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.)

Ducks give Bruins first loss under Cassidy, putting … Islanders in wild card

ANAHEIM, CA - FEBRUARY 22:  Korbinian Holzer #5 of the Anaheim Ducks pushes David Backes #42 of the Boston Bruins during the second period of a game at Honda Center on February 22, 2017 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
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Wednesday was a night of futility in the Eastern Conference wild card races, so it make sense that a team that didn’t even play ended up grabbing the second spot.

To recap:

  • The Florida Panthers began the night in the second wild card spot. However, they were knocked down the totem pole when they lost in regulation to the Edmonton Oilers.
  • The Boston Bruins inherited the second wild card spot from Florida, but the Anaheim Ducks just gave them their first loss under Bruce Cassidy. With that defeat coming in regulation, it meant that the Bruins’ stay in the East’s top eight lasted mere hours.
  • So, congrats to the New York Islanders, who enjoyed the rare tiebreaker treat of climbing into playoff position even though they didn’t even play on Wednesday.

(The Philadelphia Flyers were out of reach here, but they didn’t do themselves any favors in losing to the Washington Capitals.)

Patrice Bergeron, Brad Marchand and David Pastrnak were kept off the board as Jonathan Bernier won one for the Ducks, who stay right behind the Edmonton Oilers in a battle for second in the Pacific.

Despite Pastrnak’s -3 rating in this one, Marchand probably had the toughest night thanks to Bernier and Josh Manson:

This one hurts, but it’s also a reminder that there will probably be plenty of twists and turns in the races for the lower spots in the East and Atlantic Division. With that in mind, the Bruins have to shake it off and get ready to face the Kings in Los Angeles on Thursday.

Kuznetsov, bad breaks baffle Flyers in loss to Capitals

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Here’s what went right for the Philadelphia Flyers on Wednesday: the Florida Panthers lost. Yep, that’s about it.

Otherwise, it was a pretty lousy time, as the Washington Capitals beat them at home 4-1 tonight.

Washington’s big names came to play here, highlighted by Evgeny Kuznetsov scoring two goals. T.J. Oshie and Nicklas Backstrom enjoyed one-goal, one-assist nights while Justin Williams and Alex Ovechkin both grabbed two assists.

The Capitals won their first game after a bye week (following two losses), improving their Metropolitan Division lead to five points and Presidents’ Trophy edge over Minnesota to three.

The Flyers fail to make up some ground in the Eastern Conference wild card race, staying at 63 standings points in 60 games played. The Panthers are tied with the Islanders and Bruins at 66 points, though Boston can change the picture ever so slightly against Anaheim (still in action) tonight.

The bottom line, again, is that the Flyers failed in a chance to get a little closer to that logjam for the last East spot.

Of course, plenty of Flyers fans will grumble about missed opportunities and iffy calls. Mike Milbury broke down the early setbacks that made life that much tougher for Philly:

Philly couldn’t overcome the Capitals and that bad luck, making their playoff hopes a little dimmer as the trade deadline approaches.

Oilers win on rare Russell goal, Panthers fall out of second wild card spot

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The Edmonton Oilers’ 4-3 win against the Florida Panthers might end up being costly if Andrej Sekera misses significant time.

But, hey, at least it was a win.

The two rising squads engaged in a back-and-forth game, with the Oilers winning in regulation. Maybe fittingly with Edmonton leaking defensemen lately: Kris Russell was the guy to score the game-winner, set up by Connor McDavid‘s blazing speed and a nice pass by Leon Draisaitl.

It was Russell’s first goal in more than a year.

The Oilers will remain in the second spot in the Pacific at the end of the night whether the Anaheim Ducks beat the Boston Bruins or not. Interestingly, this puts them in a reasonable position to catch the Sharks for first place in the division, too.

1. Sharks – 77 points in 60 games
2. Oilers – 74 points in 61 games
3. Ducks – 72 points in 61 games (in progress vs. Boston)

The Oilers likely had some fans out East tonight, as this loss pushes Florida down the wild card rankings. They’re actually out of the second spot thanks to tiebreakers.

Second wild card spot: Bruins – 66 points in 59 games, 30 wins and 28 ROW (in progress)

Islanders – 66 points in 59 games, 28 wins and 27 ROW
Panthers – 66 points in 59 games, 28 wins and 25 ROW

The Isles would move into the second spot if Boston loses in regulation, underscoring just how congested this situation is. But either way, the Panthers won’t be in the East’s top eight at the end of the night.

With Gibson out, Ducks recall interesting goalie: Enroth

TORONTO, ON - NOVEMBER 11: Jhonas Enroth #35 of the Toronto Maple Leafs skates against the Philadelphia Flyers at the Air Canada Centre on November 11, 2016 in Toronto, Canada. The Maple Leafs defeated the Flyers 6-3.  (Photo by Bruce Bennett/Getty Images)
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One player’s injury is another player’s opportunity.

Considering how much the Anaheim Ducks lean on John Gibson, it’s troubling that he’s day-to-day with a lower-body injury.

Even so, it’s interesting to note that such a situation prompted the team to recall Jhonas Enroth, who will back up Jonathan Bernier during Wednesday’s game against the Boston Bruins.

With the way Bernier’s been playing at times, it’s not impossible that Enroth could play as soon as tonight. But if he doesn’t you have to wonder if the Ducks might feel compelled to throw a start his way in the next week.

The trade deadline is coming, and while the goalie market is really cold, some of that slow movement likely comes from how cap-unfriendly netminders like Ben Bishop might be.

But what about Enroth? His cap hit is $750K this season, and while he thoroughly unimpressed Mike Babcock with rapid speed in Toronto, he was fantastic as a backup in Los Angeles last season and has been outstanding lately for the AHL’s San Diego Gulls.

All things considered, it’s almost a little surprising the Ducks aren’t throwing him right into the deep end tonight. If you’re a team with poor backup goaltending like the Edmonton Oilers or any number of other teams,* why wouldn’t you give the Ducks a call?

Maybe they need to see him in action in the NHL before doing so, making this an intriguing scenario to follow.

And, hey, maybe the Ducks themselves might decide that he’s a better option behind Gibson than Bernier. Stranger things have happened.

* – The Leafs might qualify, honestly … but again, Babs doesn’t seem to be an Enroth fan.