Coyotes endgame in Glendale approaching? Winnipeg waits on deck

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Threats, law suits, insults, big money being thrown around. If you didn’t know better it sounds like the plot line to a new drama on network TV. Instead it’s just all a part of what’s going on lately in the ongoing saga of the Phoenix Coyotes, Matthew Hulsizer, the City of Glendale, and the Goldwater Institute.

If you’re not caught up on things, the watchdog group Goldwater Institute says they will sue the City of Glendale before they go through with a bond sale in order to raise the money they’re looking to give to prospective buyer Matthew Hulsizer control of the team and keep the Coyotes in Glendale. This means that if the sale is delayed the interest rate on the bonds go up thus making it a lot harder to pull it off, if at all.

Making matters more fun is the City of Glendale threatening a countersuit against the Goldwater Institute, a scare tactic that likely would keep the courts tied up for a long time and end up forcing the team to be sold to the highest bidder virtually regardless of where the new owner wanted to have the team play.

Today, the City of Glendale did not file paperwork to sue the Goldwater Institute. In this game of chicken, Goldwater stood firm while Glendale backed down as they knew they’d have to do. Glendale may still move to do that, but if matters get tied up in court while the NHL sweats out another financial loser of a season in Arizona (reported to be $40 million in losses just this season) there’s virtually no doubt the NHL Board of Governors will seek to sell the team to David Thomson and True North based out of Winnipeg.

As with everything having to do with this story, there’s a lot to believe and not believe with lots of heated opinions and angled takes on matters. Wading through the reports you get that are both pro-Glendale and pro-Winnipeg we can cut through to the heart of the matter and see that things appear to be at their darkest hour in the struggle to keep the Coyotes in Arizona.

After all, the Goldwater Institute’s contention is that the bond sale is an egregious misuse of public funds. They feel that  their job is to make sure the city doesn’t go bankrupt and lose out on basic civic functions to help pay off a millionaire to help him buy the team. It’s understandable that the fans in the desert would think the group is just acting like a bunch of spoil sports out to ruin their fun and chase away the Coyotes back to Winnipeg.

That said, there’s something to be said for a community of 250,000 people committing the initial $25 million earlier this year to pony up for the team’s potential losses and then another potential $100 million in the bond sale to keep a hockey team that has the second worst attendance in the NHL. While the city would expect that parking revenues would help them eventually get that money back, that’s like hoping a lottery ticket might pan out and win you money to help pay the bills in the future.

Making the reality of the situation look a little worse for Arizona is the projected revenue the team could see if they moved to Winnipeg. Yahoo’s Nicholas Cotsonika reported today that while NHL Deputy Commissioner Bill Daly doesn’t think a Goldwater Institute law suit will hamper the sale, the amount of money to be made in Winnipeg would likely turn out to be more than what the Coyotes make in Glendale and even more than what the Thrashers make in Atlanta.

Take into consideration here that Winnipeg is the eighth largest market in Canada while Phoenix/Glendale is the 12th largest in the United States. The potential future home of the Coyotes, the MTS Centre in Winnipeg, would also be the NHL’s smallest venue with just over 15,000 seats. The NHL doesn’t want to be in a position to make more with less, they’d like to make more money with more fans but if the courts get factored into matters too heavily in the coming days and weeks in Arizona, Gary Bettman and the rest of the NHL might not have another choice than to sell the team to True North and send the Coyotes back to Winnipeg.

WATCH LIVE: Pittsburgh Penguins at Ottawa Senators – Game 6

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Last night, the Nashville Predators demoralized the Ducks and advanced to their first-ever Stanley Cup Final. Will we learn their opponent tonight or on Thursday?

That’s up to how the Pittsburgh Penguins and Ottawa Senators perform in Game 6 of the Eastern Conference Final.

Will Sidney Crosby and the Penguins follow that 7-0 rout with a close-out performance, or will Erik Karlsson and the Senators avenge that embarrassing loss to send this series to a decisive Game 7?

Find out on NBCSN at tonight. You can also watch the game online and via the NBC Sports App.

Here’s what you need to know:

Pittsburgh Penguins vs. Ottawa Senators (Pens lead 3-2)

Time: 8:00 p.m. ET

Network: NBCSN (Stream online here)

Check out the highlights from Pittsburgh’s 7-0 win in Game 5

Related:

Pens redefining defense by committee

Four things the Pens need to do to eliminate the Sens

Swedish League champ sees another sign in NHL

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It’s an offseason of change for SHL champion HV71.

In the days following the league title, HV71 saw No. 1 goalie Linus Soderstrom sign his ELC with the Isles and d-man Andreas Borgman — the league’s rookie of the year — ink with the Leafs.

Earlier today, HV71 winger Filip Sandberg signed a two-year deal with San Jose. Shortly after that, Columbus announced it inked Sandberg’s running mate up front, Kevin Stenlund, to a three-year, entry-level deal.

Stenlund, 20, was the Blue Jackets’ second-round pick (58th overall) at the 2015 draft. He’s coming off a good year, setting career highs in goals, assists, points and games played during the regular season, then adding 10 points in 16 playoff appearances.

And he might have a chance to build on that campaign.

Per the Dispatch, the Blue Jackets expect Stenlund to play next year in Sweden, rather than try to make the move overseas. It’s possible the Isles could make the same decision with Soderstrom — meaning it’s not all bad for HV71.

 

Oilers re-sign Pakarinen for one year

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The Edmonton Oilers have given winger Iiro Pakarinen a one-year contract extension.

From the release:

Pakarinen just finished his third season with the Oilers organization, appearing in 14 regular season games in 2016-17, posting four points (2 goals, 2 assists).  The 25 year old forward missed 53 games due to an injury suffered during the pre-season. He appeared in one playoff game against the San Jose Sharks.

The Oilers brought Pakarinen over from Finland in 2014. Since then, he’s split his North American career between the AHL and NHL while drawing praise for his versatility and hard-nosed style.

Per CapFriendly, Pakarinen’s cap hit will be $750,000 in 2017-18. It’s a one-way deal.

Market heating up for prized Czech d-man Rutta

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Coming off an impressive performance for the Czech Republic at the World Hockey Championship, Jan Rutta is now being courted by a number of NHL clubs.

Per The Athletic, the Blackhawks are in contention for securing Rutta’s services. That comes on the heels of earlier reports from TSN’s Darren Dreger, who said there are “multiple” offers for the 26-year-old, including ones from Edmonton and Calgary.

“He’s a steady defenseman with size, and he had a strong finish of the season,” an NHL scout told The Athletic. “He was very good in the playoffs and played his best at the Worlds.”

Rutta, who was never drafted by an NHL club, has spent his professional career with Czech League outfit Pirati Chomutov. He’s blossomed into a talented offensive defenseman — finishing second among Czech League d-men with 32 points in 46 games this year — and, as mentioned above, has good size at 6-foot-3, 200 pounds.

Last week, Rutta’s agent — longtime Octagon Hockey representative Allan Walsh — tweeted that his client would make a decision on NHL offers soon.