Columbus officials release arena lease proposal to help keep Blue Jackets in town

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With the Columbus Blue Jackets reporting record financial losses over the past few seasons, totaling over $80 million in the last six years and $25 million last year, they’re an organization that’s in desperate need of help to get out of their money woes. With so much money bleeding from the Blue Jackets, owner John P. McConnell has said that if things aren’t turned around that he’ll have to move the team.

While wins haven’t been easy to come by and they’ve made the playoffs just once in franchise history, there’s a plan on the table to try and ensure that the Blue Jackets can stay in Columbus.

This afternoon, a proposal was announced that would see Nationwide, the insurance company that owns the naming rights to the Blue Jackets arena, as well as Franklin County, Ohio and the City of Columbus would team up together along with revenues from a proposed casino to buy the arena.

Doug Caruso of The Columbus Dispatch outlines the plans to help keep the team in Columbus.

Franklin County and Columbus would pledge up to a third of the tax revenue they collect from the Hollywood Casino on the West Side through 2039 to finance the $42.5 million purchase of the arena from Nationwide Realty Investors and pay to operate it, said John Rosenberger, a lawyer hired by Columbus and the county in 2009 to negotiate an arena deal. The Franklin County Convention Facilities Authority would own the arena.

Under the agreement, Nationwide would invest $52 million in the Blue Jackets and would take a 30 percent ownership interest in the team. It would have naming rights to the arena for 10 years.

It’s no secret that money is tight in America and using public money to finance the purchase of an arena, even split up over many groups, raises a giant red flag. While the arena would then belong to the county, the fact that it’s money from the people and not a private firm or even the Blue Jackets owners, is the part that makes this deal seem very curious.

We’ve seen proposals using public money land with a thud in Glendale and on Long Island and those were deals that would’ve secured the location of the Coyotes in Arizona and the Islanders on Long Island for years to come. Those matters were shot down either by government watchdogs or via public vote.

In Columbus, this deal would need to be approved by a vote of the Columbus City Council and Franklin County commissioners to make it work. As for what the deal will do to slow down the losses, Caruso breaks down the numbers.

The deal is expected to save the team $9.5 million a year. The team would agree to remain in Columbus through at least 2039.

The $42 million purchase price for the arena is slightly lower than the $44 million value Nationwide placed on it during court proceedings to set the taxable value of the building in 2006, a case in which it was in the company’s interest to set the price as low as possible. The county auditor had valued the arena at $129.7 million. It cost $147.1 million to build in 1999, Nationwide said at the time.

The state of Ohio would help out with the purchase through a $10 million loan, half of which can be forgiven by the state.

The part that makes the use of public money more irksome is the fact that people in the area voted against using public money to build the arena in the first place. Using it now to make sure the lead tenant can stick around seems like an end-around way of getting what they wanted in the first place.

We’re all for doing the right thing to keep a team in place, but the use of taxpayer money is what will always make us feel awkward. If it’s money that had no other destination for usage that’s fine, but burning public bucks during tough financial times makes the situation feel nervous. The Blue Jackets are the only major professional team in Columbus and letting the arena go vacant would be a tough blow to the city and the community so this move could be viewed as one meant to keep the economy rolling until 2039, it just feels a little bit uncomfortable going all in on supporting it.

Update (5:37 p.m.): Blue Jackets team president Mike Priest issued a statement about the deal on the team’s website.

“We are appreciative of the comprehensive work and due diligence delivered in this report. Mr. Dorrian, Bill Jennison and John Rosenberger each understand the issues and this report offers a solution that will provide a long term sustainable business model for the organization. We are encouraged by the report’s findings.”

Lundqvist sharp, Rangers scrappy against Predators to end slump

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Is it melodramatic to say that the New York Rangers needed this one?

Whatever weight you put on it, the Rangers finally broke a troubling five-game losing streak, managing a 4-2 win against the Nashville Predators at Madison Square Garden on Saturday. The Predators saw a streak end in their own right, as they had been on a 4-0-1 run.

MORE: Rangers are still in for a steep climb in the Metro

As much as this was a confidence-booster, it was sometimes a sleepy afternoon effort by the Rangers. After generating a 2-0 lead in the first period, New York snoozed at times, only firing six shots on goal on Juuse Saros during the final 40 minutes.

Whether it came down to sitting on a lead or the Predators pressing on the gas, Henrik Lundqvist had to be alert at times in stopping 23 of 25 shots. One of his best efforts came in snubbing Colton Sissons in close:

In winning his 407th career regular-season game, Lundqvist tied Glenn Hall for ninth all-time in NHL history.

The Rangers were opportunistic on Saturday, a positive sign for a team that hasn’t always been getting the bounces early in 2017-18.

Kevin Hayes exerted his will at times, assisting on the Rangers’ opening goal and powering past Matt Irwin for what would stand as the game-winner:

Impressive stuff by Hayes, even if it was almost an equally lousy showing by Irwin.

Ryan Ellis is clearly missed by Nashville, but moments like Irwin’s lapse and Alexei Emelin flailing badly on the opening goal make one wonder why, exactly, Samuel Girard is getting more looks after some promising early showings. With Irwin and Yannick Weber logging less than 11 minutes on Saturday, both P.K. Subban (27:55) and Roman Josi (27:31) flirted with 28-minute workloads despite the contest ending in regulation.

