Despite Stanley Cup championship, Blackhawks were a financial loser last year


rockywirtz1.jpgPerhaps there was a method to old “Dollar” Bill Wirtz’s madness and Scrooge-like ways. A story out of the Chicago Tribune by Melissa Harris claims that even in spite of the Blackhawks selling out the United Center on a nightly basis, reaching the playoffs and ultimately winning the Stanley Cup the team finished the season, financially speaking, deep in the red. No truth to the rumor that the sound of late owner Bill Wirtz saying, “I told you so” have been heard coming from the halls of United Center.

Wirtz first revealed that the team was not profitable in private. “It’s going to take four (or) five years before we can actually get back in the black,” Wirtz said at an April 19 forum at the Economic Club of Chicago, according to a transcript. “And right now we’re still supporting the Blackhawks with our other Wirtz organizations.”

In a follow-up interview this week, Wirtz said that the Blackhawks ran out of cash several times last season. Each time, he received a memo, known as an internal capital call, in which the team requested money from Wirtz Corp., the Blackhawks’ parent company, to cover operating expenses. And at the end of the season, Wirtz said he double-checked that the playoffs did not cover those losses; the franchise remained in the red, the team’s accountant told him.

“We have multiple businesses and obviously we want every one to stand on its own,” Wirtz said. “And what you don’t want to do is manage one business from the profit of the other one.”

One of the things the team is doing to counter the financial shortfall is to raise season ticket prices. After all, a team’s gains and losses can pass down to the consumer, this time to the tune of an average 20% raise across the board. What once used to be a comparatively cheap ticket to buy in the NHL is now one of the priciest. If you’re worried that this will cause current owner Rocky Wirtz to start conducting business the way his old man did, however, fear not.

“We’re going to do everything we can to win,” team President John McDonough said. “We want this to be a destination for free agents. We want this to be a place where players want to play. … We’re going to charter our players (to away games) and we’re going to stay in hotels that are going to be synonymous with a first-class operation. When Rocky and I first met, we talked about this commitment.”

At least the Blackhawks no longer have to worry about home games being blacked out on local television. Progress finds its way into Chicago at long last. But why have costs gotten so out of control for the Blackhawks even in spite of success? Perhaps you might want to sit down for this one. Escalating salaries are to blame.

Compared with professional basketball, baseball and football, the economics of hockey are difficult.

The league operates under a 2005 revenue-sharing agreement. The way it works is that the teams that rake in the most income, generally regardless of expenses, subsidize the teams that generate the least.

A drawback is that it disqualified the Blackhawks, because of the size of the Chicago market, from receiving revenue sharing dollars.

The primary benefit is that it capped players’ salaries — an owner’s largest expense.

“The collective bargaining agreement has been a major help, but by no means did it create a league where all teams were going to be profitable from that point forward, or even most of them, quite frankly,” said Marc Ganis, president of SportsCorp, a Chicago-based sports consulting firm.

Under the agreement, the more the Blackhawks earn, the more they have to share.

For instance, the Blackhawks keep ticket revenue from their regular-season home games. But for every playoff home game last season, the Hawks had to give the NHL at least 50 percent of what their gate receipts would have been at a regular-season United Center sellout.

And gate receipts are everything in hockey. Ticket sales typically account for up to half of a team’s income.

“You can technically lose money during the playoffs if you don’t raise your ticket prices” for them, Wirtz said.

Obviously the league’s tough position with television contracts play into this as teams aren’t earning nearly as much as the other professional leagues but that’s something all the teams have to deal with. Forgive my cynicism here, but hearing from a team that has a license to print money with a reinvigorated fanbase that’s going crazy for their team (and all the merchandise and ticket sales that entails) makes me feel that this claim of losing so much money feels out of place.  The team is pushing the limits of the salary cap and spending money that they were more than happy to do in order to win it all.

