The Carolina Hurricanes look like they might join the group of NHL teams looking for new ownership – at least in some form. The Triangle Business Journal reports that Canes owner Peter Karmanos hired Allen & Co. (the group that advised in the sale of sports teams such as the Pittsburgh Penguins) to sell 50 percent of the Hurricanes.
“My partner, Tom Thewes, passed away two years ago, and we have been putzing around trying to figure [out] how to replace the partner,” said Hurricanes owner Peter Karmanos, who currently controls 100 percent of the franchise. “We just went to Allen & Co. to explore the different ways. It’s certainly not to sell the team.”
The report notes, though, that buyers often want full control rather than “half” control when making such an investment. Karmanos, of Michigan, reportedly would prefer to add a local presence which means that they will first looking into potential owners in the North Carolina area.
Another important note, though, is that there can be a “too many cooks in the kitchen” mentality to 50-50 ownership situations.
How a 50-50 partnership would be structured for the Hurricanes is uncertain. There are only a handful of similar arrangements in sports. The Tisch and Mara families peacefully co-own the New York Giants, with the Maras handling football operations and the Tisches overseeing business operations. On the other side, George Gillett and Tom Hicks’ co-ownership of Liverpool FC has been stormy, and the duo is currently trying to sell the team.
My take is like with any collaboration, it’s important for everyone to have clearly defined roles. At least if you want to have some semblance of peace.
Naturally, this is very early in the situation, so exact details are scarce. We’ll keep you up to date on the potential (partial?) sale of the Hurricanes, along with the scenarios for the Coyotes, Thrashers, Stars and any other teams who might look for new owners as reports filter in.
(H/T to Kukla’s Korner)
The Nashville Predators boasted some appealing options to take the torch from Mike Fisher as captain, but really there was only one obvious name: Roman Josi.
Josi officially became the team’s eighth captain on Tuesday. Ryan Ellis appears to be second-in-command as “associate” captain, while they seem interested in spreading the leadership wealth around otherwise:
As captain, Josi will see an increased role on the Predators leadership team, which will also see some new appointments. Defenseman Ryan Ellis has been named as the team’s associate captain, while Ryan Johansen, Filip Forsberg and Mattias Ekholm will all serve as alternate captains. In addition, Pekka Rinne, P.K. Subban and Nick Bonino have all taken positions within the leadership group.
If that’s not a sign that the team is taking this seriously – kind of amusingly so – consider that Ellis and Josi “interviewed” for the position and Peter Laviolette evoked military structures in discussing the decision, as sports teams love to do.
Josi seemed flattered when GM David Poile described him as “our Roger Federer,” a fellow Swiss sports star.
At face value, that’s great, especially since it breaks through the near-corporate-speak that saddles announcements like these.
That said, it’s funny to compare the leader in a team sport to a tennis player, among the most individualistic athletes in all of sport. There aren’t many moments of teamwork beyond doubles and rare events like the Davis Cup.
Overall, it’s another strong decision by the Predators. It’s merely fun to tease them a bit about the cornier aspects.
Hockey’s training camps and exhibition games share a lot of similarities, big-picture wise, with other sports.
As much as they’re all about evaluating players trying to make rosters and rule tweaks heading into each season, the “winners” of a pre-season may just be the teams that make it out without any significant injuries. The St. Louis Blues aren’t one of those winners.
The team announced unsettling injury updates for defenseman Jay Bouwmeester and forward Zach Sanford on Tuesday.
Sanford is expected to miss five-to-six months after undergoing shoulder surgery. That virtually wipes out an important season for a guy who was still trying to stake his claim to a full-time roster spot.
Bouwmeester’s situation is probably more troubling, potentially, as he’s already a key defenseman for the Blues (averaging more than 22 minutes last season, which was a slight decrease from recent work). The team announced that Bouwmeester suffered a fractured ankle and will be re-evaluated in three weeks.
As tormenting as day-to-day updates can be, “check back in three weeks” makes for even greater anxiety.
It does open up some opportunities for other players in the Blues organization, for whatever that’s worth.
This news comes shortly after the Ottawa Senators announced that Colin White will miss multiple weeks with a broken wrist.
You almost wonder if we’ll start to see fewer practice updates like these:
Bad news for the Ottawa Senators today.
The club announced Tuesday that prospect center Colin White is out six to eight weeks with a broken left wrist.
The Senators selected White 21st overall in the 2015 NHL Draft. After two years at Boston College, he signed his entry-level deal in April and appeared in two regular season games for Ottawa. He also appeared in a Stanley Cup playoff game, though he only saw 2:39 of ice time.
That’s certainly disappointing for White, who could’ve had a shot to make the big club out of training camp. One of the question marks for Ottawa had been the status of fellow center Derick Brassard, who had offseason shoulder surgery with a recovery timeline of four to five months.
“I come here and worry about myself, do the right things on and off the ice, take care of my body. If I’m playing well and taking care of my game, I’ll fight for a spot,” White told the Ottawa Citizen prior to training camp.
The Vancouver Canucks dealt with some adverse conditions as they hit the ice at Mercedes-Benz Arena in Shanghai in preparation for this week’s 2017 NHL China Games exhibition series versus the L.A. Kings.
According to the pictures, it was a little on the foggy side for their practice.
Is that . . . Henrik Sedin in the distance?
The Canucks and Kings face off Thursday at Mercedes-Benz Arena, before traveling to Beijing for Saturday’s game at Wukesong Arena.
The good news? It appears the fog was lifted in time for the Kings’ practice.