'Potential buyer' bails City of Glendale out of paying $25M to NHL

The City of Glendale had its first “opportunity” to pay part of the $25 million it owes the NHL this week, but the Arizona Republic reports that someone else is footing the bill. While it hasn’t been confirmed that potential buyer Matt Hulsizer paid the money into escrow, chances seem pretty good that his group did indeed put up the money for the city.

Rebekah Sanders and Cecilia Chan broke the news.

The city announced Friday that a potential buyer has agreed to fund the $25 million that the National Hockey League demanded from Glendale in order to cover the team’s operating losses this season.

“As the city and the prospective buyer work toward finalizing documents, in a show of good faith, the prospective buyer has deposited $25 million dollars into escrow,” Glendale’s statement read.

Glendale officials would not name the potential buyer, but the city has been negotiating for weeks with Matthew Hulsizer, a Chicago investor.

“This shows the city has met the NHL deadline for finding a qualified buyer, who will keep the team here, a requirement to release the City’s $25 million currently in escrow,” the statement said. “Glendale and the NHL will continue to move forward to work with the prospective buyer to facilitate a purchase of the team that will keep the Coyotes in Glendale for the long term.”

If the deal isn’t completed, Glendale would have to resort to its own $25 million again.

Sometimes it seems like the Phoenix Coyotes are a death row inmate who keeps cheating death thanks to endless appeals, but you wonder when the inevitable will happen. Hopefully this gesture indicates that Hulsizer (if his potential ownership group are the ones who put up the money, that is) is making genuine progress toward becoming the new owner.

We’ll keep you posted on this story as it develops. Sounds like it won’t end any time soon.

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    2017 Stanley Cup Playoffs Schedule for Sunday, April 23

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    Only two series remain in the first-round of the 2017 Stanley Cup Playoffs, and both of them continue on Sunday.

    First, the Boston Bruins look to push their first-round series to a seventh game after their double overtime win on Friday when they host the Ottawa Senators on Sunday afternoon. That game will be followed by Washington Capitals trying to, as Barry Trotz wants to see, push the Toronto Maple Leafs off the cliff.

    Here is everything you for Sunday’s games, both of which will be shown on the NBC networks and streamed online.

    Boston Bruins vs. Ottawa Senators

    Time: 3:00 p.m. ET

    Network: NBC (Stream Online Here)

    Toronto Maple Leafs vs. Washington Capitals

    Time: 7:00 p.m. ET

    Network: NBCSN (Stream Online Here)

    Video: Oilers showed off depth beyond McDavid in beating Sharks

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    As the Art Ross winner and Hart Trophy frontrunner, there’s no doubt that Connor McDavid is the catalyst for the Edmonton Oilers.

    Still, the scary thing for opponents is that, while he created chances against the San Jose Sharks, McDavid wasn’t exactly lighting them up for points.

    Nope, as Mike Rupp and Jeremy Roenick discuss in the video above, the Oilers advanced thanks as much to depth scorers – and deft goaltending from Cam Talbot – as they did because of McDavid’s blistering combination of skill and speed.

    Now, the Anaheim Ducks rank as an interesting opponent. While the Sharks could slow McDavid with one of the few blueliners who could really give him trouble – relatively speaking – in Marc-Edouard Vlasic, it remains to be seen if Anaheim can accomplish the same.

    (A fully healthy Hampus Lindholm would increase their odds, mind you.)

    Either way, the Oilers’ “other guys” deserve some credit, and they get it in the video above.

    The West’s next round is now set (and wide-open)

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    Saturday was a great day for fans of brevity and revenge.

    Three of a possible three series ended on this day, with the Rangers dispatching the Canadiens, the Blues eliminating the “better” Wild, and the Oilers knocking off the Sharks in six.

    The Rangers await either the Bruins or Senators and the Penguins face the winner of the Leafs – Capitals series out East, but we now know how the West shakes out.

    St. Louis Blues vs. Nashville Predators

    Both teams provided some of the upsets of this young postseason. Each features a red-hot goalie in Jake Allen and Pekka Rinne. Interesting.

    Anaheim Ducks vs. Edmonton Oilers

    There will be a lot of orange. We may also see a ton of goals with Ryan Getzlaf on fire, Oscar Klefbom headlining the list of unhealthy players and Connor McDavid possibly able to really take off against a Ducks defense that is beat up in its own right.

    It’s already been a strange season out West, with the Kings missing the playoffs and first-round exits for the Sharks and Blackhawks. Get ready – and giddy – for things to get even weirder as the postseason goes along.

    Oilers win first series since 2006 after Sharks fall crossbar short of overtime

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    After making the playoffs for the first time since 2006, the Edmonton Oilers weren’t just “happy to be there.” They confirmed as much by eliminating the San Jose Sharks with a 3-1 victory in Game 6, winning the series 4-2.

    Yes, those young Oilers just eliminated the team that represented the West in the 2016 Stanley Cup Final. Wow.

    Ultimately, winning the breakaway battle in the second period indeed made the difference. Leon Draisaitl and Anton Slepyshev scored on their chances in the middle frame while Patrick Marleau could not; Slepyshev’s 2-0 goal ultimately became the series-clincher.

    Now, that’s not to say that Marleau was a drag on San Jose. If this is it for one of the faces of the franchise, he had a great 2016-17, including generating the Sharks’ final goal of the postseason.

    The Shark Tank was alive after Marleau reduced the Oilers’ lead to 2-1, and more than a few blood pressures rose – both in Edmonton and San Jose – after the Sharks got this close to tying things up.

    Wow.

    With this result, the West is set. The St. Louis Blues will take on the Nashville Predators while the Oilers face the Anaheim Ducks.

    As much as people try to put the training wheels on Connor McDavid & Co., the West is wide-open enough that it’s not so outrageous to imagine a big run for Edmonton.

    Beating the Sharks is a pretty nice way of adding an exclamation point to that statement win. And hey … they beat the Sharks last time around, too.