Matthew Hulsizer

Here we go again: Matthew Hulsizer drops bid to buy the Phoenix Coyotes

9 Comments

Winnipeg might have a new team, but the ongoing saga in Arizona with the Phoenix Coyotes continues on into an embarrassing situation.

Phoenix Business Journal reports today that prospective buyer, Chicago businessman Matthew Hulsizer, is dropping his bid to buy the team from the NHL.

Mike Sunnucks has the report from the desert where the circus side show in how not to sell a team rolls onward.

The official, who asked not to be identified, said the Hulsizer ownership group did not want to go through another several-month process of Glendale trying to sell the Coyotes to their group or other potential owners.

Sources familiar with the deal said late last week that Glendale was talking to Hulsizer and two other potential owners: Chicago Bulls and White Sox owner Jerry Reinsdorf and another unnamed group.

Rewind back to two summers ago and you’ll remember when Jerry Reinsdorf was initially brought in to be the savior of hockey in the desert. Reinsdorf seemingly feigned interest in doing so just to help move the calendar along and open the door for Ice Edge Holdings to step in and try to do their part and buy the team. Of course, Ice Edge Holdings couldn’t come to a deal and while they spun their tires in the sand, that bought time for Matthew Hulsizer to move in.

Hulsizer’s actions made fans and members of the City of Glendale city council feel overjoyed and excited to have a guy that cared about the team and wanted to see them stay in Arizona… At a price. Hulsizer was willing to put up close to $100 million of his own money to buy the team, but with the cost of debt rising for the team being owned by the NHL, so did the price to purchase the foundering organization.

With the price of the team jumping up to more than $190 million Hulsizer sought help from the City of Glendale to buy the team in the form of $100 million in a parking plan for the Westgate City Center that would see that cost slowly paid out over the years. That plan, however, has been challenged endlessly by the Goldwater Institute as they viewed it a violation of the state’s gift clause. With that plan tabled and more hoops to jump through for Hulsizer, he’s on the way out and potentially looking at other buying opportunities. With the St. Louis Blues in need of new money and New Jersey Devils looking for a new minority investor in the team, Hulsizer will have better chances there.

With the Coyotes back at square one once again and their future in doubt, there’s one bit of solace Coyotes fans can take out of this: There isn’t an immediate outside buyer for the team that’s looking to grab the team and move them out of Arizona. With True North now owning the Winnipeg Jets, formerly the Atlanta Thrashers, there’s no immediate pressure to get something done. If there are no buyers, the pressure is on the NHL to find them be they interested in staying in Arizona or not. Right now, Glendale will go back to Reinsdorf to see if he can save them. The amount of stock you can put into believing the part about a “mystery buyer” with interest is about as believable as a fairy tale.

This situation in Phoenix is a disaster and the fact that Hulsizer is out after the City of Glendale opted to pony up $25 million for the second year in a row based upon their faith that Hulsizer would get a deal done is embarrassing all around. The Glendale City Council comes off looking like a band of fools, Hulsizer looks bad even though it’s more on the City of Glendale for running him around with nonsense, and once again Coyotes fans are left holding the bag and having to continue worrying about what’s going on with their team. While there’s no reason to fret about the team leaving this time, being in complete limbo about the future isn’t any fun either.

Things need to change here and unfortunately for Coyotes fans, the one way this madness ends could be if an outside buyer comes in and whisks the team away somewhere else. That’s a miserable end game for everyone involved.

Oilers’ Yakimov going back to KHL — this time, on loan

LOS ANGELES, CA - OCTOBER 14:  Bogdan Yakimov #39 of the Edmonton Oilers looks on prior to the start of the game against the Los Angeles Kings at Staples Center on October 14, 2014 in Los Angeles, California.  (Photo by Jeff Gross/Getty Images)
11 Comments

Bogdan Yakimov is on his way back to Russia.

On Wednesday, the Oilers announced they’ve loaned Yakimov to KHL club Nizhnekamsk Neftekhimik, the same team he joined after leaving AHL Bakersfield last season.

The 83rd overall pick in 2013, Yakimov has appeared in one game for the Oilers since getting drafted. He’s spent almost all of his time in North America in the AHL, and didn’t impress the club last year when he bolted the farm team to return to his native land.

“He made a career decision to return to Russia and I’m not sure how he played or how many games he played,” Oilers head coach Todd McLellan said at the time, per the Edmonton Sun (McLellan was then informed Yakimov was away for 11 games).

“Well, that’s 11 games he didn’t spend with us. During his time away, there were a number of players recalled. I would have preferred to see him in an Oilers uniform and he was real close. Now he has to reset his Oiler clock and get playing again.”

All told, Yakimov played in 36 games with the Condors last season, scoring five goals and 15 points.

At 6-foot-5 and 232 pounds, Yakimov has impressive size and is still only 21 years old, so he’s got some value. But it remains to be seen whether he wants to try and push for an NHL career, or opt to stay in the KHL.

 

Max is back: Lapierre to attend Rangers camp on PTO

PITTSBURGH, PA - APRIL 01: Maxim Lapierre #40 talks with Craig Adams #27 of the Pittsburgh Penguins before a face-off during the game against the Philadelphia Flyers at Consol Energy Center on April 1, 2015 in Pittsburgh, Pennsylvania. (Photo by Justin K. Aller/Getty Images)
Getty
3 Comments

After a year abroad, Maxim Lapierre is getting a shot to rejoin the NHL.

Per TVA, Lapierre has agreed to join the Rangers in training camp on a professional tryout. The news comes after he split last season between Swiss League outfit Lugano and Swedish League side Modo, with midseason rumblings there were NHL teams interested in bringing him back.

