Phoenix Coyotes sale remains messy, might affect Atlanta Thrashers’ future as well

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There are two nagging storylines for the NHL right now: the ownership headaches that exist in non-traditional markets and the growing issue of concussions.

The worst example of the former issue must be that of the Phoenix Coyotes, a franchise whose future has been in an expensive holding pattern for nearly two full seasons.

ESPN’s Scott Burnside covered some of the ins-and-outs in the latest update on the situation, which revolves around the fact that the City of Glendale hasn’t been able to sell public bonds that were crucial for Matt Hulsizer to become the new owner. Honestly, the situation is a big mess, as the city is worried about a lawsuit that might come from the sale of bonds while the NHL admits that the franchise will miss yet another deadline to get the sale done.

We won’t bombard you with the murky details, but the point is that the sale (or lack thereof) could create a domino effect with the other teams in the league facing the possibility of relocation. Burnside explains that if the Coyotes move to Winnipeg, that could cause problems for the Atlanta Thrashers, a franchise trying to deal with the possibly equal ownership mess that is the Atlanta Spirit. He points out that if Atlanta is forced to move and the Coyotes already take up shop in Winnipeg, the Thrashers will need to consult another popular relocation destination such as Quebec City or Kansas City.

(Note: this isn’t to say that the Coyotes or Thrashers are guaranteed to move by any means, but it’s illogical to ignore the possibilities.)

So long story short, the Coyotes sale is still a dispiriting mess for the league.

But beyond the big picture talk of the team’s (and other teams’) long-term future, there’s also the subject of Monday’s trade deadline. Even after a tough loss to the Columbus Blue Jackets, the Coyotes are still ranked fifth in the Western Conference. Instead of echoing the Buffalo Sabres’ timely completed sale to Terry Pegula, the inability to transition the team into Hulsizer’s hands means that Phoenix will be extremely limited during the February 28th feeding frenzy.

Even if the deal does close with Hulsizer, one cannot help but bemoan yet another opportunity squandered by local politicians who seem to stagger from one crisis to the next vis a vis the Coyotes’ situation.

By failing to complete the bond sale and thus see a smooth transfer of ownership by this weekend, the team missed an opportunity for Hulsizer to commit more money to the team’s budget and allow GM Don Maloney to add players by the 3 p.m. EST trade deadline Monday.

That will not happen.

Now Maloney will be hamstrung by his league-imposed budget and would essentially be able to add salary only if he is able to shed the same amount of salary.

Ouch. Burnside points out that if the team is sold to Hulsizer, one of the new owner’s chief goals would be to repair the Yotes’ relationship with its market in Arizona. Considering how much the team benefited from acquiring Wojtek Wolski and Lee Stempniak last season, it’s hard to argue with the point that making deadline deals could have allowed the team to at least improve their odds of a deep playoff run while pleasing hardcore fans in the process.

Instead, Maloney must sit on the sidelines … much like his potential new owner, the city of Winnipeg and the Thrashers franchise to boot.

Lightning re-sign journeyman forward Conacher

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Cory Conacher has turned an impressive Calder Cup Playoffs run into a two-year contract with the Tampa Bay Lightning.

Per the club, it’s a one-way deal in the first season and a two-way deal in the second, paying $650,000 annually at the NHL level.

Conacher, 27, had 12 goals and 16 assists in 22 playoff games as the Syracuse Crunch made it all the way to the 2017 Calder Cup Final.

The undrafted and undersized forward was also productive during the regular season, racking up 60 points (17G, 43A) in 56 games for the Crunch and four points (1G, 3A) in 11 games for the Lightning.

Conacher has been quite the traveler in recent years, making numerous stops in both NHL and AHL markets. He spent the 2015-16 season in Switzerland, before returning to North America to sign with the Bolts last summer.

Sens keep Condon with three-year, $7.2 million extension

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Ottawa was thrilled with the way Mike Condon played last year.

And so, they’ve rewarded him.

