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

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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.

Columnist warns Blackhawks fans: DeBrincat may not make the jump

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It’s easy to see why Chicago Blackhawks fans are excited about Alex DeBrincat.

The undersized forward already seemed like a potential steal when the Blackhawks drafted him in the second round (39th overall) back in 2016, as he was coming off consecutive 100-point seasons in the OHL. DeBrincat topped that in 2016-17, scoring more than a goal per game (65 in 63) and finishing with a ridiculous 127 points.

Honestly, that last paragraph might leave some Blackhawks fans twitching with excitement.

MORE: DeBrincat was the one to watch at prospects camp

CSN Chicago’s Tracey Myers relays an important message on Thursday, though: tap the brakes.

Beyond the questions of the 19-year-old being ready for the NHL, Myers reasonably wonders if Chicago can fit him into its salary structure.

Looking at the Blackhawks’ listing at Cap Friendly, it’s clear that Myers has a point. There are 14 forwards under contract, and as Myers notes, only Nick Schmaltz can be sent to the AHL without needing to clear waivers.

The Athletic’s Scott Powers notes that few 19-year-olds have made much of a dent on recent Blackhawks rosters beyond Patrick Kane, Jonathan Toews, and Nick Leddy. As great as Joel Quenneville can be at integrating younger players into Chicago’s mix, history states that DeBrincat indeed faces an uphill climb.

Then again, for a smaller forward whose numbers sometimes get disregarded or downplayed because of his stature, DeBrincat’s probably used to overcoming odds. If nothing else, the Blackhawks seem willing to go the extra mile if it gives them a better chance to compete.

Even so, Blackhawks fans would probably be wise not to pencil him into the 2017-18 lineup just yet.

Katie Bieksa enlists husband Kevin, other Ducks to promote book (shirtless)

via Kevin Bieksa's Twitter feed
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Katie Bieksa, wife of Anaheim Ducks defenseman Kevin Bieksa, found herself in a bind after he was traded from the Vancouver Canucks. With extenuating circumstances keeping her from working normally, she wrote a novel … and decided to promote it in a brilliant way.

AJ Manderichio of the Ducks website provided an in-depth look at Katie Bieksa’s experience writing “Newport Jane,” which Bieksa compares – in some ways – to “Desperate Housewives.”

Which seems like a convenient segue to mention one way of hyping up the noveal: “Hot Guys Reading My Book” on Instagram.

It started with Kevin, although Katie told Manderichio that it required some negotiating.

“These guys are looking for opportunities to show off their summer bodies. They were volunteering, and that’s where the idea came from,” Katie says. “There was someone – it may have been Kevin – who said ‘I am NOT going to take a picture with your book,’ and I said ‘Oh yes you are.’

“When he said he would do it, the rest of the guys did. They’ve all been so supportive, and that’s such a nice feeling. It is a community, and you do depend on each other. It’s so nice to have that support, bear down and take the picture.”

Good stuff.

Kevin’s caption really sold it “Yes this is how I usually read.”

As you can see on the Instagram feed, noted pest Ryan Kesler also “contributed,” but Andrew Cogliano‘s missing teeth stole the show.

Here is part of the “Newport Jane” summary on Amazon, which in a just world would inspire people to call Kevin Bieksa “the cardiac surgeon.”

From the outside, Ellen has it all: a glamorous new life in a sun-soaked city more like a movie set than the small Northern town where she grew up, and her very own McDreamy. But being married to a gorgeous, brilliant cardiac surgeon also means standing in his shadow, putting aside her dreams to follow his—and having way too much time home alone to think about how much she’s given up to follow him to California.

Don’t worry, there probably won’t be a spin-off involving shirtless blogging.

Flames hand Hathaway a two-way deal

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The Calgary Flames signed forward Garnet Hathaway to a one-year, two-way contract on Thursday.

Hathaway, 25, earned some reps on the team despite being undrafted.

Here’s how his NHL work looks so far:

2015-16: three assists, 31 PIM in 14 games played.
2016-17: one goal, four assists, 44 PIM in 26 GP.

If the penalty minutes didn’t make it obvious, Hathaway is the “rugged” type. He’s already provided some snarly action shots against the Flames’ rivals, as you can see below and in this post’s main image.

via Getty

He clearly makes friends quickly.

The Flames celebrated his first – and so far only – NHL goal after the signing.

Penguins are ‘prepared to go to arbitration’ with Sheary, Dumoulin

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Earlier today, PHT discussed how the Pittsburgh Penguins might take advantage of robust cap space to replace Nick Bonino. Of course, that cap space could really start to dry up depending upon how things go with RFAs Brian Dumoulin and Conor Sheary.

At the moment, both are heading toward salary arbitration hearings, with Dumoulin’s scheduled for July 24 while Sheary is slated for Aug. 4.

Both situations are pretty tricky, so it’s not too surprising that GM Jim Rutherford admitted to the Pittsburgh Post-Gazette’s Jason Mackey that the hearings will “probably” happen.

“We’re prepared to go to arbitration,” Rutherford said.

There’s still time – especially for Sheary – yet both hearings could be especially interesting considering the variety of different ways you can break down their value.

Dumoulin: strong defense, weak offense (so far)

Hockey Buzz’s Ryan Wilson and FanRag’s Dave Holcomb both went pretty deep on what Dumoulin might be worth, as did Matt Cane. The disparity is pretty interesting; Cane puts Dumoulin at about a $2.5 million value, Wilson proposes a five-year, $15M deal, and Holcomb wonders if Dumoulin could be worth as much as $5 million per season.

Dumoulin’s reps might point to Olli Maatta as a handy comparable, although that comparison falls flat from simpler (i.e. Dumoulin not producing as much offense) and fancier perspectives. Sometimes it’s pretty plain to see HERO charts smiling upon one player more than the other.

Still, both Dumoulin’s prominent use and his strong at-home work indicate that he’s worth a pretty penny, however many he’d receive.

While he generated 16 and 15 points during the past two regular season runs, Dumoulin saw solid ice time in both 2015-16 and 2016-17. That was especially true during the playoffs, as he averaged 21:31 per night in the 2016 run and 21:59 TOI during this last postseason.

Considering the waves of injuries the Penguins endured during the 2017 Stanley Cup Playoffs in particular, Dumoulin really showed his importance to the team.

Now, will those details matter as much as weaker counting stats? We’d find out if Dumoulin’s hearing actually took place.

Sheary’s sheer luck

Somewhat amusingly, Conor Sheary is almost in the opposite situation.

If you look at his simple stats, Sheary could argue for a pretty nice little raise.

While his 2015-16 numbers are modest, he really took advantage of his time alongside Sidney Crosby this past season, scoring a remarkable 23 goals and 53 points … in just 61 regular-season games. That would be about 71 points over an 82-game span.

His postseason numbers weren’t as great (seven points in 22 contests after 10 in the previous run), but one could imagine a solid argument made on the 25-year-old’s behalf considering that 23-goal output.

Of course, the Crosby effect was significant. Sheary spent 697 of his 836 even-strength minutes with Crosby, while only spending 139 minutes without him last season. To his credit, Hockey Analysis’s numbers reveal that Sheary at least maintained decent possession numbers in those rare moments without number 87, but the sample size is too small to refute claims that Sheary was Jonathan Cheechoo to Crosby’s Joe Thornton.

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Ultimately, it’s tough to tell how much each player is worth, which might explain why arbitration hearings may just need to happen. Such hearings would be fascinating, though both the players and the Penguins would likely experience some serious nerves.