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Convenient timing? A buyer for Dallas Stars emerges after not dealing Brad Richards

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Yesterday the Dallas Stars stood pat and opted to not trade their top centerman Brad Richards. The commitment to Richards was stunning considering that Richards is an unrestricted free agent at the end of the season and with Dallas’ ownership being in a league-watched bungle, their ability to offer him a long term, financially lucrative deal is severely hampered.

A funny thing happened on the way toward the playoffs for the Stars today, though, as a report emerged from Ken Campbell of The Hockey News saying that a new name has emerged from the darkness to express interest in buying the Stars. Owner of the Central Hockey League’s Allen Americans, Douglas Miller, is reportedly interested in buying the Stars and may have an offer on the table for the team already.

…Miller’s offer is believed to be for about $110 million cash, but it would likely be publicly announced as somewhere in the $225 million range. That’s because in addition to the purchase price, Miller would assume about $20 million in existing debt, most of which is owed to the NHL for the advancement of television and revenue sharing money to help keep the Stars afloat. Also built into the purchase price would be four years of losses estimated at about $25 million per year.

According to a source with knowledge of such matters, the Stars have lost between $26 million and $28 million over the past 12 months. NHL commissioner Gary Bettman insisted at his All-Star Game news conference in January that the league is not funding the Stars, but multiple sources have confirmed the Stars have been using advances on television and revenue sharing money and have required more than one advance to continue to pay the bills as a new owner is sought to replace Tom Hicks.

With that sort of investment into the team, it would go a long way into curing the ills of the Stars and the ultimate failings of Tom Hicks. If it’s something that could be completed by July 1, it’s also the kind of financial dedication that could help keep Brad Richards in Dallas.

As with all things Dallas, there’s the specter of having Mavericks owner Mark Cuban having interest, something to which Campbell’s piece hits on. Cuban’s had interest in the past of buying the Pittsburgh Penguins, an ovation that Cuban had as part of a group with Dan Marino and other Pittsburgh-based investors. That interest didn’t pan out and Cuban went back to hanging on to the Mavericks and getting half the revenues from playing at American Airlines Arena in Dallas.

The one lure to owning the Stars for Cuban would mean that he’d control all sports revenue that went through the arena if he owned the Stars as well. Of course, with the NHL being a big of a bear to make it work financially for some owners, Cuban’s been reticent to get involved in NHL wrangling.

As always with these reports, they come shrouded in mystery and questions about the validity of everything involved. For now though, Dallas Stars fans have a reason to be hopeful that they’ll get new ownership soon and a reason to think that Joe Nieuwendyk didn’t make a mistake by not trading Brad Richards.

Report: Bruins’ Khokhlachev to sign in KHL

Montreal Canadiens v Boston Bruins
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Alexander Khokhlachev’s time with the Boston Bruins is up, according to a report out of Russia that has the 22-year-old forward signing with SKA Saint Petersburg of the KHL.

The deal reportedly won’t be announced until after June 30; Khokhlachev is under contract with the B’s until then. But the fact he’s apparently decided to depart for the KHL should come as no surprise.

A second-round draft pick in 2011, Khokhlachev has spent the last three seasons piling up points in the AHL; however, he’s only appeared in nine NHL games.

Earlier this month, his agent told CBS Boston, “Alexander did not really get a chance for all the years that he signed a deal, for four years, the deals he signed with Boston, didn’t really get a chance to play in the National Hockey League, so he won’t stay in the organization.”

SKA acquired Khokhlachev’s KHL rights last summer.

Related: Khokhlachev just wants a chance

Jackets not expected to sign Quebec league prospect Pelletier

PHILADELPHIA, PA - JUNE 28:  Julien Pelletier meets his team after being drafted #107 by the Columbus Blue Jackets on Day Two of the 2014 NHL Draft at the Wells Fargo Center on June 28, 2014 in Philadelphia, Pennsylvania.  (Photo by Bruce Bennett/Getty Images)
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Julien Pelletier, the QMJHL Sherbrooke forward taken in the fourth round of the ’14 draft, is unlikely to receive an entry-level contract from the Blue Jackets, per the Columbus Dispatch.

