Devils have until June before they can be forced into bankruptcy

Yesterday, the New York Post published an article stating that the New Jersey Devils missed a September 1st deadline to pay $100 million to lenders. Later in the day, the Devils organization announced that the Post’s story was “patently false.” If that’s the case, it sounds like Forbes has the same false information—because they too are reporting that the franchise was unable to pay creditors on September 1st.

Forbes goes deeper to explain that even if the team failed to make promised payments earlier this month, any bankruptcy proceedings would still be in the distant future (read: after the season). Forbes Executive Editor Mike Ozanian explains the details:

“Despite being unable to pay lenders $100 million that was due September 1, the NHL’s New Jersey Devils do not have to worry about being forced into bankruptcy by creditors for at least nine months because a consent letter stipulates lenders cannot take action against the Devils until after the last game of this season’s Stanley Cup playoffs, which should be around mid-June.”

Jeff Vanderbeek and Brick City LLC currently co-own the Devils with each claiming 47% in the NHL franchise. Brick City LLC has been looking to sell off their interest since February—an interest that Vanderbeek now plans on purchasing in order to refinance the team. Where it could get interesting is the value of the team vs. the amount of the debt. Forbes valued the Devils at $218 million last December—a value that includes money made from non-NHL events. Unfortunately for Vanderbeek, those projections for the coming year can be expected to decrease as forty-one New Jersey Nets home games would vanish if a potential NBA lockout wipes out the 2011-12 season. Even if the teams can salvage part of the season, revenue will be lost with each and every game missed. Mix in the fact that the outstanding debts stand at $250 million and refinancing the team might not be as easy as it sounds.

For the moment, we can give both sides the benefit of the doubt. Yes, the New York Post was correct when they said the Devils could face bankruptcy proceedings for failing to pay on September 1. On the other hand, the Devils don’t believe their facing bankruptcy because they have until June to hammer out the Brick City buyout and refinance the team. Either way, we’re splitting hairs.

No matter how you slice it, it would help everyone involved if the Devils could get off to a good start. They’ve already sold more tickets than they had at this time last season—so there’s potential to start bringing fans into the building. In a gate-driven league, there’s no substitute for sellout crowds packing the arena, paying for parking, buying beer, and picking up merchandise at The Rock.

Let’s be honest: nothing brings in fans and revenue quite like winning.

The Buzzer: Fleury worries; Blackhawks eliminated

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Injury scares

Let’s hope that Tuesday presents dodged bullets instead of long-lasting injuries.

  • You can read more about Patrik Laine not returning to the Jets’ eventual overtime win against the Kings here. The early word is that it “isn’t sinister,” whatever that means.

Here is video of the unfortunate moment:

  • The Vegas Golden Knights must hold their breath again with goalie Marc-Andre Fleury. “MAF” took a shot off of his mask and did not return to Vegas’ eventual win against Vancouver. Considering his struggles with concussion issues, this is a big concern.

For what it’s worth, the team provided no official update, yet similarly to the Jets with Laine, the Golden Knights appear optimistic about Fleury avoided something serious. Either way, it puts a damper on this milestone.

Elimination updates

For the first time since the 2007-08 season, the Chicago Blackhawks won’t participate in the playoffs.

Chicago joins the Arizona Coyotes, Vancouver Canucks, and Buffalo Sabres as teams with the dreaded “e-” next to their names. The Red Wings postponed that fate by beating Philly. Edmonton delayed their own, too; they match the Blackhawks’ 69 standings points but hold a game in hand.

So, expect more names to get officially crossed off the list very soon. The Canadiens and Senators also see their days numbered.

Players of the Night

  • Artemi Panarin is a key figure in the Blue Jackets’ nine-game winning streak (read about how they’ve congested the Metro races in this post). Tuesday served as one of his best nights yet with Columbus, as “The Bread Man” collected a hat trick and also generated an assist. With 68 points on the season, it looks like he’ll hit 70+ points for his third season in a row, meaning he’s done so every year in the NHL. Perhaps he doesn’t need Patrick Kane to produce points, after all?

  • Leon Draisaitl collected a goal and three assists in the Oilers’ surprisingly bombastic 7-3 win against the Hurricanes, which didn’t really require Connor McDavid to dominate (he finished with one assist). Draisaitl’s quietly been showing that, while his contract is expensive, he’s probably the last of the Oilers’ worries.

[The 2018 NHL Stanley Cup playoffs begin April 11 on the networks of NBC]


Matt Benning was basically enjoying batting practice during that Oilers win:

Tremendous pass from Thomas Vanek, who now has eight points in 11 games with Columbus.


Learn why Alex Ovechkin‘s 602nd goal is his latest milestone here.

Nathan MacKinnon continues to tear up the NHL, as he’s second in league scoring with 91 points in just 65 games after collecting two assists on Tuesday. It really feels like he’s adding to his Hart Trophy argument every single game.


Islanders 4, Penguins 1
Blue Jackets 5, Rangers 3
Capitals 4, Stars 3
Oilers 7, Hurricanes 3
Panthers 7, Senators 2
Red Wings 5, Flyers 4 (SO)
Lightning 4, Maple Leafs 3
Jets 2, Kings 1 (OT)
Avalanche 5, Blackhawks 1
Golden Knights 4, Canucks 1
Sharks 6, Devils 2

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @cyclelikesedins.

Races heat up between Penguins, Flyers, Blue Jackets


The Philadelphia Flyers could have sulked after a poor performance from Petr Mrazek – again – halfway through Tuesday’s game against the Detroit Red Wings.

Instead, they just wouldn’t roll over, putting forth the sort of gutsy effort you’d expect from a team playing in front of Alex Lyon. (Yes, there were bad puns.)

