Last season was a tough one on the ice for the New Jersey Devils, but a report in The New York Post indicates that things are much rockier on the accounting spreadsheets. Josh Kosman cited an anonymous source who reports that the team missed a $100 million Sept. 1 loan payment, which is a troubling issue because it could push the franchise toward bankruptcy.
The bankruptcy problems could also reportedly extend to the Prudential Center, the Devils’ four-year-old arena located in Newark. Devils Arena Entertainment is on the hook for $180 million in payments, according to Kosman and other reports.
The source told Kosman that the Devils are “blowing up,” which we will assume isn’t slang for “on a roll” in this instance. The report indicates that the Devils’ issues are multifaceted.
The first problem is that the team’s ownership is in a state of flux, even if majority owner Jeff Vanderbeek stays in the picture. Co-owner Ray Chambers has been trying to sell his share of the team for about a year but hasn’t had any luck so far. Kosman also writes that Vanderbeek doesn’t have a good relationship with lenders, which could exacerbate the issues.
“You have a bank group that wants nothing to do with Vanderbeek,” said a source, who added they have been upset with how late they have been with financial information.
Some lenders are already considering selling their stakes to vulture investors, the source said.
“This is going to be a very difficult situation.”
The third problem is truly outside the Devils’ hands: the NBA’s lockout could ruin the New Jersey Nets’ final season at the Prudential Center. A full lockout would knock out 25 percent of the building’s 161 scheduled events, which is even more problematic considering the fact that the Nets are reportedly the reason why the building earned its first profitable year. Either way, the Nets aren’t going to be a part of a long-term solution for the Devils’ alleged financial problems.
It all seems like a very messy situation for the Devils, who haven’t responded to the report at this time. Like many other ownership/bankruptcy scenarios, this looks to be a fluid situation, so we will keep an eye out for responses from the team and any other updates.
Anton Khudobin gave the Boston Bruins a much-needed win last night.
He also gave Tuukka Rask a much-welcomed night off.
The Bruins beat the Hurricanes, 2-1, in a shootout at TD Garden. Khudobin made 29 saves, plus two more in the shootout, including the game-decider on Jeff Skinner.
It was an encouraging performance by Khudobin, who returned to the Bruins net for the second time since a conditioning stint in the AHL. It was the first time this season that a Boston goalie other than Rask was credited with a win.
“Very good,” head coach Claude Julien said of Khudobin’s play. “He deserves a lot of accolades tonight, for the way he played, the way he responded after being out such a long time. I think the fact that he went to Providence and played some games there really helped him get back on track. Tonight, he showed that he was ready to play.”
Julien added, “No doubt, there’s a lot of confidence that grew in that dressing room by watching his play and knowing that we’ve got two goaltenders that can play extremely well for us.”
The Bruins did not feel they had good enough backup goaltending the past two seasons, both of which ended outside the playoff picture. And so they bid adieu to Niklas Svedberg and Jonas Gustavsson, bringing Khudobin back into the fold on a two-year contract.
Granted, one win isn’t enough to conclude that Khudobin will be fine. He’s now 1-3-0 with a .902 save percentage, and those numbers could still be much better.
But he’ll be back in there soon enough. The Bruins have 15 more games in December, and Rask isn’t going to play them all.
Jori Lehtera received one of his lowest ice times of the season in Thursday’s win over Tampa Bay — just 11:21 — and was demoted to the fourth line at Friday’s practice.
If that didn’t send a message, Blues head coach Ken Hitchcock delivered it shortly thereafter.
“We’re going to need more from him,” Hitchcock said, per NHL.com’s Lou Korac. “The position we have him in, we need more from that position.”
Lehtera was signed to a three-year, $14.1 million extension after a solid ’14-15 campaign, in which he scored 14 goals and 44 points in 75 games. His offensive production sagged a bit last year (nine goals, 34 points in 79 games) and he’s gone through some difficult stretches this year.
The 28-year-old Finn had just three points through his first 15 games of the year, but did look as though he’d turned the corner recently. Prior to the Bolts game he had four points in four contests, including his first multi-goal effort of the season (potting a pair in a 4-2 win over Boston).
Clearly, though, Hitchcock thinks there’s more to give.
Per the Post-Dispatch, Hitch said he’s unsure if Lehtera will play on Saturday, when the Blues host the Jets. Nail Yakupov and Ty Rattie both sat out against Tampa Bay, and either one could draw into the lineup.
The Lehtera development comes with the Blues playing some of their best hockey of the year. They’ve won seven of their last eight, and are just four points back of Chicago for top spot in the Western Conference.
— Up top, Mike Milbury and Keith Jones discuss the Penguins’ two-goalie situation, which GM Jim Rutherford recently admitted was not working as well as he’d hoped.
— Nolan Patrick, the likely first overall pick in the 2017 NHL draft, is currently out with an injury. Tyler Benson, a top draft prospect last year who battled injuries, has some advice for Patrick: “I don’t think he should be worrying about the draft. People know what kind of player he can be. He’s played two years in this league already and he’s dominated. I think he should worry about making sure he’s 100 per cent when he comes back.” Benson was eventually selected 32nd overall by the Oilers. (The Province)
— A couple of weeks ago, Senators owner Eugene Melnyk got mad at the Ottawa Citizen newspaper after an editorial called on him to push for an outdoor game at TD Place. Yada, yada, yada, Melynk is now pushing for an outdoor game at TD Place. (Ottawa Sun)
— Hampus Lindholm has been good defensively in his return to the Anaheim Ducks, but with only two assists in his first 11 games, you have to think he’ll want to start contributing more to the offense soon. Lindholm is now the highest-paid defenseman on his team, with a cap hit just over $5 million. And if the Ducks have to trade Cam Fowler at any point, they’ll need Lindholm’s offense even more. That’s just the pressure that comes with a big contract. We’ll see how he fares. (OC Register)
— In 2015-16, no Canadian teams made the NHL playoffs for the first time since 1969-70. So, how are things looking this season? Long story short, quite a bit better. Three of the seven Canadian teams are currently in a playoff spot, and the other four aren’t out of it yet. (TSN)
— What a surprise, the Winnipeg Jets hurt themselves with too many penalties last night against Edmonton. “Those early penalties and how much time we spent in the box early on killed us,” said Bryan Little. “Our PK couldn’t get it done.” This has been a problem for way too long now. Over the last three seasons combined, the Jets have gone shorthanded 686 times, the most in the NHL. Clearly, they aren’t good enough to play with such poor discipline, so perhaps they should figure it out. (Winnipeg Sun)
Enjoy the games!
Chad Johnson, the Flames’ goalie of record in eight of their last 10 games, will once again be in goal when Calgary hosts Minnesota on Friday night.
Johnson, as we’ve written about on numerous occasions, was terrific for the Flames in November, going 7-3-0 with a 1.80 GAA and .939 save percentage. He essentially wrestled the No. 1 gig away from Brian Elliott, and closed out the month in style by posting a 39-save shutout against Toronto on Wednesday.
As a result, Calgary has clawed back from a disappointing start to draw within one point of Nashville for the final wild card spot in the Western Conference (granted, the Flames have played four more games than the Preds).
For the Wild, Devan Dubnyk‘s in goal.
— Just one other game this evening, as Montreal takes on the Sharks in San Jose. It promises to be a quality matchup as both teams are rolling with their No. 1s: Carey Price for the Habs, Martin Jones for the Sharks.