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Thrashers update: Local interest exposed, True North seeks Winnipeg’s help with debt

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The latest round of news revolving around the potential relocation of the Atlanta Thrashers reveals some not-so-great reports for both sides. Unfortunately for Thrashers fans, the outlook continues to be pretty grim on their end.

Many Thrashers fans attached some hope to a potential new local owner nicknamed “The Balkan.” That previously shadowy figure was revealed to be Detroit-arena venture capitalist JB Smith. Smith is reportedly interested in a package deal that would include the Thrashers, Atlanta Hawks and Phillips Arena. Unfortunately, various reports indicate that he might not have the cash to swing such a deal.

Beyond that, there is the rather thorny issue that the Atlanta Spirit group allowed San Diego Padres owner John Moores an exclusive window to buy the Hawks and Phillips Arena without the Thrashers. That same report indicates that Moores and the Atlanta Spirit still have a way to go to make a deal in that area, if it even gets done.

Based on recent evidence, it sounds like it would be awfully difficult to find a viable owner to keep the Thrashers in Atlanta, at least in time to satisfy the Atlanta Spirit group. Keep in mind this situation is still far from decided, though.

The last bit of news is that True North is asking for some government help to free up money to buy the Thrashers. True North hopes to free up debt from running the MTS Centre, the building that would house the relocated and re-named Thrashers. The difference is that it looks like local government will cooperate with True North, according to the Winnipeg Free Press. That stands in contrast to Atlanta’s perceived indifference toward keeping the Thrashers from moving.

Here’s the lowdown on True North’s negotiations with the city of Winnipeg, via the Winnipeg Free Press.

True North, which owns the MTS Centre, is looking to the province to help it manage the debt load it carries on the downtown arena in order to free up money to help pay for the relocation of the NHL team to Winnipeg.

A source said that request from True North is being studied by the province and in all likelihood will be accepted. The value of the request, or if it involves a low or no-interest loan, is not known.

“The building is a public asset,” said a source explaining why the province is interested in an arrangement that sees aid go to the MTS Centre. “It will never move.”

Keeping with previous patterns, signs point to the Thrashers moving to Winnipeg, but there are still a lot of moving parts involved right now. As always, we’ll keep you updated, as there could be quite a few twists and turns left.

Nugent-Hopkins trying to ignore trade rumors — ‘If it happens, it happens’

BOSTON, MA - DECEMBER 14:  Ryan Nugent-Hopkins #93 of the Edmonton Oilers skates against the Boston Bruins during the first period at TD Garden on December 14, 2015 in Boston, Massachusetts.  (Photo by Maddie Meyer/Getty Images)
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The Ryan Nugent-Hopkins trade speculation may have died down since it peaked at the draft in late June, but it’s not entirely dead.

The 23-year-old former first overall draft pick was asked to address the ongoing rumors Monday at an Oilers charity golf tournament.

“I try not to pay attention too much,” Nugent-Hopkins said, per the Edmonton Journal. “If it happens, it happens. I know it’s definitely a different group than the one we finished with last season.”

Indeed it is. Most notably, Taylor Hall is in New Jersey now, traded for defenseman Adam Larsson. The Oilers also signed Milan Lucic and drafted Jesse Puljujarvi.

What’s still lacking is an offensive defenseman who can run the power play, which is why the names Tyson Barrie (Avalanche) and Matt Dumba (Wild) have been floated as potential targets.

The Wild in particular could use a good, young center like Nugent-Hopkins, and the expansion draft is looming for a Minnesota club that already has defensemen Ryan Suter, Jared Spurgeon, Jonas Brodin, and Marco Scandella locked up in long-term contracts.

Barrie, meanwhile, has an arbitration hearing scheduled for Friday.

Blues d-man Kevin Shattenkirk is another name that’s come up; however, he can become an unrestricted free agent after next season, and whether he’d re-sign in Edmonton is in doubt.

Flyers reportedly avoid arbitration with Manning, sign him for two more years

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Chalk up another arbitration hearing that won’t be required. This time it’s Brandon Manning‘s. The 26-year-old defenseman has agreed on a two-year, $1.95 million deal with the Philadelphia Flyers, according to CSN Philly.

Manning’s hearing was scheduled for next Tuesday. He was the last restricted free agent on the Flyers, after Brayden Schenn re-signed Monday.

Sportsnet’s Elliotte Friedman was the first to report the Manning signing.

Manning played 56 games for the Flyers in 2015-16, his first full season in the NHL. He had one goal and six assists while logging an average ice time of 16:32.

Report: Blackhawks, Rundblad agree to terminate contract

DALLAS, TX - OCTOBER 09:  David Rundblad #5 of the Chicago Blackhawks in the second period at American Airlines Center on October 9, 2014 in Dallas, Texas.  (Photo by Ronald Martinez/Getty Images)
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The Chicago Blackhawks are reportedly parting ways with defenseman David Rundblad. The two sides have agreed to a contract termination, according to Mark Lazerus of the Chicago Sun-Times.

Rundblad, 25, was set to earn $1.1 million this season, per General Fanager. His cap hit was $1.05 million, meaning the ‘Hawks will gain $100,000 in cap space by not having to bury his contract in the AHL next season.

Rundblad was unlikely to make the Blackhawks in 2016-17 — not after the additions of Brian Campbell and Michal Kempny, and also the re-signing of Michal Rozsival.

It remains to be seen where Rundblad will end up. One possibility is back in Switzerland, where he spent part of last season before dressing three times for the ‘Hawks in the playoffs.

Sydor named assistant coach of Blues’ AHL affiliate

OTTAWA, CANADA - OCTOBER 11: Assistant coach Darryl Sydor of the Minnesota Wild looks up at the jumbotron during a video review in a game against the Ottawa Senators, during the NHL home opener to kick off the Senators' 20th anniversary at Scotiabank Place on October 11, 2011 in Ottawa, Ontario, Canada.  (Photo by Jana Chytilova/Freestyle Photography/Getty Images)
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Darryl Sydor, after being let go by the Minnesota Wild, has joined the Chicago Wolves as an assistant coach.

The St. Louis Blues, the parent club of the AHL Wolves, made the announcement Monday. It was also announced that former NHLer Daniel Tkaczuk would join Sydor as an assistant on new head coach Craig Berube’s staff.

Sydor, who won two Stanley Cups as a defenseman, spent five years as an assistant on Mike Yeo’s staff in Minnesota. His time with the Wild was marred by an arrest in 2015 for drunk driving. He was sentenced to 60 days in jail and sought treatment.

“I know now that alcoholism is a disease and I’m powerless over alcohol,” he told Kamloops This Week in January. “I can never have a drink again and I’m fine with that.”