It’s unclear if the NHL’s patience for the Phoenix Coyotes will remain as constant – and stubborn – as it has been so far, but potential owner Matt Hulsizer might just need to look elsewhere soon.
In fact, one report by Mike Sunnucks of the Phoenix Business Journal indicates that it could be a matter of days before the clock strikes midnight on the deal Hulsizer agreed upon (in principle) with the City of Glendale. If you haven’t been keeping up with the news much lately, the biggest issue (lately at least) has been the possibility that the Goldwater Institute might sue the city as it tries to sell millions worth of bonds to help make the deal go through.
Keep in mind that this is speculation rather than facts – and it’s coming from a biased party in Hulsizer – but the deal would be even bigger trouble if interest rates on the bonds drive the price higher. Here’s the lowdown from Sunnucks.
Now, the bond sale faces questions about higher interest rates that could cost Glendale as much as $100 million in extra interest over 30 years, according to Hulsizer in an interview with Fox Sports Arizona this weekend.
That’s because the Goldwater Institute’s threat of a lawsuit challenging the legality of the $197 million proposal is driving up the risk and interest rates on the bonds.
That leaves Hulsizer, the NHL, Glendale and bond investors having to decide whether they will bite the bullet and take out or buy bonds with higher interest rates. There’s also the question of whether investors will purchase the bonds with the Goldwater suit lingering over hockey in the desert.
Hulsizer said Monday he just wants Goldwater to decide on whether to sue, and not leave the deal hanging in the balance.
Sunnucks writes that if the deal falls through, the league is likely to go to Plan B: selling the team to a Winnipeg ownership group. On the flip side, Hulsizer might also look into buying a different fledgling NHL franchise, such as the Dallas Stars or Atlanta Thrashers.
Obviously, this situation is far from settled, but you have to wonder how the Coyotes are going to stay in Phoenix after this season. We’ll keep you updated as details emerge.
Saturday was a great day for fans of brevity and revenge.
Three of a possible three series ended on this day, with the Rangers dispatching the Canadiens, the Blues eliminating the “better” Wild, and the Oilers knocking off the Sharks in six.
The Rangers await either the Bruins or Senators and the Penguins face the winner of the Leafs – Capitals series out East, but we now know how the West shakes out.
St. Louis Blues vs. Nashville Predators
Both teams provided some of the upsets of this young postseason. Each features a red-hot goalie in Jake Allen and Pekka Rinne. Interesting.
Anaheim Ducks vs. Edmonton Oilers
There will be a lot of orange. We may also see a ton of goals with Ryan Getzlaf on fire, Oscar Klefbom headlining the list of unhealthy players and Connor McDavid possibly able to really take off against a Ducks defense that is beat up in its own right.
It’s already been a strange season out West, with the Kings missing the playoffs and first-round exits for the Sharks and Blackhawks. Get ready – and giddy – for things to get even weirder as the postseason goes along.
After making the playoffs for the first time since 2006, the Edmonton Oilers weren’t just “happy to be there.” They confirmed as much by eliminating the San Jose Sharks with a 3-1 victory in Game 6, winning the series 4-2.
Yes, those young Oilers just eliminated the team that represented the West in the 2016 Stanley Cup Final. Wow.
Ultimately, winning the breakaway battle in the second period indeed made the difference. Leon Draisaitl and Anton Slepyshev scored on their chances in the middle frame while Patrick Marleau could not; Slepyshev’s 2-0 goal ultimately became the series-clincher.
Now, that’s not to say that Marleau was a drag on San Jose. If this is it for one of the faces of the franchise, he had a great 2016-17, including generating the Sharks’ final goal of the postseason.
The Shark Tank was alive after Marleau reduced the Oilers’ lead to 2-1, and more than a few blood pressures rose – both in Edmonton and San Jose – after the Sharks got this close to tying things up.
With this result, the West is set. The St. Louis Blues will take on the Nashville Predators while the Oilers face the Anaheim Ducks.
As much as people try to put the training wheels on Connor McDavid & Co., the West is wide-open enough that it’s not so outrageous to imagine a big run for Edmonton.
Beating the Sharks is a pretty nice way of adding an exclamation point to that statement win. And hey … they beat the Sharks last time around, too.
Much like the Minnesota Wild earlier on Saturday, the Montreal Canadiens are stunned to approach the golf courses so rapidly.
Many of the responses after the New York Rangers eliminated them in Game 6 sound a lot like what the Wild uttered, though there’s no potential bulletin board material like Bruce Boudreau’s line about the better team failing to win four games.
Max Pacioretty viewed this early exit as a “missed opportunity” and never really believed that an elimination was coming.
Claude Julien provided parallel comments to Bruce Boudreau, believing that Montreal generated chances but lacked “finish.”
Brendan Gallagher? He worries that this might have been the Canadiens’ best chance, something the Wild must also worry about with a difficult offseason ahead.
Now, it’s likely that most teams speak about being shocked and expecting better after being booted from the postseason.
Still, these reactions do shine a light on the staggering nature of some of these exits. Will the likes of the Blackhawks, Canadiens and Wild struggle to be in such prime positions in the future? With the Sharks needing a comeback against the Oilers, could the trend continue on Saturday?
The bottom line is that, instead of preparing for a Game 7 after winning the Atlantic Division, the Canadiens are packing up their stuff and worrying about re-signing Carey Price. That’s a pretty stunning turnaround, regardless of the soundbytes available.
Some playoff games or even series come down to something as stupidly simple as one team taking advantage of their opportunities while the other fails to capitalize on chances.
If Game 6 of the Oilers – Sharks series follows the story of the second period, then San Jose may join Saturday’s stream of eliminated teams.
It’s not fair to boil it down to three breakaways, but some might feel that way.
Leon Draisaitl looked like a gritty, strong veteran during his first career playoff goal, bulling his way to the net for 1-0 breakaway tally. About a minute later, Anton Slepyshev was even more alone against Martin Jones, and he scored his first postseason goal to make it 2-0.
That stings for the Sharks, and it doesn’t help that they had a similar chance not long after. This time around, Patrick Marleau couldn’t beat Cam Talbot, so it remained 2-0 for Edmonton.
That’s the same score as the game enters the third period, even with some dangerous late chances for the Sharks.
If the Sharks don’t score at least two goals in the third, their push to return to the Stanley Cup Final could end in the first round.