Granted, Rocky Wirtz isn’t playing the “woe is us” card through all this and comes off more as explaining that all is not as rosy as it appears. But isn’t that the point here? It comes off as finding a subtle way to complain about the system in place but doing so in a way so as to not offend anyone in particular. They’ve accepted what they’re doing and their role in everything but don’t want to upset the fans when those costs get passed along to them. Thankfully for Rocky Wirtz, the easiest way to make sure complaints about higher ticket prices are kept to a minimum is to win it all. Mission accomplished.

The Buzzer: Hall leads Devils; Jets’ Connor plays OT hero again

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Players of the Night

John Gibson, Anaheim Ducks: Yeah, they lost, but it would have been a much worse outcome for the Anaheim Ducks if not for their goaltender. During a 3-2 overtime loss to the Winnipeg Jets, Gibson was outstanding in stopping 39 shots while his teammates threw only 18 Connor Hellebuyck‘s way.

Taylor Hall, New Jersey Devils: The Devils earned a very important two points during a wild 4-3 overtime win over the Pittsburgh Penguins. After blowing a 3-1 second period lead, it was Hall (three points) who helped New Jersey claim the extra point with the winning goal 27 seconds into the extra period. He now has a career high 81 points.

Antti Niemi, Montreal Canadiens: Niemi earned his first shutout of the season with 35-save effort as the Habs blanked the Buffalo Sabres 3-0. Artturi Lehkonen opened the scoring and Paul Byron and Brendan Gallagher added very late insurance markers as Montreal snapped a four-game losing streak.

Highlight of the Night

Devils forward Blake Coleman gave us this one-handed beauty against the Penguins:


Patrik Berglund scored twice as the St. Louis Blues stayed in the playoff hunt with a 4-1 win over the Vancouver Canucks. The Blues have won six of seven and four in a row to put themselves a point behind the Colorado Avalanche for the West’s second wild card. In his return to the lineup, Vladimir Tarasenko gave Anders Nilsson the old change-up for this goal:

• The Jets gave us a pair of pretty goals Friday night during their 3-2 win over the Ducks. First, check out Blake Wheeler’s hands as he set up Mark Scheifele’s 22nd of the season:

Wheeler was also part of this pretty passing play that ended with a Nikolaj Ehlers goal:

In the end, it was Kyle Connor notching the overtime winner for the second straight game:

David Pastrnak and the Boston Bruins dealt the Dallas Stars a big blow to their playoff hopes with a 3-2 win. “Pasta” scored the go-ahead goal with 11.1 seconds left in the third period, erasing a 2-0 lead the Stars had entering the final 20 minutes. The Stars are four points out of a wild card spot with seven games left in the regular season.

• No word if she was successful.

Factoid of the Night

Devils 4, Penguins 3 (OT)
Canadiens 3, Sabres 0
Blues 4, Canucks 1
Jets 3, Ducks 2 (OT)
Bruins 3, Stars 2


Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @Sean_Leahy.

‘Monster year’ could land John Carlson a monster contract

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John Carlson can’t forget that he is fighting for the NHL lead for points among defensemen because his Washington Capitals teammates keep razzing him about it.

”The guys do a good job of pumping that up in the locker room,” Carlson said.

Carlson’s 61 points have him tied with the Dallas Stars’ John Klingberg, and he is a dark horse candidate for the Norris Trophy as the league’s top defenseman.

”John’s having just a whale of a year,” teammate Matt Niskanen said. ”Monster year – production, been carrying the load all year. He’s been a stalwart back there for us.”

This breakout season with a career-high 15 goals and 46 assists is coming at a perfect time for Carlson, who is set to be an unrestricted free agent this summer but has been flying under the radar compared to New York Islanders captain John Tavares. Carlson command upward of $7 million per season on a deal that’s almost certain to be eight years if Washington re-signs him or seven if he hits the market July 1.

The 28-year-old has outperformed the six-year contract he signed in 2012 that pays him just under $4 million a year. He has shown the ability to be a dominant No. 1 defenseman by averaging 25 minutes a game, running the point on the top power-play unit, killing penalties and drawing the toughest matchups.

A 2008 first-round pick of the Capitals, Carlson likes Washington and would like to stay if the fit is there. General manager Brian MacLellan has said he believes each side wants to get a deal done but will wait until after the season to try to make it happen.

