Detroit Red Wings v Phoenix Coyotes

Potential Coyotes buyer Matthew Hulsizer closer to buying team; NHL Executive Board gives him unanimous approval

With the Board of Governors meetings underway in Palm Beach, Florida one of the biggest topics of discussion is team ownership and potential teams being sold. As expected, the team taking up the spotlight in such talks are the Phoenix Coyotes. The Coyotes are still owned by the 29 other NHL teams but with Chicago financier Matthew Hulsizer stepping into the fray as the savior du jour in Phoenix the mood and opinions surrounding the situation seems to be better, if not totally guarded.

Today, Hulsizer was introduced to the Board of Governors by NHL commissioner Gary Bettman and expressed his thoughts and ideas on what he’ll do if he’s approved to be the next owner of the Coyotes. Just the fact that he’s got an organized plan set in front of him makes the possibility of him becoming the full-time savior of hockey in the desert a glowing prospect. Noted critic of hockey in Arizona, David Shoalts has the update from Florida on how Hulsizer is at least saying things to generate discussion.

“It’s been my experience that if you make a great product, hockey teams have a lot of value,” he said after emerging from a meeting with the NHL governors’ executive committee. “Those things tend to grow over time. I tend to be a longer-term investor. As I look out 25 years, I think people will look back and say, ‘Hey, that might have looked smart.’

“Right now, it’s not going to look smart for a long time, though.”

At the very least it’s a ballsy thing for Hulsizer to admit and refreshingly truthful. Previous attempted buyers of the team were looking at the Coyotes situation and trying to break even financially right away and eventually turning a profit. Guys like Jerry Reinsdorf and Ice Edge Holdings were looking at things as a means to be immediate saviors in Glendale. Going into this purchase with a long term game plan makes more sense because you’re basing things in reality.

Of course, coming out and saying you’re expecting to take a bath financially-speaking can make people nervous, especially the NHL considering how former owner Jerry Moyes attempted to bail out of controlling the team by sidestepping the NHL and selling the team out from under their noses to Blackberry maven Jim Balsillie. At the very least, they can’t accuse Hulsizer of having unrealistic expectations  if he’s thinking that he’ll be losing money for years to come. The NHL Executive Board is convinced that he’s their man as they voted unanimously to approve of him.

Of course, the hangup here is that Hulsizer still needs to be approved by the City of Glendale. The city council is looking to meet on December 14th to discuss Hulsizer and approve him for a new lease on Jobing.com Arena. The NHL set a December 31st deadline for folks in Glendale to get things worked out or else they’ll seek suitors that are willing to move the team out of Arizona, of which we know of the True North group that wants to take the team to Winnipeg. There’s nothing quite like getting things down to the wire in order to spur action.

If Hulsizer isn’t approved for a new lease or things go awry elsewhere, expect the Winter Classic to turn from what should be a media party to celebrate the game into a constant quiz-fest for Gary Bettman to field questions about the Coyotes future. At the very least, he’s used to dealing with those questions by now.

Report: Journeyman Santorelli signs in Swiss League

ANAHEIM, CA - MARCH 02:  Mike Santorelli #25 of the Anaheim Ducks looks on during a game against the Montreal Canadiens at Honda Center on March 2, 2016 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
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Veteran forward Mike Santorelli, who’s appeared in over 400 NHL contests over the last eight years, is headed overseas.

Per multiple reports (see here and here), Santorelli has signed with Geneve-Servette of the Swiss League. The 30-year-old spent last season with the Ducks, scoring nine goals and 18 points in 70 games but didn’t dress for any of the club’s opening-round playoff loss to Nashville.

Santorelli broke into the NHL with Nashville but enjoyed his best years with Florida and Vancouver. He was a former 20-goal scorer with the Panthers and enjoyed a successful stint with his hometown Canucks in ’13-14, scoring 28 points in 49 games before suffering a season-ending shoulder injury.

Santorelli is the second veteran forward to sign in the Swiss League recently. Over the weekend, fellow journeyman Kris Versteeg agreed to join SC Bern.

Jackets sign d-man Harrington, acquired in Rychel trade

TORONTO, ON - NOVEMBER 14:  Scott Harrington #36 of the Toronto Maple Leafs skates against the Vancouver Canucks during an NHL game at the Air Canada Centre on November 14, 2015 in Toronto, Ontario, Canada. The Leafs defeated the Canucks 4-2. (Photo by Claus Andersen/Getty Images)
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Upon trading Kerby Rychel to Toronto at the draft for Scott Harrington, Columbus GM Jarmo Kekalainen said Harrington was “a guy we’ve watched for a while,” and a “steady, smart [and] good defender.”

