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Tackling how the US debt debacle might affect the NHL


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.


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.

Julien explains comments about Lundqvist’s ‘acting’

Claude Julien
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We’re now over two days removed from last Friday’s tilt between the Bruins and the Rangers, but the coaches from both teams seem unwilling to move on.

Moments after that game, Claude Julien claimed that Henrik Lundqvist did some “acting” on the ice to sell a goalie interference call on Brad Marchand.

On Saturday, Alain Vigneault fired back by saying that Julien needed to get his eyesight checked. Vigneault also compared Aaron Rome’s hit on Nathan Horton in the 2011 Stanley Cup final to Matt Beleskey’s hit on Derek Stepan in Friday’s game.

Now it was Julien’s turn to address the “issue” at hand.

Julien clarified his original comment about Lundqvist and he also tackled some of Vigneault’s comments.

“I think it’s pretty obvious what I said . . . I thought Lundqvist sold it,” said Julien. “Not for a second did I ever question Henrik Lundqvist as a person, or a goaltender or any of that. We all know how good he is as a goaltender, and I know he’s a good person. I’ve met him at the All-Star games and all that stuff.

Julien on his eyesight: “As far as my eyes, I’m not the one that compared Beleskey’s hit to Aaron Rome’s [hit]. We’ll just leave it at that.”

It’s time for both sides to move on.

Good news: Colaiacovo traveling with Sabres

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It was a scary sight.

Carlo Colaiacovo fell to his hands and knees after taking a cross-check to the throat from Predators forward Viktor Arvidsson (above).

Arvidsson received a five-minute major and a game misconduct, while Colaiacovo suffered a dented trachea on the play.

After the game, both Dan Bylsma and Peter Laviolette agreed that there was no malicious intent on Arvidsson’s part.

“I don’t think there was intent there to maliciously cross-check,” Bylsma said. “They kind of lose the puck, turn and his stick is right at that level and delivers a blow. When you look at it, it’s a pretty stiff cross-check to Carlo’s neck.”

“It was tough for Arvidsson,” said Laviolette. “I don’t think he had any bad intentions. He just ran into somebody and the stick got caught a little bit high, but just a tough turn of events.”

The Sabres defenseman left the game and was treated at a nearby hospital, but there is some good news to report.

According to the Buffalo News, Colaiacovo was released from hospital and he was able to travel to Detroit with his teammates.

It’s unclear how long he’ll be out.

Start the Carr: Habs recall another player from the minors

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There’s been a lot of movement between Montreal and Saint John’s lately and that continued on Sunday.

This time, it’s forward Daniel Carr who’ll be getting a stint with the big club.

Carr has no prior NHL experience.

The 24-year-old spent four years at Union College before joining the Canadiens organization as an undrafted free agent.

In his first season as a pro, Carr scored 24 goals (led the team) and 39 points in 76 AHL games with the Hamilton Bulldogs in 2014-15.

This year, Carr has seven goals and 15 points in 20 games.

Montreal is without forwards Torrey Mitchell, Brendan Gallagher and Alexander Semin.

Campbell’s perfect snipe sinks Wings in OT


Brian Campbell doesn’t score as many points as he used to, but he came up with a huge goal against the Red Wings on Sunday afternoon.

With the game tied, 1-1, in overtime, Campbell skated into the slot and beat Petr Mrazek with a perfect wrister to end the game.

It was also a pretty nice passing play between Jussi Jokinen, Jonathan Huberdeau and Campbell.

Dylan Larkin opened the scoring in the second period before Reilly Smith leveled the score with just over five minutes remaining.

The Wings have blown a lead in three straight games.

Detroit was up 2-0 and 3-2 in their last game, against Edmonton, before they finally closed the game out with an overtime goal by Niklas Kronwall.

They weren’t so fortunate against the Bruins on Wednesday, as they lost 3-2 in OT after leading 2-1 with under two minutes remaining in regulation.

This was the first meeting of the season between Detroit and Florida, but they’ll see each other three times between Feb. 4 and Mar. 19.