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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.

Sharks finally solve Gibson in OT to defeat rival Ducks

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Talk about perfect timing.

Marc-Edouard Vlasic scored his first goal of the season on Tuesday, doing so in overtime to lift the San Jose Sharks past the goaltending of John Gibson in a 2-1 victory over the Anaheim Ducks.

Facing off against their California rivals for the first time this season, the Sharks dominated puck possession and on the shot clock. Had it not been for the play of Gibson, this one could’ve been a lopsided win for San Jose.

Gibson replaced Jonathan Bernier to begin the second period. Bernier left the game with an upper-body injury.

In relief, Gibson made 24 saves on 25 shots. Vlasic was the only San Jose player to get the puck past him, but not before the Ducks managed to steal a single point.

The Ducks recorded the single point, but did so faced with a short-handed lineup as the game continued. Not only did Bernier leave the game, but so, too, did Ryan Getzlaf, who didn’t play a shift in the third period.

He left with an upper-body injury, as per the Ducks, who at the time listed his return as questionable.

Elliott backstops Flames to victory in his return to St. Louis

CHICAGO, IL - OCTOBER 24: Matt Stajan #18 and Lance Bouma #17 of the Calgary Flames congratulate Brian Elliott #1 after a shootout win against the Chicago Blackhawks at the United Center on October 24, 2016 in Chicago, Illinois. The Flames defeated the Blachawks 3-2 in a shootout. (Photo by Jonathan Daniel/Getty Images)
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So, it seems Jake Allen was onto something.

The St. Louis Blues goalie noted a few days ago that Calgary Flames fans shouldn’t be worried about Brian Elliott despite his early-season struggles.

Well, Elliott has since put together strong performances in back-to-back games against Central Division opponents from Chicago and then St. Louis.

After earning a shootout win over the Blackhawks on Monday, Elliott was put back in the Calgary net to finish off the back-to-back road set.

Facing his former team, Elliott made 23 saves on 24 shots and the Flames recorded a 4-1 victory. It was a special return to St. Louis for Elliott, who spent five seasons with the Blues.

“I saw that on the schedule from a while ago in the summer,” Elliott told NHL.com. “You want to come back here. I had so much fun playing in front of these fans in this building and wanted to do it again even though it was another team. The guys did a heck of a job in front of me to get that win for me.”

Not a bad trip for the Flames, with a maximum four points against two teams considered to be contenders in the Western Conference.

“I thought we were good in front of him, too,” Flames coach Glen Gulutzan told the Calgary Herald. “I thought we kept a lot of the stuff to the outside, but he made some big saves, especially at the end, when we knew their push was coming.

“I thought that was when he was his best. And that’s what you need — we put ourselves in position to win and then he carried us through.”

Bernier (upper-body injury) gives way to Gibson in Ducks net

GLENDALE, AZ - OCTOBER 01:  Goaltender Jonathan Bernier #1 of the Anaheim Ducks during the preseason NHL game against Arizona Coyotes at Gila River Arena on October 1, 2016 in Glendale, Arizona. The Coyotes defeated the Ducks 3-2 in overtime.  (Photo by Christian Petersen/Getty Images)
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Anaheim Ducks goalie John Gibson began Tuesday’s game on the bench, but was forced into action to begin the second period against the San Jose Sharks.

Jonathan Bernier, who got the start, left the game with an upper-body injury and was doubtful to return, the Ducks stated on Twitter.

Bernier has played in only one other game for Anaheim so far, making 42 saves on 45 shots in a loss to the Pittsburgh Penguins on Oct. 15.

‘Dig in there with the rest of the guys,’ says Babcock after leaving Andersen in against Bolts

OTTAWA, ON - OCTOBER 12: In his first game as a member of the Toronto Maple Leafs Frederik Andersen #31 puts his mask on against the Ottawa Senators at Canadian Tire Centre on October 12, 2016 in Ottawa, Ontario, Canada.  (Photo by Jana Chytilova/Freestyle Photography/Getty Images)
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Frederik Andersen‘s difficult start to the season continues.

After an interesting exchange when questioned about his goaltender prior to Tuesday’s game against the visiting Tampa Bay Lightning and some guy named Steven Stamkos, Toronto Maple Leafs coach Mike Babcock was once again forced to answer inquiries about the play of Andersen, who allowed seven goals on just 24 shots.

Andersen stayed in the crease for the entire game, as the Leafs lost 7-3. He certainly didn’t get much help in the defensive end from his teammates in front of him.

Stamkos started the scoring for Tampa Bay, and continued it with a rocket one-timer past Andersen, before finishing with a four-point night.

But in Toronto, the conversation about the amazing play of rookies like Auston Matthews and Mitch Marner seems to have shifted to the play of their goalie, acquired in a blockbuster deal with Anaheim, in which Toronto parted ways with a first- and second-round pick to make it happen. The Leafs then signed him to a five-year, $25 million deal.

Playing on a new team in a hockey-crazed market has likely been an adjustment. His season also started with an injury in Olympic qualifying.

Following the loss Tuesday, Babcock explained his reasoning for leaving Andersen in net for all seven Tampa Bay goals, two of which came late in the third period.

“I want him to play. He’s my guy. I want him to play,” said Babcock, as per Jonas Siegel of The Canadian Press. “So I could pull him and then say, ‘Okay I showed you!’ But what did I show him? To me, dig in there with the rest of the guys, make the next save and give us a chance to come back and win the game. You can’t do that sitting on the bench.”

The Maple Leafs face the Florida Panthers on Thursday. Florida’s goalie Roberto Luongo knows all-too-well about the pressures that come with playing the position in a Canadian market.

It is early in Andersen’s Toronto tenure.

But Babcock will likely be facing a similar line of questioning until his goalie turns it around.