Tackling how the US debt debacle might affect the NHL

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In case you haven’t been paying attention to news and politics lately (it’s OK, we understand that little-to-none of the news has been good), the United States’ credit rating went from AAA to AA-plus according to Standard & Poor’s. It’s been called “an unprecedented blow” to the American economy and could “eventually raise borrowing costs for the American government, companies and consumers.”

If you’re visiting this hockey blog to escape that nightmare story, we apologize. The sad reality is that real-world economics often invade the comfy bubble of low-stakes sporting events.

On the Forecheck’s Dirk Hoag did a fantastic job of explaining how this scary situation might affect the NHL in general today. After giving an overview of how the values of the Canadian dollar and the American dollar changed over the years – and how those fluctuations affected the NHL in that time – Hoag gave three hypotheses on how this latest crisis might affect the highest levels of hockey.

Let’s take a look at each of the the main points he made.

1. More Canadian teams spending closer to the cap

… A windfall gain due to currency shifts could make it easier for those teams to boost their player salaries for the upcoming season, and/or increase off-ice spending to gain edges elsewhere (Calgary recently hired Chris Snow to conduct video & statistical analysis, while Toronto has a front office loaded with ex-GM’s from around the league).

Could these shifts also mean more Canadian teams, period? It certainly gives an extra bit of credibility to hockey-starved Quebec, if they could ever get that pesky NHL arena built.

2. Small market American teams face an additional challenge

The NHL has a revenue sharing plan that can benefit the league’s smaller markets, but those markets must reach certain spending and revenue benchmarks to enjoy those benefits. Here’s how Hoag described that possible situation.

For a team which earned a full share in 2010-2011, missing that target next year would mean they’d only get 75% for 2011-2012, a hit which could easily amount to $3-5 million depending on individual circumstances. Teams missing those targets for the second consecutive year only get 60% of their share, and for 3-year (or more) offenders, they get 50%.

The third point is more about minutiae, unless you’re asking Dan Ellis.

3. Players may benefit from decreased escrow

Again, that’s a concern that probably doesn’t register with many fans, but read the post if you’re curious.

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So, the basic takeaway is that Canadian teams could benefit across the board while small market (non-traditional?) American teams might be under even more stress if the downgrade has a significant impact on American currency. In a way, it almost seems like Canadian teams are getting revenge for the ’90s, when their teams were bleeding money and the Sunbelt expansion was in full swing.

Of course, while Hoag’s post is grounded in logic, it’s still speculation at this point. That being said, could the NHL actually consider putting together an American Assistance Plan in the next Collective Bargaining Agreement to echo the Canadian version from the latest one? There are all kinds of possibilities at play here … and most of them are rather depressing.

We could have more than a year to discuss these and many other issues as the CBA races toward expiration, although most of us will spend the majority of our time simply begging for both sides to avoid another lockout.

WATCH LIVE: Philadelphia Flyers at Pittsburgh Penguins

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Yes, the Philadelphia Flyers’ playoff hopes are basically squashed, but Sunday should provide plenty of motivation: giving the Pittsburgh Penguins grief.

The two rivals will face off on NBCSN tonight with the Penguins hoping to improve their situation in the three-team Metropolitan race for the division crown (and, failing that, at least one round of home-ice advantage).

The Penguins must fight injuries and a cross-state rival. There should be plenty of talent on the ice, too, so this should be a fun one.

You can watch on NBCSN, online and via the NBC Sports App.

Click here for the livestream.

Video: Doc Emrick takes a look back at Joe Louis Arena memories

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Sunday’s overtime win against the Wild wasn’t the last hurrah for the Detroit Red Wings at Joe Louis Arena, but that time is rapidly approaching.

The Red Wings have four more dates at the historic building:

April 1: vs. Maple Leafs
April 3: vs. Senators
April 8: vs. Canadiens
April 9: vs. Devils

With the playoffs out of reach, Red Wings fans must grapple with the end of an era.

