Dallas Stars v Carolina Hurricanes

Hurricanes owner continues to look for new investors, says team ‘broke even’ in 2010-11

It’s pretty tough to believe that two teams blew opportunities to clinch playoff berths in their final contests of the 2010-11 season. The Dallas Stars could have robbed the Chicago Blackhawks of a spot after the ‘Hawks dropped a game to the Detroit Red Wings on NBC, but the Stars whiffed in a game against the Wild in Minnesota. A similar scenario played out the night before, as the New York Rangers beat the New Jersey Devils, forcing the Carolina Hurricanes to beat the Tampa Bay Lightning to make the playoffs.

Of course, the Lightning decided that they wouldn’t allow their division neighbors to make the postseason without a fight. Tampa Bay throttled Carolina 6-2, crushing the Canes’ playoff dreams with a resounding thud.

Even with that tough-to-stomach conclusion in mind, the 2010-11 season brought some positives to the Hurricanes franchise and fans. For one thing, 2011 NHL All-Star Game seemed like a celebration of the market’s interest in the sport. As it turns out, the Hurricanes also avoided losing money. The Charlotte Observer passes along owner Peter Karamanos Jr.’s claims that the team “broke even” last season, even without making the playoffs.

Despite the Hurricanes missing the Stanley Cup playoffs last season, the team broke even financially, Karmanos said. The Canes were one victory away from reaching the playoffs but lost their last regular-season game at home 6-2 to the Tampa Bay Lightning, which advanced to the Eastern Conference finals.

“That was not one of my brightest moments,” Karmanos said the final-game disappointment. “But we played a lot of meaningful games at the end of the season and at least we got to the last game with a chance. If we had gotten in the playoffs, I really think we’d have fared as well as Tampa.”

Karamanos has been hoping to sell at least a portion of his stake in the team for quite a few years now. Karamanos revealed that 9-10 people might buy a 15-20 percent stake in the Hurricanes.

Karmanos said all of the investors were based locally, although he did not name any of the individuals. In February, he said he hoped to have as many as 20 or 30 new partners, each investing $1 million to $3 million.

“We won’t have quite that many, but the ones we will have will invest closer to the higher number ($3 million) than the lower,” Karmanos said in an interview. “Things are going pretty well. We have had a lot of local people who have shown interest. It doesn’t hurt that Forbes calls Raleigh one of the best places to do business and live.

“We’re still in the process of going through all the legal documents. It’s moving along well. These are people who want to see the Hurricanes thrive and understand their involvement will give the Hurricanes even more exposure in the community.”

Karamanos seemed to argue against the Hurricanes being a “budget team,” but right now they appear to be one because they’re close to the salary cap floor with little indication that they’ll spend much more soon. GM Jeremy Rutherford was probably wise not to match the Montreal Canadiens’ hefty offer toward Erik Cole, but it’s doubtful that the team improved a whole lot this off-season. That could make a playoff run difficult next season considering the strength of the Southeast Division’s two powers (Tampa Bay and Washington), the possibility of improvement by Florida and the mystery in the making that is the Winnipeg Jets.

That being said, it’s heartening to hear that the Hurricanes didn’t need to make the playoffs to be a reasonable success at the box office last season. Perhaps that will help Karamanos find some investors who can allow the team to spend the money to make them a bigger threat on the ice in the future.

(H/T to Canes Country, which discusses the Hurricanes’ potential to turn a profit a bit more.)

WATCH LIVE: Wild at Blackhawks; Penguins at Sharks

Scott Darling, Charlie Coyle
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Will Ryan Suter say something foolish during tonight’s game? Is Brent Burns‘ beard so long that it’s finally starting to scrape the ice?

We’ll find out the answer to those questions and more during Tuesday’s NBCSN doubleheader.

Need to follow the two games online? Never fear.

Game 1: Minnesota Wild at Chicago Blackhawks


Game 2: Pittsburgh Penguins at San Jose Sharks


Bolland back in, Bjugstad out with injury for Panthers

Evgeny Medvedev, Nick Bjugstad
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Message sent or not via healthy scratches or not, Dave Bolland returns to the Florida Panthers mix on Tuesday.

Unfortunately for the Panthers, it’s maybe not under the most ideal circumstances, as part of the explanation for his return is Nick Bjugstad‘s absence.

The Miami Herald’s George Richards reports that Bjugstad is out tonight against the St. Louis Blues with an upper-body injury that he suffered during a Monday practice.

In fact, as you can see in the tweet above, the young forward was sent home because of the injury.

This forces some shuffling, with Vincent Trocheck moving up to the second line while Bolland centers the third combo as usual.

The Panthers are currently on a two-game winning streak and visit St. Louis as the second date in a five-game road trip.

This is also the early part of a span in which they play nine of 10 games on the road (counting Sunday’s away win), so a prolonged absence from Bjugstad could sting that much more.


Royal pain: Kings’ Greene to have shoulder surgery, out indefinitely

Jiri Hudler, Matt Greene
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The Los Angeles Kings lost one of their most veteran defensemen on Tuesday, as the club announced Matt Greene would be out indefinitely following shoulder surgery.

Greene, 32, had only appeared in three games this season, missing extensive time with the ailment. He had recently resumed skating with teammates and looked to be on the way back to a return, but never got to the point where he was participating in drills, or taking contact.

With Greene out of the lineup, the Kings have primarily gone with a six-man defensive unit of Drew Doughty, Jake Muzzin, Alec Martinez, Christian Ehrhoff, Jamie McBain and Brayden McNabb. Derek Forbort and Jeff Schultz have also been in the mix, but sparingly.

If Greene misses extensive time, L.A. could be in the market for a defenseman come trade deadline day, like they were last year before acquiring Andrej Sekera from Carolina. Greene is one of the most playoff-tested players on the L.A. roster, with 79 games and two Stanley Cups on his resume (and another Stanley Cup Final, with Edmonton in 2006).

Looks like the Canucks will have an interesting lineup tonight

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The Vancouver Canucks got banged up last night in Anaheim. As a result, it looks like they’ll have an interesting lineup tonight in Los Angeles.

Coach Willie Desjardins confirmed this morning that wingers Chris Higgins and Jake Virtanen were hurt and wouldn’t dress against the Kings.

In game-day line rushes, AHL callup Andrey Pedan, a defenseman, was skating on the wing with Jared McCann and Radim Vrbata.

But hold on, that doesn’t necessarily mean Pedan will make his NHL debut tonight. This morning, the Canucks announced they’d called up d-man Alex Biega from AHL Utica. Theoretically, inserting Biega could allow the offensively inclined Yannick Weber to move up to forward. Biega and Weber both shoot right. Pedan shoots left.

But wait, there exists another possibility — that both Pedan and Biega could play. That will depend on Chris Tanev‘s status. He got banged up yesterday as well, though he was able to skate this morning.

Confused? It’s OK. So is everyone.

As an aside, the Canucks not only got banged up last night, they also got pushed around and embarrassed in a 4-0 loss to the Ducks.

On that note, here’s what Pedan did to Jarred Tinordi in a Utica-Hamilton game last season: