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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.

It’s Toronto Maple Leafs day at PHT

BUFFALO, NY - JUNE 24:  Auston Matthews poses for a portrait after being selected first overall by the Toronto Maple Leafs in round one during the 2016 NHL Draft on June 24, 2016 in Buffalo, New York.  (Photo by Jeffrey T. Barnes/Getty Images)
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In a lot of ways, the 2015-16 season represented more of the same for the Toronto Maple Leafs.

The results were nearly identical to 2014-15, right down to finishing in the basement of the East (69 points last season, 68 the one the year before).

Indeed, Brendan Shanahan is probably correct in saying that the Maple Leafs earned the No. 1 pick “the hard way,” or at least “earned” the higher draft lottery odds that helped them land Auston Matthews.

The big question, really, is how long will fans be patient with the Maple Leafs taking baby steps in the right direction?

Off-season

Naturally, the team tried to make more a leap forward in seeking Steven Stamkos and, to a less dramatic extent, Jimmy Vesey.

They fell short in those regards, but that doesn’t mean that management merely idled while hoping for improvements from in-house development.

The Maple Leafs made bold changes in net, ending the Jonathan Bernier era while betting big on Frederik Andersen and also bringing in a promising backup in Jhonas Enroth.

Beyond those big moves in net, the Maple Leafs made some minor adjustments. They handed surprising money and term to Matt Martin while taking short-term fliers on veterans Milan Michalek and Roman Polak.

On paper, this team still looks quite a few steps away from being a playoff contender, but perhaps we’ll start to see things come together?

A lot of that rides on the work of Matthews, Morgan Rielly and other young players (William Nylander, Mitch Marner) who may or may not make a lasting impact on the regular season roster.

Will the rebuilding plan start to pay dividends? PHT explores the iconic franchise on Tuesday.

Keep your head up: Hurricanes reportedly hand Raffi Torres a PTO

VANCOUVER, CANADA - MAY 3:  Raffi Torres #13 of the San Jose Sharks celebrates after scoring the game-winning goal against the Vancouver Canucks for a 3-2 victory in overtime in Game Two of the Western Conference Quarterfinals of the 2013 NHL Stanley Cup Playoffs, May 03, 2013 at Rogers Arena in Vancouver, British Columbia, Canada.  (Photo by Rich Lam/Getty Images)
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From opting against fighting the NHL’s 41-game suspension to seeing his season derailed by knee issues, there was the feeling that the league had seen the last of controversial forward Raffi Torres.

Perhaps not.

The Carolina Hurricanes reportedly handed the 34-year-old a PTO, according to former Hurricanes defenseman Aaron Ward.

It’s something the Raleigh News & Observer’s Chip Alexander also mentioned on Monday.

With Bryan Bickell added to the mix during this off-season, the Hurricanes seem interesting in adding some beef. It’s unclear if Torres is really in the sort of condition to make a mark, but Carolina’s going to at least take a look at him.

Beware, pre-season opponents and training camp teammates.

Capitals bump Todd Reirden up to associate coach

PITTSBURGH, PA - MAY 10:  Assistant coach Todd Reirden of the Washington Capitals talks to the power play unit during a time-out against the Pittsburgh Penguins in Game Six of the Eastern Conference Second Round during the 2016 NHL Stanley Cup Playoffs at Consol Energy Center on May 10, 2016 in Pittsburgh, Pennsylvania.  (Photo by Justin K. Aller/Getty Images)
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The Washington Capitals announced that Todd Reirden (pictured) was promoted from assistant to associate coach on Monday.

What does that mean, exactly? Well, most directly, the team shared word that he’ll run Capitals training camp while Barry Trotz works with Team Canada at the 2016 World Cup of Hockey.

Giving Reirden a promotion makes sense, as he’s been linked to some head coaching searches. The Washington Post compiled some of his opportunities:

In the past two years, Reirden has been a serious candidate for two NHL head-coaching gigs. According to the Calgary Sun, Reirden was a finalist to coach the Flames before they settled on Glen Gulutzan, and he was considered for the New Jersey Devils’ vacancy last summer, too. Lane Lambert, another Capitals assistant, was a finalist for the Colorado Avalanche head-coaching job earlier this month, according to the Denver Post.

The Capitals have a pretty well-regarded coaching group, as many credit goaltending coach Mitch Korn with some of Braden Holtby‘s improvement since Trotz took over.

Maybe we’ll see Reirden and Lambert get head coaching gigs at some point, but for now, Trotz’s “coaching tree” stays intact.

Penguins believe Kessel, others can heal up by start of next season

SAN JOSE, CA - JUNE 12:  Phil Kessel #81 of the Pittsburgh Penguins celebrates with the Stanley Cup after their 3-1 victory to win the Stanley Cup against the San Jose Sharks in Game Six of the 2016 NHL Stanley Cup Final at SAP Center on June 12, 2016 in San Jose, California.  (Photo by Bruce Bennett/Getty Images)
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Going deep enough into the playoffs to win the Stanley Cup often comes with the cost of stacking up injuries, and the Pittsburgh Penguins paid the price.

As the Pittsburgh Tribune-Review and others report, Phil Kessel (wrist) and others aren’t guaranteed to be healthy to start the 2016-17 regular season.

“All the injured guys are tracking in the right direction,” GM Jim Rutherford said. “Until they all get here, we won’t know 100 percent where they’re at, but it sounds like all the guys should be ready for camp.”

The Pittsburgh Tribune-Review runs down a significant list of players who likely accrued bumps and bruises that may carry over:

Defenseman Trevor Daley, for instance, suffered a broken ankle on May 20. Kris Letang (foot), Nick Bonino (elbow infection), Bryan Rust (hand), Patric Hornqvist (hand) and Evgeni Malkin (elbow), among others, dealt with physical problems of varying severity at times.

If recent history is any indication, Kessel will probably fight hard not to miss time.

For all the weird criticisms he receives, he’s been remarkably durable, playing in every game during the past six seasons.

That’s impressive stuff, but the Penguins would be wise to keep an eye on the big picture. If it comes down to making Kessel and others swallow a little pride to limit the odds of aggravating injuries, they need to do it.

Even if it means a bumpy start to their title defense.