In New York, Lapierre will be reunited with Alain Vigneault, his former head coach in Vancouver. Vigneault has brought in a few former Canucks during his time with the Rangers, including Tanner Glass, Nicklas Jensen and Michael Grabner.

Lapierre, 31, last played in the NHL during the ’14-15 campaign, splitting time between Pittsburgh and St. Louis. A known agitator, he finished the year with 11 points in 80 games, and appeared in all five games of the Pens’ opening-round playoff loss to the Rangers.

Prior to his time in Pittsburgh and St. Louis, “Yappy Lappy” played in Montreal, Anaheim and Vancouver. His best season came in 2008-09, when he scored a career-high 15 goals and 28 points, earning a handful of Selke votes.

Ready for No. 1 duties, Elliott wants to be ‘backbone’ for Flames

ST LOUIS, MO - MAY 15:  Brian Elliott #1 of the St. Louis Blues tends goal during the first period against the San Jose Sharks in Game One of the Western Conference Final during the 2016 NHL Stanley Cup Playoffs at Scottrade Center on May 15, 2016 in St Louis, Missouri.  (Photo by Jamie Squire/Getty Images)
Getty
2 Comments

At 31, Brian Elliott will be one of most experienced guys on the Calgary roster next season.

But he’s also ready to embark on something unique.

Elliott will have the chance to be a clear-cut, unquestioned, No. 1 starting netminder for the first time in his career when the Flames open play in October — an opportunity he’s ready to embrace.

“As a goalie you want to be wanted. You want to have that opportunity,” Elliott said on Wednesday during his introduction to the Calgary media. “I’m going to do my best to be the backbone of the team and try to be a leader and just do whatever I can to be the rock for the guys on the back end and let the guys do the rest of the work.”

There’s little doubt about Elliott’s role in Calgary for next season. He was stellar in ’15-16, posting a .930 save percentage and 2.07 GAA, helping the Blues advance to the Western Conference Final. And the Flames further anointed Elliott as the No. 1 by signing career backup Chad Johnson to fill the No. 2 role.

So, next year is sorted.

But what about after that?

Elliott is a UFA after this season, and so is Johnson. Flames GM Brad Treliving did say at the draft that Elliott’s contractual status and cap hit played a role in the acquisition, adding that discussions about a new deal could be in the works.

“As part of this deal, Doug [Armstrong, Blues GM] allowed me to talk to [Elliot’s] representative, so there may be the opportunity to look at an extension,” Treliving said at the time. “We’ll look at that. There’s no need to rush, but maybe there is a need to look at something.”

It’s been long rumored that Calgary wasn’t looking for a long-term solution in goal, but rather a “transitional guy.” That’s why Pittsburgh’s Marc-Andre Fleury, currently under contract for two more years, had been tied to the Flames.

Looking down the road, it’s clear Calgary is anticipating one of their draftees pans out in goal. The club took Providence standout Jon Gillies 75th overall in 2012, Mason McDonald 34th overall in ’14, and Tyler Parsons 54th overall this  year — but none of them are close to being NHL ready.

Which brings us back to Elliott.

Given how erratic things were in Calgary’s net last year both performance- and contractual-wise, one would assume Treliving would like to keep “Moose” around for more than just this season.

With ‘no expectations’ for Franzen or Vitale to play, Wings aren’t worried about cap situation

Detroit Red Wings v Edmonton Oilers
Getty
4 Comments

At first glance, Detroit’s current financial situation isn’t good. Petr Mrazek’s recent two-year, $8 million extension pushed the payroll to nearly $78 million, well over the $73M ceiling for next season.

But there is a catch.

“Certainly we have no expectations that [Johan] Franzen and [Joe] Vitale are playing hockey this year,” GM Ken Holland said Wednesday, per MLive. “I talked to Vitale after we traded (for) him. He’s having on-going issues with concussion.

“He certainly not expecting to be in camp. I’m not expecting to see Johan Franzen on the ice.”

Vitale, acquired from Arizona as part of the Pavel Datsyuk deal at the draft, carries at $1.16 million cap hit. Franzen, who played in just two games last year while dealing with concussion issues of his own, carries a $3.95M hit.

Putting those two on long-term injured reserve would almost get Detroit right back into cap compliance. Holland can also exercise a similar option with Teemu Pulkkinen, who underwent shoulder surgery this offseason (and makes $812,500).

Thing is, cap compliance isn’t all Holland wants to accomplish.

Though he re-signed Danny DeKeyser to a big six-year, $30 million contract earlier this week, Holland still wants to add to his blue line. The Wings have a surplus of forwards, and Holland has said he’d “love to get a top-three defenseman” prior to the start of next season.

A top-three defenseman will undoubtedly cost a fair bit of money. Which means a fair bit of money would need to go the other way in return.

Detroit has reportedly spoken to Anaheim about acquiring Cam Fowler. Fowler, 24, would be a good fit — he’s got a very reasonable contract ($4 million annually through 2018), the type of money the Wings could bring aboard if they were to part with the likes of, say, Gustav Nyquist ($4.75 million through 2019).

The catch, of course, is that the asking price for defensemen is sky high. It cost the Oilers Taylor Hall to get Adam Larsson out of New Jersey, and there are teams like Boston — still desperately searching for a “transitional” defenseman — that have publicly stated the acquisition cost is steep.

So while Detroit might not be worried about its cap situation for next season, it has to be concerned about having what it takes to upgrade the defense.

Related: Blues GM says he might just keep Kevin Shattenkirk