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.”

Hedman still isn’t ready to return for ‘desperation mode’ Lightning

WASHINGTON, DC - DECEMBER 23: Victor Hedman #77 of the Tampa Bay Lightning holds his arm against the Washington Capitals during the second period at Verizon Center on December 23, 2016 in Washington, DC. (Photo by Patrick Smith/Getty Images)
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Whatever “illness” is bothering Tampa Bay Lightning defenseman Victor Hedman must be pretty bad, as he’ll miss his third straight game as the Bolts visit the Sharks in San Jose tonight.

Lightning head coach Jon Cooper said the team (which he considers in “desperation mode”) will evaluate Hedman on a game-by-game basis, according to the Tampa Bay Times. Hey, for a squad dealing with as many injuries as Tampa Bay has been this season, it’s probably refreshing to say “game-by-game” instead of “day-to-day.”

To Tampa Bay’s credit, they’ve begun a potentially harrowing road stretch reasonably well, especially considering Hedman’s absence. Let’s look at it as a whole:

Monday: 2-1 win at Kings
Tuesday: 2-1 OT loss at Ducks
Tonight: at Sharks
Saturday: at Coyotes
Tuesday, Jan. 24: at Blackhawks
Thursday, Jan. 26: at Panthers
Tuesday: Jan. 31: begin four-game homestand vs. Bruins

That’s a pretty challenging way to head into March, especially without one of the best defensemen in the NHL. The Bolts have to hope he gets over this sickness (or unspecified injury?) soon enough.

NHL explains new All-Star Skills Competition event

LOS ANGELES, CA - JANUARY 13:  Fans arrive for the game between the Los Angeles Kings and the St. Louis Blues at the Staples Center on January 13, 2011 in Los Angeles, California.  (Photo by Bruce Bennett/Getty Images)
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We wrote yesterday about the NHL’s plans to replace the “Breakaway Challenge” at the All-Star Skills Competition with something called the “Four Line Challenge.”

Today, the league explained how the new event will work:

This event involves four shooters from each team. Each shooter will shoot from one of four shooting positions; near blue line, center line, far blue line and far goal line.

The first shooter from each team takes two shots from the near blue line in an attempt to score goals in either the upper left or upper right corner of the net. Successful shots score one point for their team.

The second shooter from each team takes two shots from center ice in an attempt to score goals in one of the four corners of the net. Successful shots in the lower corners score one point and successful shots in the upper corners score three points for their team.

The third shooter from each team takes two shots from the far blue line in an attempt to score a goal in one of the four corners of the net or the five hole. Successful shots in the lower corners or five hole score one point and successful shots in the upper corners score five points for their team.

The fourth shooter from each team takes two shots from the far goal line in an attempt to score a goal in the five hole. Successful shots score 10 points for their team. Captains can substitute the fourth shooter with a goalie. A successful shot by a goalie is awarded 20 points for their team.

In addition, the first All-Star to score two goals in the five hole from the far goal line will win the new 2017 Honda CRV.

Sounds like fun.

Or at the very least, worth a try.

The skills competition will take place on Saturday, Jan. 28, at Staples Center in Los Angeles.

Each all-star will compete in at least one of the six contests: the skills challenge relay, the four-line challenge, accuracy shooting, fastest skater, hardest shot, and the shootout.

Minor-league team involved in rollover bus crash

COLUMBUS, GA - MARCH 13:  Shannon Szabados #40 of the Columbus Cottonmouths watches the action from the bench at Columbus Civic Center on March 13, 2014 in Columbus, Georgia. The Pensacola Ice Flyers defeated the Columbus Cottonmouths 5-0. (Photo by Todd Kirkland/Getty Images)
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The Columbus Cottonmouths, a Georgia-based team in the Southern Professional Hockey League, was involved in a rollover crash on Thursday afternoon while traveling to an away game in Peoria.

Per the Peoria Journal-Star, the charter bus carrying the team crashed on Interstate 74 and all 24 passengers — players, coaching and traveling staff — were transported to hospital.

More:

Two had to be extricated from the vehicle and were transported immediately to the hospital, while the others followed later in another bus. Morton Fire Chief Joe Kelley said his firefighters had to cut out holes in the top of the bus to remove the two. The rest were able to get out on their own.

Twenty-three of the bus’s occupants were taken to OSF Saint Francis Medical Center. Three were considered trauma patients and listed in serious condition, though OSF media relations coordinator Shelli Dankoff described their injuries as non-life threatening. The remaining 20 patients were not seriously injured. Some had already been treated at release shortly after 3 p.m. and were waiting for transport to their hotel.

The Cottonmouths have since followed up with a release, confirming all players have been accounted for and that there are no life-threatening injures to players, staff or personnel.

Pre-game reading: About that time Donald Trump considered buying the Panthers

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— Up top, Bob McKenzie discusses Paul Maurice’s status in Winnipeg. Is the Jets’ head coach on the hot seat?

— Did you know that Donald Trump once considered buying the Florida Panthers? He never did buy them, of course, but the Miami Herald’s George Richards recalls the time, “around 2000,” when Trump kicked the tires on the hockey club. The Panthers, oddly enough, are now owned by Trump’s nominee for Secretary of the Army, Vinnie Viola. (Miami Herald)

— From The Journal Star newspaper in Peoria, Illinois: “A charter bus carrying the Columbus Cottonmouths team was in a rollover crash on Interstate 74 on Thursday afternoon as the Southern Professional Hockey League team was on its way into Peoria for a weekend series against the Peoria Rivermen.” Fortunately, there don’t appear to be any serious injuries — just some “bumps and bruises,” according to the team’s co-owner, Bart Rogers. However, two people were reportedly taken to the hospital in an ambulance. (Journal Star)

— The Washington Post spoke to Braden Holtby and Philipp Grubauer about the new streamlined pants that all NHL goalies must start wearing by Feb. 4. While Holtby isn’t too concerned about the changes, Grubauer had this to say: “I understand you want to get the game more exciting for the fans, but there’s a fine line between making the gear smaller and also keeping the goalies protected. If too many guys get hurt with those, it’s not a good thing. … What do you want to take away next? Goalies without sticks? Without skates?” PHT prediction: They’ll let goalies keep their skates on.  (Washington Post)

— An encouraging update from Bryan Bickell, who was diagnosed with MS in November. The Hurricanes forward has been taking a drug called Tysabri, and the results have been good. “I’m feeling a lot better. I’ve been on the ice a couple times. … Different people react differently to different drugs and I’ve been reacting good and we’ll see how it goes.” (NHL.com)

— The Nashville Predators picked up “another teammate” on Friday, but they’re still not sure if “Mario” will last the season as their good-luck charm. (The Tennessean)

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Enjoy the games!