Another Atlanta Thrashers lawsuit: Owners allege that faulty contract blocked sale, team lost $130M since 2005

1 Comment

The Atlanta Thrashers are opening a new chapter on the ice thanks in a large part to the changes made by general manager Rick Dudley, but they still face some problems off the ice.

That’s evident in a new lawsuit filed by the Atlanta Spirit, an ownership group behind the Thrashers as well as the NBA’s Atlanta Hawks (although the Hawks aren’t mentioned in the new suit). The Atlanta Spirit filed a $200 million malpractice suit against law firm King & Spalding today, arguing that a “fatally flawed” contract made it impossible for the group to sell the Thrashers in 2005. In that time, they claim that the team accrued loses of more than $130 million, according to Kristi Swartz of the Atlanta Journal-Constitution.

They claim that the franchise’s value has dropped $50 million since ’05, when the Spirit convinced partner Steve Belkin to sell his 30 percent stake in the team.

It seemed like the franchise and ownership group might turn the page when a lengthy lawsuit between the Spirit and Belkin was finally settled, but that apparently isn’t the case. We’re far from legal experts here at PHT, but we’ll pass along updates when some of the bigger news drops, especially if this means that the blossoming young team ends up with new owners.

After all, everyone might want to cleanse their palate after some painfully expensive years.

Video: Evgeni Malkin leaves Oilers spinning

Leave a comment

Yes, there’s a lot of drama surrounding the Pittsburgh Penguins, whether it’s founded on serious problems or merely speculation.

It’s easy to get swept up in all of that and ignore the fact that, hey, they still have Evgeni Malkin and Sidney Crosby. Those two can really heal wounds with their on-ice play, and in Saturday’s case, Malkin is taking over against the Edmonton Oilers.

His spin-o-rama goal above was a real jaw-dropper. He also scored Pittsburgh’s second tally:

These highlights feel like Malkin’s way of saying “It’s going to be just fine.”

Lightning’s first fight this season: Ryan Callahan vs. Kyle Okposo

Leave a comment

Fighting is down more or less across the board in the NHL, but the Tampa Bay Lightning might be the franchise least interested in dropping the gloves.

Ryan Callahan vs. Kyle Okposo already has some name recognition to it, yet it gets some bonus points for being the Bolts’ first fighting major of 2015-16.

It … probably loses those bonus points in being run-of-the-mill.

Hey, be fair; the Lightning are clearly out of practice.

Oilers GM doesn’t want to force a trade for the sake of a trade

Peter Chiarelli

It must be a helpless feeling to sit idly by while your team continues to flail, but such emotions are what opposing GMs love to prey on.

Edmonton Oilers GM Peter Chiarelli hasn’t been around through much of the suffering for this hapless franchise, yet that doesn’t mean he’s immune to the calls for improvement. To his credit, he’s not buckling under that pressure.

You can see and hear his full comments below:

If you don’t feel like playing the video, the message is simple enough.

Chiarelli isn’t happy with Edmonton’s record – he hasn’t “seen progression” in ways that he was expecting, but again … he doesn’t want to force moves.

Long story short, he can “sleep at night,” even if he’s disappointed.

Is he right to take a relaxed approach, though? Maybe it’s time to blow up a part of what isn’t working? Have some fun armchair GM’ing on this one.

Slump busters: Simmonds, Couturier end long scoring droughts in win over Rangers


It’s been a good few days to be a fan of the Philadelphia Flyers, as their team delivered not once, but twice during Thanksgiving weekend.

The Flyers picked up a 3-2 OT win over the Predators on Friday before shutting out the New York Rangers, 3-0, on Saturday.

It was a good afternoon for three players in particular.

Both Wayne Simmonds and Sean Couturier ended long scoring slumps.

Simmonds’ two goals were his first in seven games, while Couturier scored for the first time in his last 13 contests.

Goaltender Steve Mason also had a solid outing against the Rangers.

The 27-year-old turned aside all 24 shots he faced including this great save on Dominic Moore:

The Flyers lost defenseman Nick Schultz to an upper-body injury in the first period after he took a big hit from Dylan McIlrath.

Luke Schenn defended his fallen teammate by dropping the gloves with McIlrath, which didn’t go unnoticed by his teammates.

The Rangers are now on a season-high three-game losing streak. Their lack of effort has to be concerning for their head coach Alain Vigneault.

The Flyers outshot the Rangers 30-14 over the final 40 minutes.