Brad Richards,  Patrick Sharp

Report: Tom Gaglardi’s offer to buy Dallas Stars could exceed $250 million

While the Atlanta Spirit group are almost in liquidation mode to get rid of the Atlanta Thrashers, the Dallas Stars’ sale could exceed $250 million. Tom Gaglardi’s offer to buy the team might exceed that surprising mark, according to Mike Heika’s sources.

It’s important to note that this is far from a confirmed report and is nowhere near a done deal, but if the team sells for that much, it would make them the ninth most valuable team in the NHL (according to Heika).

Forbes.com valued the team at $227 million, which left them in 10th place, yet those reports didn’t account for the team’s estimated losses of $15 million this season. Keeping those factors in mind, the lenders preparing to sell the Stars must be elated about that potential haul.

It’s important to remember that there’s still plenty to be done before this sale could be completed. Here’s a little more background on the situation from Heika’s report.

Gaglardi is in the middle of a 30-day exclusive negotiating window, according to several team and league sources. It is expected to end in late May. At that time, lenders who own the Stars will be able to shop Gaglardi’s offer around to see if other potential buyers might want to exceed it.

Others who have been interested in buying the team are Dallas businessman Doug Miller, Dallas businessman Billy Quinn, Mavericks owner Mark Cuban and Calgary businessman Bill Gallacher. Miller, Quinn and Gallacher have declined comment, while Cuban has said he is mostly interested in the Stars so he can get full control of AAC.

The team will likely go through bankruptcy court, a subject we discussed in this post. Heika provided a little more insight on that bankruptcy process, though.

All involved are hoping they will be able to take care of any auction situation before moving into the courts, and that the bankruptcy hearing can be closed within three days, as the Chicago Cubs did in 2009.

The Rangers’ bankruptcy went through several days in court that spanned almost two months in the summer of 2010.

There’s one more interesting piece to the puzzle: the pending unrestricted free agent status of the team’s most valuable player, Brad Richards. Considering the likely demand for his elite playmaking skills, the Stars should probably show him that they have the stable ownership group necessary to put a competitive team on the ice.

Richards spoke about the latest ownership developments and shared his thoughts about free agency (which begins on July 1) on NHL Live.

“Right now there is no deadline in sight because July 1 is so far away,” Richards said. “It’s try to get my body back to normal, relax and think things over and give it a chance over there in Dallas to see what happens with ownership. It sounds like things are moving a little bit right now. We’ll see. Sometimes you hear things differently than what’s actually happening. At least there is some movement and talk.”

(snip)

“The main thing will be talking to my family and trying to win,” he said. “It’s been too long since I had that chance to win the Stanley Cup. I kind of thought we’d have a couple more cracks at it by now. That will be the main focus. If Dallas is the place where I think they can win then that’s the place and hopefully it can work out. We’ll see what happens.”

Perhaps Richards provided the operative phrase in this situation: “We’ll see what happens.”

Jackets re-sign Sedlak, AHL affiliate’s leading playoff scorer

COLUMBUS, OH - SEPTEMBER 20:  Lukas Sedlak #85 of the Columbus Blue Jackets waits for the pass during the game against the Winnipeg Jets on September 20, 2011 at Nationwide Arena in Columbus Ohio.  The Blue Jackets defeated the Jets 5-1.  (Photo by John Grieshop/Getty Images)
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Columbus farmhand Lukas Sedlak, who currently sits tied atop AHL Lake Erie’s playoff scoring leaderboard, has signed a one-year, two-way deal, the Jackets announced on Wednesday.

Sedlak, 23, was a fifth-round pick in 2011 that’s spent the last three years in the American League. This season was by far his most successful — in addition to potting a career-best 14 goals, he’s become close to a point-a-game producer in the playoffs, with 11 through 12 games.

“Sedlak has been on a run for us with goal-scoring,” Lake Erie head coach Jared Bednar said, per the Columbus Dispatch. “He’s not a guy who does it for us every night. But he works so hard in all the other areas.”

Sedlak has yet to make his NHL debut, but could be in the mix for a recall next season.

Despite Canadian dollar, Bettman still expects ‘revenue increase’

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
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The Canadian dollar is trading at around $0.77 USD today. While that’s up considerably from where it was a few months ago, the damage has already been done to NHL revenues.

“If the Canadian dollar was still at par, we would be $100 or 200 million higher perhaps than we may find ourselves,” NHL commissioner Gary Bettman told Bloomberg Television today.

Having said that, Bettman still expects there will be a “revenue increase” compared to last year, adding that “we continue to grow year after year and set new records.”

More from Bloomberg:

Bettman said that while the NHL’s revenue growth has come across the entire business, the league has seen its biggest boon in its digital platform. The league last year signed a six-year, $1.2 billion contract with Major League Baseball’s interactive media and Internet arm, or BAM, to operate the its digital operations, streaming services and TV network. The NHL got a 10 percent stake as part the deal.

The NHL playoffs are currently in the middle of the conference finals. The NHL’s fiscal year ends June 30.

League revenues, of course, have a direct impact on the salary cap, and let’s face it, that’s the only thing most fans care about.

As of March, the cap was expected to grow from $71.4 million in 2015-16 to $74 million next season.

However, that projection assumed the NHLPA would accept the CBA’s standard five percent growth factor, and with escrow topping the list of player concerns, that’s no given.

The players’ association will discuss and make a decision on the growth factor at some point before July 1.

Related: Bowman noncommittal on Shaw and Bickell, needs to know salary cap first

Devils’ Merrill undergoes shoulder surgery, out four months

NEWARK, NJ - JANUARY 04: Jon Merrill #7 of the New Jersey Devils skates against the Detroit Red Wings at the Prudential Center on January 4, 2016 in Newark, New Jersey. The Red Wings defeated the Devils 1-0.  (Photo by Bruce Bennett/Getty Images)
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New Jersey d-man Jon Merrill, who struggled through an injury-riddled campaign, has undergone successful shoulder surgery with an expected recovery time of four months, the club announced on Wednesday.

Merrill, 24, only appeared in 47 games this year, first missing time with an arm injury, then suffering a shoulder ailment late in the year.

There was no clear indication if the two ailments were related, but Merrill’s arm injury was on the right side, and surgery was on his right shoulder.

A former University of Michigan standout taken 38th overall in 2010, Merrill enjoyed solid rookie and sophomore campaigns in New Jersey. His second year was especially solid — 14 points in 66 games, averaging over 20 minutes per night — and he boasts good size, going 6-foot-3, 205 pounds.

Based on the four-month timetable for recovery, Merrill will likely miss parts of New Jersey’s training camp and preseason action.

Max Talbot mulling European options for next season

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After a 10-year career with over 700 games played and one Stanley Cup, Maxime Talbot could be done in the NHL.

Per RDS, Talbot — who’ll hit unrestricted free agency on July 1 — has “some options in Europe” for next season, and is contemplating a move overseas.

In his prime, Talbot was a gritty, hardworking forward with decent touch around the net. He scored double-digit goals four times, including a career-high 19 in ’11-12.

The 32-year-old split last season between Boston and its AHL affiliate in Providence, scoring seven points in 38 games at the NHL level.

Talbot did acquit himself very well with the P-Bruins — 21 points in 26 games — and has some experience playing abroad, having suited up for Finnish League club Ilves Tampere during the lockout.

Based on how things went last year in free agency, it wouldn’t be surprising to see Talbot land in Europe.

The likes of Maxim Lapierre, Curtis Glencross and Marcel Goc all failed to score NHL contracts last summer — Lapierre and Goc proceeded to sign overseas, while Glencross opted to retire.