Condon has signed a three-year, $7.2 million extension, the club announced on Monday. It carries a $2.4 million average annual cap hit, and makes him the only Sens goalie under contract beyond next season. Both Craig Anderson and Andrew Hammond are UFAs in 2018.

Condon, 27, found stability in Ottawa after a whirlwind start to the year. He was waived by Montreal out of training camp and picked up by Pittsburgh, but only saw 20 minutes of action before the Sens acquired him.

His acquisition was necessary after news broke that Anderson’s wife, Nicholle, had been diagnosed with cancer. And as Anderson took leaves from the team to be with his wife, Condon got plenty of opportunities to play, and found his groove.

His first season in Ottawa featured several team records, including playing in a franchise-best 27 consecutive games between Dec. 1, 2016, and Feb. 4, 2017. He became the fastest goaltender in franchise history to record five shutouts, when he did so in his 32nd game on Feb. 16 versus the New Jersey Devils.

That performance led some to speculate Condon would test the market this summer, possibly for a No. 1 gig somewhere — or, the opportunity to compete for one.

That said, he and the Sens had started extension talks all the way back in February, suggesting both parties wanted to continue working together.

This means that another potential UFA goalie is now off the market. With reports that Ryan Miller is on his way to Anaheim, the pool of available guys is now led by Brian Elliott, Steve Mason, Jonathan Bernier, Chad Johnson, Anders Nilsson, Darcy Kuemper and Ondrej Pavelec.

Rangers reportedly on verge of re-signing Brendan Smith

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The New York Rangers are “close to finalizing” a contract extension with defenseman Brendan Smith, according to TSN’s Bob McKenzie.

The deal is expected to be four years long with a cap hit of $4.35 million.

Smith, 28, was traded from Detroit on Feb. 28, and the Rangers clearly liked what they saw.

In the playoffs, Smith played all 12 games, averaging 19:41 of ice time while adding four assists and finishing a team-high plus-8.

It remains to be seen if signing Smith makes it less likely that the Rangers pursue Kevin Shattenkirk in free agency.

Don’t forget the Blueshirts got Anthony DeAngelo in the Derek Stepan trade, and DeAngelo’s game is quite similar to Shattenkirk’s — albeit far less proven at the NHL level.

Related: Smith, Rangers still talking

Report: Kings land Sabres goalie prospect Petersen

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Sounds like Cal Petersen is headed to Los Angeles.

Per LA Kings Insider, Petersen — the star Notre Dame goalie taken by Buffalo at the 2013 draft — has decided to sign with the Kings when he becomes an unrestricted free agent on Aug. 16.

The decision comes just days after Petersen told the Sabres he wouldn’t be signing with them.

“I’ve spoken to Cal. At this time I think he’s going to probably move to free agency and we’ll go from there,” GM Jason Botterill said, per the Buffalo News. “Disappointed, but we’ll move on.”

Petersen, 22, is coming off a great junior year for the Fighting Irish. He went 23-12-5 with a .926 save percentage and 2.22 GAA, helping the club advance to the Frozen Four. Petersen was also named a finalist for this year’s Mike Richter Award, given annually to college hockey’s top goalie.

In April, he was named to the U.S. team at the World Hockey Championships in France and Germany. He was one of three goalies on the squad — along with Connor Hellebuyck and Jimmy Howard — but didn’t appear in any games.

In late May, Petersen announced he was forgoing his senior year at Notre Dame to turn pro, but declined to say which club he would be signing with. Buffalo’s rights to Petersen expire on Aug. 15.

With the Kings, Petersen finds himself in a good situation. Jonathan Quick is entrenched as the No. 1, but turns 32 next season and missed most of last year with a groin injury. The backup battle will be between 30-year-old Jeff Zatkoff and 25-year-old Jack Campbell.

Organizationally, the club doesn’t have a ton of depth. L.A. cut ties with Czech goalie Patrik Bartosak following his assault charges in a domestic violence case in 2015. Jack Flinn, 21, saw a bit of time with AHL Ontario last year, and the club has used draft picks on the likes of Alec Dillon and Matthew Villalta.