The move would mean Pelletier could re-enter this year’s draft. The Blue Jackets have until Wednesday to decide if they want to sign him, or trade his rights to another team.

Taken five spots ahead of Viktor Arvidsson — who’s become a nice young player for Nashville — Pelletier had a solid season in Sherbrooke, finishing second on the team in goals (with 27).

This year, he was in training camp with the Jackets but sent home early.

Per the Dispatch, the Jackets are also unlikely to sign another ’14 draftee — Olivier Leblanc, who was taken in the seventh round.

‘Invigorated’ Hitch signs for one final year in St. Louis

SAN JOSE, CA - MAY 21:  Ken Hitchcock of the St. Louis Blues walks on the ice in game four of the Western Conference Finals against the San Jose Sharks during the 2016 NHL Stanley Cup Playoffs at SAP Center on May 21, 2016 in San Jose, California.  (Photo by Christian Petersen/Getty Images)
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Ken Hitchcock is taking one last shot at winning a Stanley Cup with the St. Louis Blues.

The club announced today a one-year contract extension for the 64-year-old head coach. Hitchcock then confirmed during a press conference that 2016-17 will be his final year. He plans to retire from coaching once it’s over.

“I just feel like I’ve got this really good year in me,” Hitchcock said. “This season has invigorated me like no season before.”

The Blues, of course, made it all the way to the Western Conference Final this year. The previous four postseasons under Hitchcock, they made it to the second round once, then lost three straight times in the first round.

“This group of players, their dynamic has changed, and it’s really exciting right now,” he said.

There will be at least one change to the coaching staff. GM Doug Armstrong said today that associate coach Brad Shaw will not be back. The rest of the staff has been offered one-year extensions to match Hitchcock’s.

Now that the decision has been made on the head coach, Armstrong can turn his full attention to the roster. Getting Jaden Schwartz, a pending restricted free agent, signed to a long-term deal will be his initial focus.

As for the captain, pending unrestricted free agent David Backes, there’s interest in bringing him back, but the numbers have to make sense. Forwards Troy Brouwer, Steve Ott, Kyle Brodziak and Scottie Upshall are also UFAs.

On the back end, Kevin Shattenkirk is probably the biggest wild card. He can become unrestricted next summer, and there has been speculation he could be traded this summer. But as of right now, Armstrong expects him to be back.

Armstrong also said there’s a chance Vladimir Sobotka could return to the Blues next season. Sobotka has spent the last two years in the KHL.

However the roster looks next season, it will be interesting to see what Hitchcock can get out of it. The Blues got over a big hump in 2016, but they only got halfway to winning it all.

One thing’s for sure, though, and that’s this:

Related: Parayko’s ‘memorable’ season has extended into the playoffs

NHL explains no suspension for Marleau, says he didn’t ‘pick’ Rust’s head

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PITTSBURGH — Shortly after reports surfaced that San Jose’s Patrick Marleau wouldn’t face supplemental discipline for his hit on Pittsburgh’s Bryan Rust in Game 1 of the Stanley Cup Final, the NHL’s Department of Player Safety issued a series of tweets explaining their decision.

Following last night’s game, Marleau said he didn’t think he’d be suspended for the hit, explaining that he “kind of let [Rust] skate into me.”

“I just tried to keep everything down,” Marleau added. “I didn’t want to get too high on him.”

Marleau’s assessment was in direct contrast with Pittsburgh head coach Mike Sullivan.

“It’s a blindside hit to the head,” he said. “[Marleau] gets a penalty and I’m sure the league will look at it.”

As for Rust, Sullivan listed him as day-to-day with an upper-body injury following the contest. The hit knocked Rust out of last night’s game, and the Penguins haven’t began their off-day practice yet.

More to follow…