The saga surrounding the sale of the Dallas Stars may finally be coming to an end. Mike Ozanian of Forbes Magazine is reporting that the team is on the brink of being sold for an amount in the range of $275-$300 million. He goes on to add this tidbit:
The sale of the Stars tells me two things: creditors of Hicks Sports Group will recoup some $200 million on top of what they will receive from the sale of the Texas Rangers and that despite the troubles of the Phoenix Coyotes, Atlanta Thrashers and Nashville Predators hockey can sell in the right southern market. Even the lower enterprise value for the Stars works out to a rich 2.8 times revenue and 23 times operating income. Those are NBA-like multiples.
Considering that Hicks was able to recently get rid of the Texas Rangers in a messy litigation wrestling match that involved Nolan Ryan (who along with Chuck Greenberg ultimately bought the team for $590 million), Tom Hicks’ escape from the burden of professional sports is nearly complete. Liverpool soccer fans will be disheartened to know he’s still involved with them.
Ozanian fails to note, however, that hockey in Dallas is an enterprise unto itself and one that’s vastly different than the issues in Phoenix, Atlanta or Nashville. In Dallas, hockey has been a roaring success. Attendance is never an issue, the team has generally always been successful there and it’s grown the game in Texas by leaps and bounds. After all, do you think the AHL would have three franchises there without it going over well with the locals? I think not. The Stars are without a doubt a successful NHL franchise and their location in Texas just shows that if you bring a winner to town it can do well.
With Hicks out of the picture, whether the new owner is Bill Gallacher or Tom Gaglardi remains to be seen, but so long as they’re in place, you have to think that the shackles will come off of the finances of the Stars. This summer has seen the Stars rein things in a bit in regards to spending money, leading to trade rumors involving Mike Ribeiro being shipped out so the team could lose his contract. The Stars, as it sits now, have the sixth lowest payroll in the NHL. That may jump up a bit once they sign restricted free agents Niklas Grossman and James Neal. Getting Hicks’ toxic-of-late presence out of Dallas and the NHL should do both a world of good.
There will be no 0-8 start in Columbus this season.
The Blue Jackets were 3-2 winners against the Chicago Blackhawks on Friday night to earn their first win of the season thanks to goals from Zach Werenski, Nick Foligno and William Karlsson. The first two of those goals came on the power play as the Blue Jackets were the latest team to feast on Chicago’s dismal penalty killing unit this season. Those two power play goals came on Columbus’ only two power play opportunities of the night.
Right now everybody is scoring against the Blackhawks on the power play.
With the two more goals against on Friday, Chicago’s penalty kill has already given up 11 goals through the first five games of the season, becoming just the 18th team in the past 30 years to do that.
Their early season penalty kill success rate has been so bad that as Daily Herald beat writer John Dietz pointed out on Friday that even if they successfully kill off their next 20 shorthanded opportunities their PK would still only be at 71.8 on the season. The worst penalty kill in the NHL a season ago was 75.5 percent. In other words: That is not ideal.
After falling behind 3-1, the Blackhawks attempted to rally thanks to a goal from Richard Panik (already his fifth of the season) to cut the deficit from one. They pretty much took over the game in the third period and threw everything they could at the Blue Jackets’ net, but Sergei Bobrovsky was sensational and holding down the fort and helping the Jackets get their first win of the season.
It was a costly win for the Blue Jackets in some ways though as they lost defenseman Ryan Murray to an upper body injury in the first period. Injuries have been a problem for him throughout his young career.
As for the Blackhawks, the loss drops them to 2-3-0 on the young season. There are a lot of new faces on this year’s team, and a lot of young players filling out the bottom half of the roster. Early on it has been a struggle for pretty much everybody.
Columbus Blue Jackets defenseman Ryan Murray had to leave his team’s game against the Chicago Blackhawks on Friday night with an upper body injury, the team announced.
He will not return to the game.
Murray, the No. 2 overall pick in the 2013 draft, seemed to be injured when his arm was pinned against the boards when trying to finish a check on Blackhawks defenseman Brent Seabrook behind the net.
Murray played only 4:38 on Friday night before exiting the game.
The No. 2 overall pick in the 2012 draft, Murray played in 81 games for the Blue Jackets a year ago, scoring four goals to go with 21 assists.
He had played in one of the Blue Jackets’ two games this season entering Friday and did not record a point.
After spending the past eight years moving around the NHL, Zach Boychuk is moving overseas.
On Friday it was announced that the 27-year-old forward has signed a contract with HC Sibir of the KHL.
Boychuk was a first-round draft pick by the Carolina Hurricanes in 2008 and has also spent time with the Pittsburgh Penguins and Nashville Predators in his career.
He did not play in the NHL during the 2015-16 season, spending the year split between the Charlotte Checkers and Bakersfield Condors of the American Hockey League.
In 127 NHL games he has scored 12 goals and added 18 assists.
Boychuk was in camp in September with the Arizona Coyotes on a tryout contract but did not make the team.
The Philadelphia Flyers are going to be without forward Dale Weise for the next three games as a result of a suspension handed out by the NHL’s department of player safety on Friday evening.
The league announced that Weise has been suspended due to an illegal check to the head of Anaheim Ducks defenseman Korbinian Holzer during their game in Philadelphia on Thursday night.
Weise was not penalized for the hit.
The incident happened midway through the second period of the Ducks’ 3-2 win, and came just as Holzer was skating with the puck in his own zone.
Here is a look at the play, as well as the NHL’s explanation for the suspension.
Holzer was not injured as a result of the hit.
The Flyers have been hit hard by suspensions so far this season. They played the first three games of the season without forward Brayden Schenn as he served a suspension that carried over from the 2016 playoffs. Defenseman Radko Gudas is still sidelined as he serves a six-game suspension for a hit this preseason.
Weise has yet to record a point in four games for the Flyers this season. He scored 14 goals and added 13 assists a year ago for the Montreal Canadiens and Chicago Blackhawks.
This suspension will cost him $39,166.68 in salary.
He will be eligible to return to the Flyers’ lineup on Oct. 27 when they host the Arizona Coyotes. He will miss games against Carolina, Montreal and Buffalo.