The big question is whether the Capitals can make it work under the salary cap, which might require trades even though the ceiling is expected to go up to between $78 million and $82 million from $75 million.

Carlson might not reach the $7.875 million annual salary of Tampa Bay defenseman Victor Hedman, who along with Drew Doughty of the Los Angeles Kings is a Norris front-runner, but he might not be far off. Carlson has more of an offensive punch than San Jose Sharks defenseman Marc-Edouard Vlasic, whose new deal pays him $7 million a year, and he has almost double the points of the next-highest potential free agent defenseman, former Capitals teammate Mike Green, who’s 32.

”He’s always been steady,” Washington goaltender Braden Holtby said of Carlson. ”His role’s expanded, obviously, which shows: time on ice and points and such. He’s got all the tools of a great defenseman. ”

Carlson isn’t the only player excelling in a contract year. Here are some others:

James van Riemsdyk

Thirty-goal scorers get paid handsomely in free agency because they are so rarely available. Van Riemsdyk’s 33 goals are 11th-most in the NHL, and the 6-foot-3, 217-pound left-winger has gotten better around the net. Van Riemsdyk, the second overall pick in 2007, has another one of the league’s best bargain contracts at $4.25 million a year, which Toronto inherited from Philadelphia. The Maple Leafs have expressed interest in keeping the 28-year-old.


Undoubtedly the best pending free agent, Tavares still not having a new contract with the New York Islanders is generating buzz and whispers like Steven Stamkos two years ago. Stamkos re-upped with Tampa Bay on the eve of free agency, which Tavares could do. The Islanders will miss the playoffs for the second consecutive season and sixth time in Tavares’ nine years in the league. The point-a-game player with 32 goals and 43 assists could fetch $10 million a year or more if he isn’t back with New York.

David Perron

The expansion Vegas Golden Knights struck gold with Perron, whose 66 points are a career high and a big reason they are leading the Pacific Division. The soon-to-be 30-year-old winger got his game back after bouncing around to four different teams the past five seasons and could easily re-sign with Vegas like teammate Jonathan Marchessault did.

Joe Thornton

Knee surgery knocked Thornton out of the San Jose Sharks’ lineup in January, cutting short a season in which he had 36 points in 43 games at age 38. If Thornton shows he can still play at the top of his game when he returns, he will be in demand for another one-year contract.

Rick Nash

Going from the New York Rangers to Boston appears to have reinvigorated Nash’s game after just 28 points in 60 games before the trade. The 33-year-old power winger’s contract year won’t truly be judged until the playoffs, where he gets another chance to exorcise some past demons.

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Starting goaltenders battling fatigue as playoffs loom

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Behind the mask is a mind filled with a web of a thousand thoughts, worries and a singular focus of what it takes to win a game.

Then the next game, then the one after that.

”There is no shut-off for a goaltender,” retired goalie Brian Boucher said. ”The mind doesn’t shut off.”

A starting NHL goaltender bears a burden unlike any position in hockey and few others in sports, and the resulting pressure builds up over the course of a season. By this time of year, with the playoffs on the horizon, No. 1 goalies have grinded through almost six months of work and are battling fatigue that threatens to derail their team’s hopes.

Andrei Vasilevskiy of Tampa Bay is going through it for the first time while Braden Holtby of the Washington Capitals is used to it by now. Goalies of all ages have no choice but to manage the physical and mental hurdles.

”It’s one of those things that you’ve got find ways to make sure you’re prepared and ready to play every game,” Holtby said. ”As a goaltender, there’s not much room to take nights off.”

It’s worse for the goalies whose teams can’t afford to start a backup. Boucher started the final 13 games for Philadelphia in 2010 to help them make the playoffs, Jonathan Quick started 20 of the final 21 games for the Los Angeles Kings when they tried to make a furious push to make it in 2015 and Kari Lehtonen could be counted on to play the final nine games of the Dallas Stars’ season now as they claw for a spot.