Which makes today’s move none too surprising.

On Monday, Kekalainen announced Harrington signed a one-year, two-way deal (financial terms weren’t disclosed). The contract comes after Harrington split last season between the Leafs and the AHL Marlies, appearing in 15 NHL contests.

While Kekalainen was high on Harrington, the most noteworthy thing about the acquisition is it ended a long-running saga with Rychel, the 19th overall pick in 2013. There were repeated rumblings that Rychel wanted out of town, and felt stifled by Columbus’ reluctance to make him a full-time NHLer.

For a while, Kekalainen stood firm in the face of the reports, once openly wondering where they came from. But in the end, the decision was made to part ways with the 21-year-old, the son of ex-NHLer Warren Rychel.

As for Harrington, he should compete for a spot on the Columbus blueline next season. Right now he projects to be the No. 7 or 8 guy, assuming that super prospect Zach Werenski is primed for a full-time gig in the NHL, firmly entrenched in the Blue Jackets’ top six.

In other news from Columbus today, the club has also agreed to terms with AHL forward Alex Broadhurst.

One of the pieces acquired in last summer’s Brandon Saad blockbuster, Broadhurst was a key contributor to AHL Lake Erie’s Calder Cup championship this past spring, finishing second on the club in playoff assists.

Leafs avoid arbitration again, sign Corrado to one year, $600K deal

VANCOUVER, BC - FEBRUARY 13: Frank Corrado #20 of the Toronto Maple Leafs shoots the puck in NHL action against the Vancouver Canucks on February, 13, 2016 at Rogers Arena in Vancouver, British Columbia, Canada.  (Photo by Rich Lam/Getty Images)
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Over the weekend, reports suggested that Toronto and RFA blueliner Frank Corrado were close to agreeing to a new contract.

On Monday, the two sides sealed the deal.

The Leafs announced they signed Corrado to a one-year contract, with Sportsnet reporting it to be a $600,00 pact, of the one-way variety.

Corrado, 23, was scheduled to go to arbitration tomorrow. His ask was $900,000, while the Leafs countered with a $625,000 figure on a two-way deal, and $575,000 on a one-way.

So Toronto was nearly spot-on with its valuation.

The former Canucks draftee took a while to make his Leafs debut last season — he sat 28 games after they claimed him off waivers — but when he did get into the lineup, he fared reasonably well. Corrado finished with a goal and six points in 39 games, averaging 14:27 TOI per game.

This marks the second player Toronto avoided going to arbitration with. Prior to signing Corrado, the Leafs inked center Peter Holland to a one-year, $1.3 million deal.

Flyers need Schenn to build on career year

PHILADELPHIA, PA - SEPTEMBER 22:  Brayden Schenn #10 of the Philadelphia Flyers celebrates his goal in the second period against the New York Rangers on April 7, 2015 at the Wells Fargo Center in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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The Philadelphia Flyers are hoping Brayden Schenn hasn’t finished improving. The former fifth overall draft pick signed a four-year, $20.5 million contract today, after posting career highs in goals (26) and assists (33) in 2015-16.

It took a few years for Schenn, 24, to start justifying his draft position. John Tavares, Victor Hedman, Matt Duchene, and Evander Kane were selected with the first four picks that year. Oliver Ekman-Larsson was taken sixth overall.

So there was pressure.

“I think sometimes when you draft a player top five you tend to think he’s going to develop a little quicker than other guys,” Flyers GM Ron Hextall said Monday, per Flyzette. “When you look at Brayden, has he been a fast developer? I would say probably no. Has he been a slow developer? I would say probably no. He’s probably been average.

“The good thing is he’s gotten better every year and he’s a hard worker. He’s starting to figure out the intricacies of the game. He obviously had his best year to this point so hopefully he continues to build on that.”

Hextall reportedly danced around a question about Schenn being part of the “core” group, so there’s still some proving to be done. The Flyers have already committed long-term to forwards Claude Giroux, Jakub Voracek, and Sean Couturier. Wayne Simmonds and Michael Raffl have three years left on their deals, and Dale Weise signed a four-year agreement on July 1.

As for Schenn, he knows he needs to justify the Flyers’ trust in his ongoing development.

“I feel like I keep getting better and better,” he said. “I expect nothing else next year.”