Carolina Hurricanes owner Peter Karmanos looks to sell at least half of team

canes.jpgThe 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)

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    Video: Flyers lose Schultz after big hit from McIlrath

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    It looks like the injury bug has taken another chunk out of the Philadelphia Flyers.

    The Flyers, who are already without Mark Streit, Ryan White and R.J. Umberger, have now lost Nick Schultz to injury.

    Schultz left Saturday’s game against the Rangers in the first period after taking a hit from Rangers defenseman Dylan McIlrath.

    Luke Schenn went after McIlrath right after he delivered the hit and both players dropped the gloves.

    Schultz did not return.

    You can watch the entire sequence by clicking on the video at the top of the page.

    The 33-year-old has just one assist in 23 games, but he leads the Flyers in blocked shots with 54.

    Goalie nods: Bernier has a ‘huge’ opportunity to prove himself vs. Caps

    Jonathan Bernier
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    Jonathan Bernier hasn’t been very good in ’15-16, but he’ll have a great opportunity to right the ship on Saturday night.

    Facing the Washington Capitals is never an easy task if you’re a goaltender, of course, but Bernier can’t afford to be picky with his chances.

    The 27-year-old is still looking for his first win of the season, as he has an overall record of 0-7-1. His 3.17 goals-against-average and a .895 save percentage are just as bad as his record.

    Starter James Reimer is out tonight after suffering an injury in practice and although Bernier probably can’t win the starting job with just one good game, a solid performance would go a long way.

    He’ll go head-to-head with Capitals goalie Braden Holtby.


    Cory Schneider will face the Habs for the second time in two nights. The Canadiens are expected to go with Dustin Tokarski, but that hasn’t been confirmed. Montreal beat New Jersey, 3-2, in a shootout on Friday.

    -The Islanders have yet to confirm a starter, but they’ll likely go up against Ben Bishop on Saturday night.

    -Expect Linus Ullmark to go up against Pekka Rinne when the Sabres and Predators clash in Nashville. Rinne is on a season-high four-game losing streak.

    -The Oilers may turn to Anders Nilsson against the Penguins. Pittsburgh will decide between giving Marc-Andre Fleury two starts in two nights or going with Jeff Zatkoff.

    -The Stars, like Pittsburgh, will have to decide if they want to give Antti Niemi a second game in two nights. They will be going up against Devan Dubnyk and the Minnesota Wild on Saturday.

    Sergei Bobrovsky will get the start in Saturday’s game against the St. Louis Blues. He was solid in a 2-1 OT win over the Penguins on Friday night. The Blues will counter with starter Jake Allen.

    -The Jets have yet to confirm a starter in Denver. They’ll be going up against Semyon Varlamov, who was pulled in Wednesday’s game against Ottawa after he allowed three goals on 15 shots.

    Craig Anderson will look to win his fifth straight game when the Senators take on Arizona. The ‘Yotes still haven’t named a starter.

    Jonas Hiller is likely to get the start against San Jose, while the Sharks will definitely be countering with starter Martin Jones. The Sharks goaltender is coming off a loss to the ‘Hawks, but previously won five in a row.

    Scott Darling will put his 2-2-1 record on the line against the Kings. Jonathan Quick will probably be between the pipes for the Kings. Quick has a 7-15-1 record against the ‘Hawks in his career.

    The verdict is in: Dubinsky gets one game for cross-checking Crosby


    Brandon Dubinsky has been suspended one game for his cross-check to the back of Sidney Crosby‘s neck.

    The incident took place during the second period of Friday’s game.

    Crosby did head to the locker room after the play, but he was able to return.

    When deciding on the number of games to give Dubinsky, here’s what the NHL took into account:

    1. Dubinsky delivered a clear cross-check.
    2. Dubinsky has been fined before, but never suspended.
    3. Crosby wasn’t seriously injured on the play.

    “In this case, while Dubinsky’s cross-check isn’t overly violent or forceful, it is an intentional strike to an opponent’s head using his stick,” the NHL said in their explanation of the play. “This is not a case where the head contact was caused by a sudden movement by Crosby or by a stick riding up a player’s back or shoulders and making subsequent contact with the head.”

    Click on the video at the top of the page to watch the NHL’s full explanation.

    The Blue Jackets take on the Blues in St. Louis tonight.

    Ready to Roll: Oilers activate Schultz from IR, send down Reinhart

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    The Edmonton Oilers activated defenseman Justin Schultz off injured reserve and assigned Griffin Reinhart to the minors.

    Schultz has missed the last 14 games because of a back injury, but he’ll suit up in Saturday’s game against the Pittsburgh Penguins.

    The 25-year-old has one assist and a minus-6 rating in nine games in ’15-16.

    Here’s his interview with Oilers TV from earlier today:

    Reinhart was acquired in an off-season trade with the New York Islanders this summer.

    The former fourth overall pick has no points and a minus-1 rating in 12 games with the Oilers.