but Greiss’ contract isn’t so expensive or long-term that the Islanders can’t re-sign Halak too if the situation calls for it. Especially if Halak were to step up and become a major part of guiding the Islanders back into the postseason after their disappointing 2016-17 showing.
What the presence of Greiss does though is give Halak little leeway in order to reestablish himself as that type of goaltender. If Halak even has a bad October, he might find himself set more clearly in the backup role beyond that.
Perhaps the Islanders are looking to Greiss as their future though and have little interest in Halak beyond this season. Maybe they would prefer a younger and/or cheaper pairing with Greiss once given the flexibility that Halak’s contract expiring affords them. Even in that scenario, this would still be a critical season for Halak as he’ll need a strong showing in order for him to find a gig elsewhere. After all, it wasn’t long ago that the entire league said they didn’t want his contract and while he’s bounced back since then, he still needs to prove this season that he’s worth a new deal.
The goaltender market is always a tough one, especially for those seeking a starting job, but for a great netminder that’s a nonissue. Halak has played at that level at various points of his career. He needs more than ever to be that goaltender again.