[The 2018 NHL Stanley Cup playoffs begin April 11 on the networks of NBC]

”You’ll go through the whole night thinking about tomorrow, show up to the rink in the morning thinking about tonight and then you show up to the game thinking about the game,” said Boucher, now an analyst for NBC Sports. ”Not until that horn goes off at the very end can you finally go, ‘Whew,’ and take a deep breath and hopefully it’s in a celebration with your teammates. …. You have a shower, you feel good about things, you go home, you kind of decompress and then the next day it starts again: the butterflies, the nerves, the thinking about your opponent. And that’s the mental fatigue that comes into it.”

That’s what Vasilevskiy is dealing with at age 23, 58 starts into his first season as the full-time starter and the league leader in victories.

”Tiredness is something that I probably never faced before,” he told The Tampa Bay Times.

The same goes for Winnipeg goalie Connor Hellebuyck, who is between the pipes for meaningful games and on the cusp of his first playoff appearance. Jets goaltending coach Wade Flaherty talks to Hellebuyck almost daily about what he needs to be successful, and the staff pays careful attention to making sure the 24-year-old is good to go.

Coach Paul Maurice said the Jets are aware of the balance between rhythm and rest but aren’t holding Hellebuyck back.

”There’s a fatigue component that a No. 1 goaltender also has to embrace,” Maurice said. ”He has to learn how to play when he doesn’t feel 100 percent right because that’s basically going to be his life.”

Winnipeg has been able to give Hellebuyck blocks of two or three days completely off, a rarity for top goalies this time of year. The Nashville Predators have a big enough lead atop the Central Division that they can afford to lighten Pekka Rinne‘s workload down the stretch, which could be a huge benefit.

”I like thinking outside the box,” former goalie Martin Biron said. ”You may have a Friday-Saturday game, have a Tuesday game, have a Thursday game. You can play your starter on Friday-Saturday and not play him on Tuesday so he gets Sunday, Monday, Tuesday, Wednesday (off) and then he gets ready for the weekend again for the Thursday. There’s a lot more days to be able to decompress and really think about how to reset and re-prepare.”

Holtby got a 10-day reset from a month-plus of struggles as Philipp Grubauer started four games in a row. Having a reliable backup is a luxury Washington has – and Holtby doesn’t like taking days off, either. Toronto starter Frederik Andersen recently joked that he’s more tired of being asked if he’s tired than he is from facing the most shots in the league.

Practice shots, warmups, travel and mental and physical preparation are also part of the wear and tear. Analyst Justin Goldman of The Goalie Guild said those can be spaced out over weeks and months.

”Anything you can do to get a little bit of extra sleep over the course of the season is absolutely monumental when it comes time for the playoff push,” Goldman said.

Biron, who started 59 games for Philadelphia in 2007-08 and backed up Henrik Lundqvist when the New York Rangers realized the ”King” needed more time off, figures 60 is the perfect number for a starter. For someone like Vasilevskiy who can’t afford to learn and wait for next year, Boucher said he hopes a more relaxed market like Tampa Bay helps now and the rush of the playoffs gets him through the grind in a few weeks.

”I think Vasilevskiy’s going to be fine just because you watch his physical attributes, they’re through the roof,” Boucher said. ”So the physical side doesn’t look like it’s an issue. Now it’s his time to shine.”

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Vladimir Tarasenko returns to Blues at pivotal time

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The St. Louis Blues are getting Vladimir Tarasenko back at a crucial time.

Tarasenko missed the past two games with an upper-body injury — a suspected but never confirmed concussion — and returns with the Blues sitting three points back of the second wildcard spot in the Western Conference.

The Blues host the Vancouver Canucks on Friday and hold a game in hand over the Anaheim Ducks

Tarasenko sits second on the team in scoring with 27 goals and 58 points in 71 games.

The Blues don’t have much wiggle room in terms of losses in their last nine games. Anaheim is going for their fifth straight win and the Colorado Avalanche have been on fire ever since the return of Nathan MacKinnon.

But the Blues have won three in a row themselves to put themselves back in contention.

The return of a talent as good as Tarasenko can only help their efforts.

Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @scottbilleck