Dave Checketts

Blues set August 22 deadline for team sale bids

There seems to be two general categories for NHL team sales lately: desperate (Phoenix, Atlanta) and seemingly inevitable (Dallas, St. Louis and Buffalo). That’s not to say that the latter group of sales lack drama or tension, but the Stars, Blues and Sabres seem like they’re able to attract legitimate interest even if the process isn’t always very smooth.

In the case of the Blues, it seems like they are at least slightly at the mercy of what happens with the Stars. Jeremy Rutherford of the St. Louis Post-Dispatch reports that the group handling the Blues’ sale expects there to be some overflow from the parties who will lose the bidding war for the Stars, although that might be a slight problem since the deadline to make a nonbinding bid for the Blues has been set for August 22. Rutherford reports that this deadline could allow a purchase agreement to be in place by “mid-September.”

“We’ll review (the offers), make judgments, make comparisons and then we’ll go back to everyone and give them a reaction to their proposal,” Game Plan’s Robert Caporale said. “We don’t want to slow down the process, but until we get these detailed proposals, it’s hard to predict how long it will take to get a binding contract with a buyer. But we hope that we could get it done within a couple of weeks” of Aug. 22.”

Once a purchase agreement is in place, the sale would move into the final stages, which includes NHL approval. The league’s next Board of Governors’ meeting is scheduled for Sept. 20, followed by one in December. If the sale is ready for approval in between those two meetings, it’s possible the governors could vote via a conference call.

Game Plan LLC – the company handling the sale – reportedly sent out 10 packets to parties who have expressed an interest in the Blues, although it’s important to note that it doesn’t mean all 10 parties should be considered legitimate suitors. Things could get a bit more complicated if the Stars sale isn’t completed by August 22 since, again, there might be some spurned suitors who would move from trying to acquire the Stars to the Blues.

Here are a few dates that might be of interest in this situation, even if there’s no guarantee that benchmarks will be met in time to fulfill them.

August 22: Again, this is the reported deadline for groups to make “nonbinding” bids for the Blues.

September 20: The NHL Board of Governors meeting will take place, so it would be ideal to get the new owner in place by then so the BoG could vote to approve or disapprove that new owner.

October 8: The Blues’ season opener isn’t a hard deadline, but it might be nice to get a new owner in place by then anyway.

“Undisclosed deadline”: Current Blues owner Dave Checketts needs to get this deal done sooner rather than later after he received an extension to pay back the $120 million loan he took out with CitiGroup to buy the team.

Obviously from that timeline, a lot could happen in a very short time frame, although these situations have a tendency to hit a wall or two here and there. The one thing that might expedite the process is the possibility that a group might circumvent the bidding process by meeting the asking price for the team.

“We have not agreed to do that, but at least it’s an option,” Caporale said. “We’d like to give everybody a chance. (But) if the person comes up with a price that’s acceptable to everybody and willing to sign an agreement, it speeds up the process.”

Stay tuned for updates regarding a franchise that some are calling a possible “sleeper team” in the Western Conference.

Video: Drouin equalizes, but Rust strikes again 30 seconds later

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Bryan Rust is really having himself a series.

After opening the scoring in Game 7 of the Eastern Conference Final, Rust took matters into his own hands after Jonathan Drouin evened the score for Tampa Bay, notching his second goal of the game — just 30 seconds after Drouin scored — to put Pittsburgh back out in front, 2-1.

Before digging into the Rust goal (posted above), let’s take a moment to appreciate Drouin’s snipe, one that whizzed by Pittsburgh netminder Matt Murray:

Now, back to Rust.

With that second goal he’s now racked up eight points for the playoffs, just three back of the 11 he put up over the course of the entire regular season. The former Notre Dame standout has become a major storyline, and now sits tied with Patric Hornqvist for the team lead in even-strength playoff goals.

Not bad for a guy that spent a fair chunk of the year in Wilkes-Barre/Scranton, eh?

Video: Rust opens scoring in Game 7

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What an Eastern Conference Final for Bryan Rust.

Rust scored his second goal of the series — and third point in as many games — to open the scoring on Friday night, giving the Penguins a 1-0 lead over the Lighting at Consol.

After scoring just 11 points during the regular season, Rust — in just his second season at the NHL level — now has seven points in 16 playoff games, and has emerged as a vital bottom-six contributor in the process.

Chris Kunitz and Evgeni Malkin notched assists on Rust’s goal, which came early in the second period. The Pens out-shot the Bolts 8-5 in the first period, but were unable to get one past Andrei Vasilevskiy.

Oh, and speaking of Kunitz, he’s also produced extremely well in this series — he now has six points in his last five games.

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…