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.)

Shock of Lightning: Stamkos will play

Steven Stamkos
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He’s in.

As if Game 7 of the Eastern Conference Final couldn’t get any more dramatic, it has — Tampa Bay captain Steve Stamkos, who hasn’t played since Mar. 31, will make his playoff debut against the Penguins tonight.

Stamkos underwent vascular surgery in early April to correct a blood clotting issue, and has remained on blood thinners ever since. While there’s been no confirmation he’s off medication, he did tell Sportsnet he’d be able to return to the lineup once he was.

More:

Stamkos reiterated that he’s still on the same prescription of blood thinners he was given earlier this month. He takes a 12-hour dosage, twice a day, and it has been suggested to him that once he is cleared to stop taking the medication, Stamkos conceivably could return to the Lightning lineup almost immediately.

That’s why I’m trying to stay in shape,” he said.

Per NHL.com, Stamkos took the warmup and participated in line rushes centering Ondrej Palat and Ryan Callahan.

It’s been exactly eight weeks since Stamkos played his last game. At the time of his diagnosis, the Lightning said his timetable for recovery was 1-3 months.

To say his return will be a boost is a major understatement. Aside from the emotional factor, Stamkos led the Bolts in goals this year, with 36, and would presumably spark a power play that’s gone just 2-for-12 in the series.

 

Drama builds as Stamkos takes Game 7 warmup

NEWARK, NJ - FEBRUARY 26:  Steven Stamkos #91 of the Tampa Bay Lightning skates against the New Jersey Devils at the Prudential Center on February 26, 2016 in Newark, New Jersey. The Lightning shutout the Devils 4-0.  (Photo by Bruce Bennett/Getty Images)
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Steve Stamkos took the team bus to tonight’s Eastern Conference Game 7 in Pittsburgh. As TVA noted, it was the first time he’s arrived early for a game in these playoffs.

In his pregame presser, Bolts head coach Jon Cooper refused to answer any questions about Stamkos’ availability.

And then Stamkos took the warmup.

As such, the drama surrounding Tampa Bay’s captain has reached an all-time high. Stamkos, who’s been out of the lineup since early April due to blood clots, looks as though he’s on the verge of an emotional comeback as the Lightning try to win an ECF Game 7 — on the road — for a second consecutive season.

“If Stamkos is in the lineup, it’s our best foot forward,” Cooper said. “If he’s not in the lineup, it’s because he wasn’t eligible to play.”

No word if No. 91 is still on the blood thinning medication he’s been taking since undergoing vascular surgery on Apr. 4.

Stay tuned…

Parise rehabbing back injury without surgery, ‘no question’ he’ll play in World Cup

NEWARK, NJ - MARCH 17:  Zach Parise #11 of the Minnesota Wild skates against the New Jersey Devils at the Prudential Center on March 17, 2016 in Newark, New Jersey. The Devils defeated the Wild 7-4.  (Photo by Bruce Bennett/Getty Images)
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EDINA, Minn. (AP) Minnesota Wild left wing Zach Parise has been rehabilitating his back injury without surgery, putting him on track to be at full strength by September.

Parise said Thursday he’s “happy with the way everything’s going.” He said he’s been able to work out as he normally does during the summer, despite missing the playoffs because of the injury.

Parise said there’s “no question” he’ll be ready to play for Team USA in the World Cup of Hockey tournament.

Parise joined teammates Erik Haula, Jason Pominville, Nate Prosser, Jared Spurgeon and Jason Zucker at an autograph signing to raise money for people affected by the wildfires in Alberta. The parents of Spurgeon’s wife, Danielle, lost their home to a fire in the Edmonton area.

WATCH LIVE: Lightning at Penguins, Game 7

TAMPA, FL - MAY 24:  Alex Killorn #17 of the Tampa Bay Lightning falls to the ice at the net against the Pittsburgh Penguins in Game Six of the Eastern Conference Final during the 2016 NHL Stanley Cup Playoffs at Amalie Arena on May 24, 2016 in Tampa, Florida.  (Photo by Mike Carlson/Getty Images)
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Not much more to say than this:

GAME 7.

Puck drop is at 8 p.m. ET on NBCSN, but you can also catch the game online using NBC Sports’ Live Extra.

CLICK HERE TO WATCH LIVE

Some relevant linkage for tonight’s affair:

It’s been a ‘roller coaster’ — Pens, Bolts ready for Game 7

Vasilevskiy ‘is the big reason we’re in Game 7,’ says Bolts coach Cooper

Pens coach praises Murray: ‘He doesn’t get rattled’

Video: Johnson pays the price for Tampa Bay