Another layer of madness added to Coyotes sale: Glendale might sue Goldwater Institute

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It doesn’t take an expert to figure out that the Phoenix Coyotes sale/conundrum is pretty much a disaster right now.

In case you haven’t been keeping tabs on the situation, the latest bump in a pothole-filled road of problems is that the City of Glendale hasn’t been able to sell the $100 million in public bonds that were crucial to generating the revenue to bring potential new owner Matt Hulsizer on board. The matter isn’t as simple as supply and demand, though, as the city is worried that a watchdog group known as the Goldwater Institute might sue Glendale for complicated dollar-and-cents/legal issues.

(I’m far from a legal expert, but from what I’ve read, the Goldwater Institute’s case is actually pretty reasonable. Especially since the city of Glendale hopes to help pay back the $100 million partly based on proceeds from parking lots around Jobing.com Arena, not exactly a hot ticket considering tepid fan response in the market. Let’s move on past these subjective – and complicated – matters, though.)

In a previous post, we pointed out that Hulsizer stated that he just wants the Goldwater Institute to make a decision whether or not to sue, indicating that maybe the group is dragging the matter out. Well, the City of Glendale might want a little more from that group. In fact, they might want “hundreds of millions of dollars in damages” according to ESPN’s Scott Burnside.

It would be wrong to call it a counter-suit since the Goldwater Institute hasn’t actually filed a lawsuit against the City of Glendale yet – and it’s important to remember this is a rumor anyway – but it would be a lot like a counter-suit in the grand scheme of things. Here’s an excerpt from Burnside’s report.

The lawsuit is expected to allege the Goldwater Institute was guilty of a legal form of interference when the institute reached out to potential buyers of municipal bonds, the sale of which are crucial to the City of Glendale’s new lease agreement with Chicago businessman Matthew Hulsizer, and warned them off purchasing the bonds.

(snip)

The league has had the option of relocating the team since the end of December but the emergence of Hulsizer looked like the team’s future in Arizona was going to be assured. But Goldwater’s threat to sue the municipality over the proposed deal has stalled the sale of the municipal bonds and thrown the team’s future into uncertainty.

A source familiar with the planned lawsuit said the city will name not just the institute itself but individual directors and will ask for “hundreds of millions” of dollars in damages.

It’s believed the city will also ask for a judgment that the lease agreement doesn’t contravene state law.

On the bright side for those of you who passed the point of exhaustion regarding this story, Burnside indicates that the league is finally fed up with the situation and wants a resolution within days. Of course, anyone who has been following the Coyotes non-sale for the last few years is probably used to all the false-starts and moments of apparent doom and hope. Deadlines have become something of a running joke during this sad little saga, so take the premise of a resolution with an admittedly appealing grain of salt.

As frustrating and perplexing as the situation might be, we will do our best to provide updates (and hopefully clarity) regarding the team’s future. Stay tuned.

Paul Carey replaces Brett Connolly for Capitals in Game 2

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After dropping Game 1 of their second-round playoff series against the Pittsburgh Penguins on Thursday night, the Washington Capitals are making a minor lineup change on Saturday for Game 2 of the series when Paul Carey replaces Brett Connolly on the team’s fourth line.

Carey, 28, appeared in only six games for the Capitals this season and did not record a point. He has one goal and one assist in 32 career NHL games with the Colorado Avalanche and Capitals, and appeared in three playoff games for the Avalanche back in 2014.

Given how Connolly’s ice time has been decreasing over the past few games this postseason it probably should not be too much of a surprise that he is now being removed from the lineup. After logging at least 10 minutes of ice time in each of the Capitals’ first three playoff games, he has not played more than 6:12 in each of the past four.

Coach Barry Trotz said on Saturday that he likes Carey’s speed in the lineup against the faster Penguins.

Connolly scored 15 goals in 66 regular season games for the Capitals this season.

In other Capitals lineup news, there is no change in the status of defenseman Karl Alzner as he will remain out of the lineup. He has been sidelined since Game 3 of their first-round series against the Toronto Maple Leafs with an upper-body injury. Nate Schmidt will continue to take his place.