The Flyers rallied from deficits of 3-1 and 4-3 to grab a standings point in this one, with a memorable 4-4 tally coming when Travis Konecny notched his 20th of 2017-18 in an odd way. The Flyers ended up falling in the shootout as the Red Wings’ 5-4 SO win ended a lengthy skid, but that single point ended up being huge on a busy night in the Metropolitan Division.

Consider some of the other developments around a division that’s felt up for grabs for a while:

  • In slipping by the Dallas Stars 4-3 in regulation, the Capitals might make the division title a little bit less than “up for grabs.” They now lead the Metro by four points with 91 in 73 games played. Alex Ovechkin scored his 44th goal of the season in this one, moving all alone to 19th all-time in goals, as that was the 602nd of his career.
  • The Pittsburgh Penguins squandered an opportunity to stay within striking distance of the Capitals for first place, and also a chance to create separation between themselves and the hard-charging Blue Jackets and tenacious Flyers. The Islanders handed the Penguins a 4-1 loss.
  • Meanwhile, the Columbus Blue Jackets must be considered a serious threat to the Penguins’ second seed, and at least a dark horse candidate to win the Metro.

In defeating the Rangers 5-3, the Blue Jackets are now on a ridiculous nine-game winning streak. Artemi Panarin‘s quietly impressive 2017-18 season was a little tougher to ignore tonight, as he combined a hat trick with an assist.

This win and the Penguins’ loss locks the two teams at 87 points. Pittsburgh has a game in hand (73 GP) on Columbus (74) and some other edges, but that race is now very close.

[The 2018 NHL Stanley Cup playoffs begin April 11 on the networks of NBC]

  • Columbus pushed Philadelphia down into the first wild-card spot thanks to Tuesday’s proceedings, but again, getting a point was still huge for Philly. They now have 86 points in 74 games played. That could be crucial in holding off the Devils and Panthers to at least secure a playoff spot. They’re also conceivably a hot streak away from pushing back into the Metro top three, and possibly grabbing a round of home-ice advantage if things go really well.

Need a visual look at the races? Here’s a rundown:

METRO 1: Capitals, 91 points, 73 GP, 39 ROW
METRO 2: Penguins, 87 points, 73 GP, 39 ROW
METRO 3: CBJ, 87 points, 74 GP, 35 ROW

WILD1: Flyers, 86 points, 74 GP, 35 ROW
WILD2: Devils, 82 points, 72 GP, 32 ROW

Ninth place: Panthers, 7-2 win against the Senators tonight, 81 points, 71 GP, 34 ROW


As you can see, the races for the second and third Metro spots, along with jostling for the two wild-card seeds, makes for a congested group. The Panthers hold three games in hand on the Flyers and the Devils have two on Philly, so the current buffer could plummet.

Sure, winning the game would have been better for the Flyers, especially if they could have done it in regulation or during overtime. Considering how glum things looked heading into the second intermission, grabbing a point against Detroit was still important.

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @cyclelikesedins.

Patrik Laine suffers injury blocking shot


Tuesday wasn’t kind to Patrik Laine. The Winnipeg Jets have to hope that it was bad merely from a short-term perspective.

One factor that’s probably important to Laine but not as much to the Jets: Alex Ovechkin pulled ahead in the Maurice Richard race, scoring his 44th goal of 2017-18. Laine remains stuck at 43, in part because the stupendous scorer couldn’t play much against the Los Angeles Kings.

Laine struggled to get off the ice after blocking a shot, as you can see from the video above this post’s headline. The 19-year-old won’t return. To little surprise, there’s no real update beyond that, as the Jets are merely leaving it as a “lower-body injury.”

The Jets’ next game is against the Ducks on Friday. That gives Winnipeg some time to assess Laine’s injury. The Finnish finisher probably wants to play in as many of the Jets’ remaining nine regular-season games (after tonight) as he can, but the team has to value an elusive playoff run more than anything else.

This means that Laine’s 15-game point streak comes to an end. That would be noteworthy even out of context, but it’s especially relevant since it concludes the longest run for a teenager.

Here’s hoping that Laine can return swiftly and keep a great Richard going against Ovechkin and others.

Update: Some early optimism after the Jets managed a 2-1 overtime win against the Kings:

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @cyclelikesedins.

Unhappy reunion: Red Wings chase Flyers’ Mrazek


For a while, it looked like Petr Mrazek would enjoy a strong showing in his return to Detroit against his former teammates in the Red Wings.

Things went sideways pretty fast, which sadly has been a growing trend for the struggling Philadelphia Flyers goalie. Mrazek was given the hook halfway through Tuesday’s game against the Red Wings after allowing three goals in about four minutes.

It’s the second time in three games that Mrazek’s been pulled in favor of Alex Lyon. The Flyers now face a 3-1 deficit in the third period; you can see if they manage to rally on NBCSN or via this live stream.

As you can see from the video above this post’s headline, Evgeny Svechnikov’s first NHL goal made it 3-1, and that was the last straw. Mrazek actually made a nice stop earlier in the sequence, yet even then, he looked a bit scrambly before Svechnikov ended up scoring.

Luke Glendening‘s shorthanded goal had to sting quite a bit, too:

Dylan Larkin scored the other Detroit goal during that burst, breaking a lengthy scoring slump.

Coming into Tuesday’s game, Mrazek was already struggling, sporting an unsightly .867 save percentage in March. Flyers GM Ron Hextall made a logical move in acquiring Mrazek from the Red Wings, but it just doesn’t seem to be working out in Philly, at least at the moment.

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at or follow him on Twitter @cyclelikesedins.