The Predators likely cringed a little extra at the empty-net goal since it came via former Preds prospect Jimmy Vesey:

If the Rangers want to get back on track, they’ll need to win in a number of ways, even if they’re not always pretty ones like this one was.

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

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Seems like Laine, Jets are heating up

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Big breaks can be really nice for NHL teams, but sometimes you wonder if the timing is all wrong. It will be interesting to see if the Winnipeg Jets (and Patrik Laine) feel that way about their upcoming breather.

The Jets had really been cooking after shaking off a tough start from Steve Mason (the Jets dropped their first two games in ugly fashion). By edging the Minnesota Wild 4-3 on Friday, the Jets have now won four of their last five contests.

As you can see from the video above, Laine played a significant role in that win, showing that he might have some potential from “Alex Ovechkin‘s office” on Winnipeg’s power play. Laine doubled his 2017-18 goals total from two to four with that effort, pushing him to six points in seven games.

Laine was unleashing that lethal shot with aplomb last night, too, firing eight shots on goal.

(Last night’s edition of The Buzzer notes that it was a milestone night for Paul Maurice and Blake Wheeler. Along with grabbing that assist, Wheeler scored his 200th goal.)

The Jets have high hopes for 2017-18, and Laine’s a big part of that excitement, so it was nice to see him unleashed.

If it’s a matter of rhythm, then this break is a bummer. Their next game doesn’t take place until Thursday, making for almost a week off, just when they were really sizzling. It’s a tough haul for the next while, so maybe they’ll take advantage of the break (or get rusty?):

Thu, Oct 26 @ Pittsburgh
Fri, Oct 27 @ Columbus
Sun, Oct 29 vs Pittsburgh
Tue, Oct 31 @ Minnesota

November isn’t a breezy month for the Jets, either, so Winnipeg has to hope that they can carry over some of this momentum.

For more Jets-related fun, check out this interesting NHL.com piece about how Connor Hellebuyck is changing things up.

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

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Look at what Rangers are up against right now

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You have to really squint to find bright sides to look on if you’re the New York Rangers.

The Rangers are currently on a five-game losing streak and have one shabby win to show for their first eight games of 2017-18, and they’ll shortly face a challenge in the Nashville Predators, who are riding a five-game point streak (4-0-1 after losing their first two games).

With six of those eight games coming at home, the Rangers are really squandering opportunities in the malicious Metro. About the only positive things you can say boil down to: a) scrapping two “loser points” out of the past two games and b) the team at least saying the right things, as Rick Nash notes according to the New York Post’s Larry Brooks.

“The bad teams I’ve been on, guys get away from the game plan, they don’t give the effort and there’s finger-pointing, whether in the room between guys; from the coach; or in the media. That’s what happens when things get away from you as a team.

“None of that is happening here,” Nash said. “We’re together and we’re focusing on taking this one step at a time.”

They might be wise not to look at the divisional standings. Just consider some of the teams they’re up against:

Devils (12 points in 8 games): New Jersey currently has a perfect road record and a fleet of young legs, something the transitional Rangers must envy. Even if they’re likely to slip (being blanked by the Sharks could be an early sign of regression), the Devils figure to be a tougher out this season.

Penguins (11 points in 8 games): Not much needs to be said, though it’s worth noting that they’ve won three in a row.

Blue Jackets (10 points in 7 games): All signs point to former Rangers coach John Tortorella’s group being very much the threat that once surprised us.

Capitals (9 points in 8 games): Finding ways to win, and scrappy in particular on the road so far (3-1-1 away record).

Flyers (8 points in 7 games): Might be better than their record indicates, at least judging by their +9 goal differential. Philly has the potential to at least be a pesky “bubble” team.

Hurricanes (7 points in 5 games): Light early schedule might keep them under the radar, for now.

Islanders (7 points in 7 games): Mixed results might not help the Islanders retain John Tavares, but a competent Isles team would only make it tougher for the Rangers.

Yeesh, kind of discouraging, right?

The Rangers currently sit at four points in eight games played, and like this post argues, they really need to wake up soon. They’ve already played six home vs. two road contests, and they face a similar saturation of MSG going forward.

Counting today’s game hosting the rising Predators, the Rangers play the next three in a row at home. After that, they play three of four on the road, but then enjoy a three-game homestand.

So, by Nov. 11, they’ll have played 13 games at home and just five on the road.

One gets the sense that the seat is getting hotter for Alain Vigneault by the day. Fair or not, it might feel like it’s boiling if the Rangers are still a wreck in mid-November.

(If he still has a seat at the table, at all.)

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

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Devils fans help singer who forgot words to national anthem (Video)

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The biggest save of the night at Prudential Center on Friday didn’t come from either goaltender, but rather New Jersey Devils fans in attendance for their game against the San Jose Sharks.

Lauralie Mufute began singing the national anthem but midway through forgot the words. That’s when the crowd of 14,381 picked up where the 14-year-old left off and finished the song.

A great job by the crowd in what certainly was a terrifying moment for the young performer.

These flaps happen, as we’ve seen many times before in different situations. It’s always good to know the crowd can act as backup singers in times of need.

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.