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.

Video: Crosby to Dan Patrick – Subban fight ‘wasn’t as bad as it looked’

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Listerine, the 2017 Stanley Cup Final, and a growing rivalry. Sidney Crosby and P.K. Subban battled it out at the highest level not so long ago, but some of that action looked worse than it actually was.

At least, that’s the message Crosby sent on “The Dan Patrick Show,” as you can enjoy in the clip above.

As a bonus, Crosby also discussed his favorite Stanley Cup traditions – hey, there can be traditions when something happens three times – and how Mario Lemieux inspires some especially creative ideas:

Rebuild on hold? Red Wings reportedly eye Girardi, Hainsey, Daley

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For the first time in ages, the Detroit Red Wings missed the playoffs. To some, the sliver lining was that this might send a message to management to truly commit to a rebuild.

Perhaps GM Ken Holland & Co. aren’t quite ready for that.

Look, one or even a couple of potential free agent signings won’t disqualify the Red Wings from going younger. Still, the rumored defensemen they’re targeting aren’t exactly spring chickens.

Three names floating out there are Trevor Daley, Dan Girardi, and Ron Hainsey.

Daley was mentioned by The Athletic’s Craig Custance, MLive.com’s Ansar Khan, and the Detroit Free-Press’ Helene St. James. Khan and Custance both mention Hainsey and Girardi, too.

Even in one-case mentions, the “veteran” theme continues, with Brian Campbell‘s name coming up while forward Thomas Vanek seems like at least a remote possibility to return to Detroit.

Let’s look at the ages of the defensemen mentioned, noting that Daley is older than some might have expected.

Daley – 33
Girardi – 33
Hainsey – 36
Campbell – 38

In the case of Daley and Girardi, you could also argue that each blueliner also has a lot of “mileage” for their age. Girardi, in particular, plays the sort of grinding, shot-blocking style that might have accelerated his troubles with the Rangers.

As great as experience might be, even for a “final push,” this sends a troubling signal. In Mike Green (31), Jonathan Ericsson (33), and Niklas Kronwall (36), the Red Wings already have an aging group of defensemen. Kronwall and Ericsson are dealing with injuries that may hinder them for the remainder of their careers, too.

When you also note that Holland exposed 25-year-old goalie Petr Mrazek instead of 33-year-old Jimmy Howard, the picture isn’t especially pretty.

Maybe the Red Wings can have their cake (push for a playoff rebound) and eat it too (start to transition to youth), yet it’s not necessarily the aggressive move toward a rebuild that many likely hoped to see.

At least there’s time for Holland to prove these early worries wrong.

Note: In other Red Wings news, the team signed Ben Street to a one-year extension.

Blue Jackets sign Schroeder after trading for him

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Not long after acquiring him in a minor trade from the Minnesota Wild, the Columbus Blue Jackets signed Jordan Schroeder to a two-year contract.

The team confirms that it is a two-way deal for 2017-18 and then becomes one-way in 2018-19.

Schroeder is guaranteed $350K for the first year of that contract and then $650K in 2018-19, according to the Columbus Dispatch’s Aaron Portzline.

The 22nd pick of the 2009 NHL Draft receives a fitting contract: he’s been a “tweener,” bouncing around the NHL and AHL. He hasn’t been able to make much of an impact, Schroeder at least provides some organizational depth.

That could come in handy, as Portzline indicates that Sam Gagner – not so surprisingly – is expected to garner a lot more attention this time around in free agency. Perhaps Schroeder could serve as insurance for Gagner?

NCAA star Spencer Foo chooses the Flames

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NCAA standout forward Spencer Foo decided to sign with the Calgary Flames, as The Sports Corporation and team confirmed. The signing might not be official until free agency kicks off on Saturday, July 1, but he apparently made his decision.

After managing 25 points in each of his first two seasons with Union College, Foo exploded in 2016-17, racking up 26 goals and 62 points. You can see some of his highlights in the video above.

He didn’t go drafted, so this could be a case of another scorer blossoming late.

Foo is an Edmonton native, so playing close to home in Calgary likely factored into his decision. He was connected to the Edmonton Oilers in earlier rumors while MLive.com’s Ansar Khan indicates that his final choice came down to the Flames or the Detroit Red Wings.

Calgary is already classifying him as a RW. Perhaps he’ll be that long-desired fit for Johnny Gaudreau and Sean Monahan? There’s another positive aspect for the Flames, as this might help to soften the blow of giving up a bundle of assets in the Travis Hamonic deal.

The Sports Corporation tweeted out a photo of Foo, 23, in a Flames jersey: