Matthew Hulsizer

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


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.

Struggling Sabre Tyler Ennis out with upper-body injury

Tyler Ennis, James Wisniewski
Leave a comment

Tyler Ennis can probably relate with the Buffalo Sabres’ opponent on Wednesday, as he’s struggling almost as much as the Nashville Predators.

Perhaps some of that has to do with health?

Whether that’s the case or not, Ennis is out for the Sabres tonight, as the team announced that he’s dealing with an upper-body injury.

The Buffalo News discussed Ennis’ struggles in this article.

“I’d say he’s pressing too much. You can’t make those plays in every situation and in every point you touch the puck,” Dan Bylsma said to the Buffalo News. “ … He’s just got to simplify his game. He is a special player who can make those plays, but he can’t be trying to do it every time he touches the puck.”

He’ll need to wait a while to start getting things together, anyway.

WATCH LIVE: Wednesday Night Rivalry (Flyers-Islanders; Blackhawks-Sharks)

Ryan White, Matt Martin
Leave a comment

You can check out tonight’s Wednesday Night Rivalry doubleheader on NBCSN, and you can also stream them online.

Here are the handy links for the two contests.

First, the New York Islanders host the Philadelphia Flyers.


After that, the Chicago Blackhawks visit the San Jose Sharks.


Braun out with upper-body injury; Zubrus to make Sharks debut

1 Comment

The San Jose Sharks will be missing a top-4 defenseman tonight when they host the defending champs from Chicago.

Justin Braun has an upper-body injury. His status is considered day-to-day.

“Brauny has been one of our unsung heroes here through the first quarter of the season,” coach Peter DeBoer told CSN Bay Area. “He’s played some outstanding hockey. So, we’re going to miss him, but it’s a great opportunity for Mueller and Tennyson and one of these guys to establish themselves. It’s a great opportunity for us to reward Dillon for how well he’s played.”

Against the Blackhawks, Brenden Dillon will take Braun’s spot on the top pairing alongside Marc-Edouard Vlasic; Paul Martin and Brent Burns will stay together on the second pairing; and 20-year-old Mirco Mueller will skate with Matt Tennyson.

Mueller has played just four games for the Sharks this season. In his last game, Thursday in Philadelphia, he received only 9:13 of ice time.

Also tonight, new Shark forward Dainius Zubrus is expected to debut on the fourth line.

Related: Sharks sign Zubrus, because DeBoer

Johansen calls trade rumblings ‘weird,’ says relationship with Torts is ‘great’

Ryan Johansen
Leave a comment

One day after reports surfaced of Ryan Johansen being at the center of trade talks, all parties involved from Columbus did what they’re supposed to do — downplay the situation.

You can read the denials in full over at the Dispatch, but here’s the gist:

— Johansen said the rumors were “weird” and that he’s “never seen it before.” He also said there were no issues between him and head coach John Tortorella, calling the relationship “great.”

— GM Jarmo Kekalainen wouldn’t address the report, nor would Johansen’s agent, Kurt Overhardt.

— Johansen added he hasn’t spoken to any of Columbus’ management about the trade rumblings.

So there’s that. What’s next?

At this stage of the game, it’s hard not to think about another Overhardt client, Kyle Turris.

Turris, you’ll recall, spent four (mostly) stormy years with the Coyotes before his trade out to Ottawa was orchestrated. Turris eventually told GM Don Maloney “this is not going to work out” with the club, and he was gone.

So, consider the similarities now:

— Turris was 22 at the time of the trade, with four years and 137 games under his belt.

— Johansen is 23, with five years and 291 games.

— Both had contentious contract holdouts with their respective clubs.

— Both are Overhardt guys.

— The Turris trade happened after the Coyotes went from Wayne Gretzky to Dave Tippett as head coach.

— Johansen is already on his third head coach (Scott Arniel, Todd Richards, Tortorella).

For now, these are all coincidences (or a forced narrative, depending what you think of the author).

And, of course, the one big — big — difference between the two is that, at the time of his trade, Turris wasn’t as good or established a player as Johansen currently is. Therefore, logic suggests any Johansen trade would be a lot more blockbuster-y and, therefore, probably more complex.

And as we know, complex deals aren’t easy to pull off.