To help with that cause, Mike “Doc” Emrick narrated a great look back at Joe Louis Arena, which you can enjoy in the video above.

And, if it helps make the future look a little rosier, take a look at highlights from Sunday’s victory.

Goalie nods: Henrik Lundqvist returns for Rangers

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After missing nearly three weeks due to a lower body injury, Henrik Lundqvist will be back in net for the New York Rangers on Sunday night when the team visits the Anaheim Ducks.

Coach Alain Vigneault already said that Lundqvist is expected to start two of the three games on this west coast trip, and after Antti Raanta started and recorded the shutout in Los Angeles on Saturday night it seems that Lundqvist will finish the trip with starts against the Ducks and then again on Tuesday against the San Jose Sharks.

Lundqvist has not played since March 7 when he stopped 43 out of 45 shots in a win over the Florida Panthers.

It was that game that Lundqvist suffered the injury that kept him out of the lineup.

Raanta played every game for the Rangers during his absence and continued what has been a strong season as Lundqvist’s primary backup, but if the Rangers are going to have a chance in the postseason they are not only going to need a healthy Lundqvist, but to also have him playing at the level he has been playing at over the past couple of months. Since the beginning of February Lundqvist has recorded a .931 save percentage in his 14 appearances for the Rangers.

Speaking of the postseason, the Rangers can clinch a spot in the playoffs on Sunday night with a win over the Ducks.

No official word from the Ducks on their starter on Sunday, but look for Jonathan Bernier to get an opportunity to continue his recent hot streak.

Elsewhere on Sunday…

— It was Devan Dubnyk going against Jimmy Howard in the early NBC game between the Minnesota Wild and Detroit Red Wings.

Keith Kinkaid gets the start at home for the New Jersey Devils when they go against the Dallas Stars, who will be countering with Kari Lehtonen.

Matt Murray goes for the Pittsburgh Penguins when they host their cross-state rivals the Philadelphia Flyers. The Flyers went with Michal Neuvirth on Saturday so look for Steve Mason on Sunday.

Michael Hutchinson will be in net for the Winnipeg Jets when they host the Vancouver Canucks. The Canucks have not announced their starter, but after Richard Bachman got the start on Saturday it should be Ryan Miller in net for this one.

Wild’s struggles continue with OT loss to Red Wings

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Well, the good news for the Minnesota Wild is Sunday’s game in Detroit wasn’t anywhere near as embarrassing as their game on Saturday. They were at least competitive in this and took the game to overtime to earn a point in the standings.

The bad news is the result was pretty much the same — another loss in the standings.

Thanks to Andreas Athanasiou‘s 17th goal of the season 1:52 into the overtime period, the Red Wings were 3-2 winners on Sunday afternoon, sending the Wild to their 11th loss in 14 games this month.

The game continues Minnesota’s late-season collapse that has seen the team lose its stranglehold on the Central Division and play some of its worst hockey of the season with the playoffs just around the corner. They have collected just seven out of a possible 28 points in the standings this month and still sit seven points back of the Chicago Blackhawks for the top spot in the division after Sunday. The Wild led the division by five points at the start of the month.

As bad as another loss is, this was far from the Wild’s worst game during this recent stretch. They limited Detroit to just 19 shots on goal, they had their chances to win it. But at the end of the day nobody in Minnesota wants to hear that right now because it’s still a loss, and it still looks like a team that is struggling to find answers on the ice. Not really the type of thing you want to see at this time of year.

Minnesota actually entered the third period with a 2-1 lead but let it slip away early in the period on a Tomas Tatar power play goal 55 seconds in. The Wild had their share of chances late in the game only to have Jimmy Howard make a couple of huge stops on Eric Staal and Jason Zucker in the final minute.

Staal did score his 26th goal of the season earlier in the game to give the Wild a 1-0 lead.

As for the Red Wings, the win is their fourth in their past six games (and the fifth with at least a point during that stretch) while Henrik Zetterberg continued his recent strong play recording another assist.

Defenseman Mike Green also scored in the win.