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.”

NHL schedules hearing with Orpik over Maatta hit

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Brooks Orpik‘s late hit in Game 2 on Saturday might keep him out of Monday’s contest.

At the very least, the NHL Department of Player Safety intends to discuss the matter with Orpik today, per the department’s Twitter feed.

The incident occurred early in the first period when the Capitals forward smashed into Olli Maatta. The Penguins blueliner collapsed and needed some assistance getting off the ice. He didn’t return to the game.

You can see that hit below:

“I thought it was a late hit,” Penguins coach Mike Sullivan told CSN Mid-Atlantic. “I thought it was a target to his head. I think it’s the type of hit everyone in hockey is trying to remove from the game.”

The Penguins didn’t have an update on Maatta’s condition immediately following the contest.

‘I don’t know if it has sunk in yet,’ Jets GM Cheveldayoff gets lucky with draft lottery

Kevin Cheveldayoff, general manager of Winnipeg Jets, speaks to members of the media after winning the second selection of the NHL hockey draft lottery in Toronto, Saturday, April 30, 2016. (Chris Young/The Canadian Press via AP) MANDATORY CREDIT
The Canadian Press via AP
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The Toronto Maple Leafs may have won the draft lottery, but an argument can be made that the luckiest team last night was the Winnipeg Jets.

After all, Toronto had the best odds to get the top pick, but Winnipeg jumped from sixth to second in the draft order.

“I don’t know if it has sunk in yet,” Jets GM Kevin Cheveldayoff told the Winnipeg Sun. “I was doing my scrum at the end (of the show) with the media that was here, I said at one point, ‘Moving from six to two…’ and I had to catch myself and go through the mental notes in my head that it had just really happened.”

It’s likely, though not guaranteed, that the Maple Leafs will take Auston Matthews with the first overall pick. Assuming that’s the case, moving up to the second overall pick means that Winnipeg will have the option of choosing one of the two promising Finnish forwards available: Patrik Laine or Jesse Puljujarvi.

That’s potentially a big break for Winnipeg, especially after this campaign where the Jets went from making the playoffs for the first time since relocating to posting a 35-39-8 record. Through five campaigns in Winnipeg, the Jets have missed the playoffs four times.

The last time this franchise drafted this high was back when the then Atlanta Thrashers took Kari Lehtonen with the second overall pick in 2002. That was the final year in a string of four straight drafts where the Thrashers always had the first or second selection. The previous three years they took Patrik Stefan (1999), Dany Heatley (2000), and Ilya Kovalchuk (2001).

Related: Shanahan: Leafs earned No. 1 pick ‘the hard way’

Here’s your Stanley Cup playoffs schedule for today

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After the Eastern Conference Game 2s played out on Saturday, we’re getting the Western Conference set today. You can watch the action via NBC Sports Group’s television and digital platforms.

Here’s a quick overview of where specifically you can watch the contests:

St. Louis at Dallas (3:00 p.m. ET)

If you want to watch the game on television, NBC is the channel to do that. If you want to stream the game with the NBC Sports Live Extra app, click here.

Nashville at San Jose (8:00 p.m. ET)

The game will be televised on NBCSN. You can also stream the contest by clicking here.

Here’s some relevant pregame reading material:

With Eaves injured, Nichushkin will play for Stars in Game 2

Hitchcock, Blues know they need to slow down the Stars … but can they?

Sharks swarm in the third period, take down Predators in Game 1

Speed, skill help Stars score late victory to take series lead over Blues

Video: Penguins coach takes issue with late, high Orpik hit on Maatta

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The Pittsburgh Penguins have spoken out against a late, high hit that Washington Capitals defenseman Brooks Orpik threw on Olli Maatta early in the first period of an eventful Game 2 on Saturday.

Maatta left and didn’t return. He played only 31 seconds, and the Penguins were reduced to five defensemen for a large portion of the game. Orpik was given a minor penalty on the play, but the league’s Department of Player Safety may see it differently.

The hit occurred well after Maatta had gotten rid of the puck. He struggled on his way to the dressing room for further evaluation.

Based on multiple reports, Orpik wasn’t made available to the media following the game, which went to the Penguins as they earned the split on the road.

But the Penguins have taken issue with the hit.

“I thought it was a late hit,” said Penguins coach Mike Sullivan, as per CSN Mid-Atlantic. “I thought it was a target to his head. I think it’s the type of hit everyone in hockey is trying to remove from the game.”