Nationwide Arena

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.”

John Gibson has been terrific since the start of 2017

PITTSBURGH, PA - OCTOBER 09:  John Gibson #36 of the Anaheim Ducks protects the net during the season opener against the Pittsburgh Penguins at Consol Energy Center on October 9, 2014 in Pittsburgh, Pennsylvania.  (Photo by Justin K. Aller/Getty Images)
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By trading Frederik Andersen to Toronto, the Anaheim Ducks were essentially crowning John Gibson as their starting goaltender, but he didn’t get off to such a hot start.

Gibson dropped his first three decisions of the season and it took a while for him to look comfortable as the go-to guy for the Ducks.

It’s not totally unexpected that a 23-year-old goalie would struggle to find consistency in his first full year as a starter, but Gibson and his team were able to weather the storm and it’s paid off in a big way.

He’s been terrific since late-December and that continued on Sunday, as he made 24 saves in a 1-0 shutout win over the rival Kings.

Since Dec. 27, Gibson has put up a 1.98 goals-against-average and a .934 save percentage. Both those numbers are tops in the NHL. He also leads all goalies in shutouts after Jan. 1 with four.

“This time of the season, that’s the way it’s going to be,” Gibson said after the win over Los Angeles, per NHL.com. “Going into the playoffs and towards the end of the year, games are going to be tight. There’s not much room for error, so you have to be pretty good.”

Anaheim is currently in third in the Pacific Division with 72 points in 60 games. They have the same amount of points as second-place Edmonton, but the Oilers have a game in a hand. Both the Ducks and Oilers trail the division-leading Sharks by five points.

If Gibson can continue playing the way he is right now, he’ll give his team a shot at the division crown or at least home ice advantage.

PHT Morning Skate: ECHL jersey retirement ceremony goes embarrassingly wrong

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–Coming into this season, not many people thought of Sidney Crosby as a goal scorer. But if you look at the numbers closely, you’ll see that he can fill the net with the best of them. How does he do it? His wrist and snap shots are deadly. He scores 47.4 percent of his goals on those two shots. (Sports Illustrated)

–Blackhawks prospect Alex DeBrincat dropped to the second round because of size (he’s 5-foot-9), but that hasn’t stopped him from putting up incredible OHL numbers. Even though he’s small by NHL standards, his former junior teammate, Connor McDavid, has no doubt that he can succeed at the next level. “He knows where the net is. He finds a way to score basically every night. He’s got a great shot. He’s one of the feistiest guys I’ve ever played with. It’s really remarkable about what he’s been able to do.” (CSN Chicago)

Charlie Coyle‘s 88-year-old grandma got to watch him play Xcel Energy Center for the first time and she was thrilled about it. She joined the Wild broadcast to talk about her grandson. FYI, this sweet lady went skydiving for her 80th birthday! (NHL.com)

–The beauty of the NHL is that anybody can beat anybody on any given night and the Detroit Red Wings proved that on Sunday with their big 5-2 win over the Pittsburgh Penguins. You can watch the highlights of that game by clicking the video at the top of the page.

–Retired pilot Ron Daley is 80 years old, but he still manages to play ice hockey. The “veteran” goalie plays in a suburb of Montreal every Monday afternoon and he’s having a blast. “Everybody I know who plays hockey loves the game, just like me, and would love to play as long as they can. If they let them play on crutches, they’d probably still be playing.” (Montreal Gazette)

–Gare Joyce of the New York Times wrote a great piece about the challenges of being a scout in the NHL. They log a lot of miles, watch a lot of games, but they can quickly get lost in the shuffle over the years. Joyce writes about a scout named Fred, who worked hard, won a Stanley Cup, but couldn’t find work after he was let go by his team. (New York Times)

–Be careful what you predict in a newspaper. One KHL reporter learned that the hard way after he predicted that Dinamo Minsk wouldn’t qualify for the playoffs. Once they secured a spot in the postseason, the reporter sat down and ate the article he wrote. Seriously. (Yahoo)

–The ECHL’s Fort Wayne Komets retired Colin Chaulk’s number prior to their game on Saturday night. That’s a very special honor for any player at any level, but this jersey retirement ceremony went terribly wrong. The banner was unveiled upside down, but the team decided to go ahead with the ceremony anyway. General manager David Franke referred to it as “the most embarrassing thing I’ve been part of in 27 years with the club.” (BarDown)

Johansen is a ‘little disappointed’ the Blue Jackets didn’t recognize him in return to Columbus

NASHVILLE, TENNESSEE - JANUARY 19:  Ryan Johansen #92 of the Nashville Predators skates against Jonathan Toews #19 of the Chicago Blackhawks during the first period at Bridgestone Arena on January 19, 2016 in Nashville, Tennessee.  (Photo by Frederick Breedon/Getty Images)
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Ryan Johansen played 309 games with the Columbus Blue Jackets before a blockbuster trade to Nashville last January.

On Sunday, he finally made his return back to Columbus as a member of the Predators. However, he did not receive any sort of tribute whatsoever from the team that originally selected him fourth overall in the 2010 draft, and that is something that apparently bothered him.

“I am a little disappointed they didn’t put anything on the Jumbotron and say ‘thank you’ or anything like that,” Johansen told the Columbus Post-Dispatch. “I think we all know who made that call, but whatever.”

While Johansen enjoyed some productive seasons with the Blue Jackets, his time in Columbus, particularly his final months, were dogged with contentious headlines about his contract negotiations with the club and then his working relationship with coach John Tortorella.

Johansen, now 24 years old, has nine goals and 40 points in 58 games this season for Nashville. Currently in the final year of his three-year, $12 million contract, he’s a restricted free agent at the end of this season.

Make that four straight wins for the Bruins

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Brent Burns turned in a dominating performance. But Brad Marchand had the last laugh.

Marchand scored his 25th goal of the season and, more importantly, the overtime winner for the Boston Bruins as they defeated the San Jose Sharks 2-1 on Sunday.

That’s Boston’s fourth consecutive win since the controversial coaching change — which took another twist earlier in the week when the rival Montreal Canadiens fired Michel Therrien and hired Claude Julien. Off a defensive zone faceoff, Marchand bolted up the ice for the breakaway pass, on what appeared to be a set play, beating Martin Jones through the legs.

The Bruins move back into third in the Atlantic Division, and are now only four points back of the faltering Habs for first.

Meanwhile, the Sharks were unable to fully capitalize on another freakish Brent Burns outing. He’s been dubbed ‘an unstoppable force’ in recent posts at PHT — a defenseman possessing great size at six-foot-five-inches tall and 230 pounds, but no shortage of mobility and offensive talent with 27 goals and 64 points in 60 games. Um, and did we mention he’s a defenseman. . . ?

Against the Bruins, he had 20 shot attempts — by far the most of any player in this game — in just over 26 minutes of ice time.

Given the final score, that probably doesn’t mean much to Brad Marchand.