Scott Darling trade ‘worth the risk’ for Hurricanes

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The Carolina Hurricanes made a somewhat surprising move on Friday night when they acquired goaltender Scott Darling from the Chicago Blackhawks in exchange for a third-round draft pick in 2017.

On the surface it looks like a good move for both the team and the player. Goaltending has been a major thorn in the Hurricanes’ side for several years now, while Darling has probably earned the opportunity to be a No. 1 goalie in the NHL after performing extremely well as Corey Crawford‘s backup in Chicago.

The risk for the Hurricanes is that Darling will be an unrestricted free agent on July 1, and they will have to get him signed to a new contract before then to avoid potentially losing him (and the third-round pick they sent to Chicago) for nothing.

Shortly after the trade on Friday, Hurricanes general manager Ron Francis said all of that was worth the risk because the team has accumulated so many draft picks in this year’s class.

“This is a bit of a gamble but one we believed was worth taking,” Francis told Chip Alexander of the News & Observer. “This is why we accumulated these picks and we still have 10 left. It was worth the risk.”

He added that they would “like to get something done sooner rather than later.”

The duo of Cam Ward and Eddie Lack finished the 2016-17 season with a .901 save percentage, 26th in the NHL. The Hurricanes have finished higher than 25th just once in the past five years. The Hurricanes have solid young core of talent in place and a defense that allowed the fifth fewest shots on goal in the entire league this season. Solidifying the goaltending position would go a long way toward ending the team’s current eight year playoff drought.

 

2017 Stanley Cup Playoffs schedule for Saturday, April 29

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The second round of the 2017 Stanley Cup playoff continues on Saturday with a pair of games on NBC.

All of the action starts at 3 p.m. ET when the New York Rangers try to even their series against the Ottawa Senators. Later, the Pittsburgh Penguins look to take a 2-0 series lead against the Washington Capitals at 8 p.m. ET.

Here is all of the information you need for today’s games.

New York Rangers vs. Ottawa Senators

Time: 3:00 p.m. ET

Network: NBC (Stream Online Here)

Announcers: John Forslund, Brian Boucher

Pittsburgh Penguins vs. Washington Capitals

Time: 8:00 p.m. ET

Network: NBC (Stream Online Here)

Announcers: Mike Emrick, Ed Olczyk, Pierre McGuire

Talbot torments Ducks as Oilers take 2-0 series lead

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Those who vehemently argued for Cam Talbot being a Vezina finalist likely felt vindicated tonight (even if postseason results don’t factor into the voting).

In Game 1, Leon Draisaitl stole the show. Talbot was the standout of Game 2, snubbing a steady Ducks threat as Edmonton won 2-1 on Friday.

And, just like that, the Oilers are up 2-0 in their second-round series against the Anaheim Ducks. Better yet for this young group: the venue shifts to what’s likely to be a rowdy scene in Edmonton for Games 3 and 4.

The tone was set when Andrej Sekera scored just 65 seconds into the contest. That said, the Oilers could have sulked when a would-be 2-0 goal was called off (and they had to kill a penalty). Instead, they just kept battling, even after Jakob Silfverberg ended Talbot’s shutout bit with a laser beam on the power play.

Speaking of the power play, the Oilers managed to match the Ducks (1-for-4 each on the PP), even as Talbot faced 12 shots on goal during Anaheim’s power-play opportunities.

Talbot ultimately made 39 of 40 stops, and while the Ducks kept Connor McDavid from scoring, number 97 sure looked speedy and dangerous at times in Game 2.

Anaheim came into the second round with home-ice advantage through the West side of the playoffs, seemingly enjoying a golden opportunity when other conference powers fell. Instead, it’s looking like the Oilers might just have a chance to prove that they’re big-time contenders, too.

Game 3 airs on NBCSN at 7 p.m. ET on Sunday. You can watch online and via the NBC Sports App; click here for the livestream.