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.”

Ducks deny rally, end Penguins’ winning streak

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When Ondrej Kase cashed in on another breakaway opportunity for the Ducks to make it 4-1 in the second period, it looked like that goal would be icing on the cake for Anaheim. Even if it would be especially pretty frosting.

Instead, that stylish goal ended up being critical, as the Pittsburgh Penguins nearly rallied in the third period to at least send Wednesday’s game to overtime. John Gibson ended up holding down the fort, and with an empty-netter in the dying seconds, the Ducks ended up beating the Penguins 5-3.

You could call it a game of periods and close calls.

The Penguins entered the first intermission thanks to a 1-0 Evgeni Malkin goal, but the Ducks dominated the middle frame with their first four-goal period of 2017-18. The Penguins’ prolific power play helped them stay in the game (2-for-4, with both goals coming during that third-period comeback bid), but the rally fell short. Pittsburgh’s winning streak ended at four victories.

Some bounces went both ways, as Antoine Vermette nearly scored for the Ducks while Carl Hagelin suffered a near-miss. So maybe those missed opportunities cancel each other out?

From the Ducks’ perspective, this is the latest argument in favor of this team being a threat now that key pieces have returned to the lineup. This win begins what they hope is a successful five-game homestand, as Anaheim still needs to battle for its own playoff hopes.

The Penguins can’t ruminate on this loss for very long. They head to Los Angeles to face what must be a frustrated Kings team (four straight defeats, only two wins in their last eight games) on Thursday, with little reason to expect any mercy.

This last stretch of wins improved the Penguins’ outlook, but dropping games in back-to-back nights could make things tense again in a hurry. You can check out that Penguins – Kings game on NBCSN Thursday.

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.

Willie O’Ree celebrates 60th anniversary of debut with Bruins

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BOSTON (AP) Hockey pioneer Willie O’Ree was honored in Boston on Wednesday on the 60th anniversary of the Bruins forward breaking the NHL’s color barrier.

At a news conference at the TD Garden before the Bruins game against the Montreal Canadiens, Mayor Marty Walsh declared Jan. 18, 2018 to be “Willie O’Ree Day”. O’Ree made his debut in 1958 during a 3-0 victory against the Canadiens at the Forum in Montreal.

Walsh called O’Ree a Boston legend who changed the city for the better and thanked him for his courage. As part of the celebration, the city dedicated a new street hockey rink in the Allston-Brighton neighborhood to be known as Willie O’Ree Rink.

A native of Canada, O’Ree, 82, had four goals and 10 assists in 45 games over parts of two NHL seasons. He spent a total of 21 years in pro hockey.

For the past two decades, O’Ree has served as the NHL’s Diversity Ambassador, spreading the message that hockey is for everyone.

More AP NHL hockey at https://apnews.com/tag/NHLhockey

Bruins cruise vs. Canadiens in Julien’s return to Boston

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Don’t blame Claude Julien if Wednesday made him think of better times, and not just because it was his welcome back night in Boston.

Coming into this one, it was a tale of two teams going in opposite directions, and the teams stuck to their scripts. The Boston Bruins remain red-hot with a 4-1 win, while the Montreal Canadiens are mired in mediocrity .. or worse?

When you’re as disappointing as the Canadiens have been, plenty of things are going wrong. It was a weak start even with a 1-0 lead and 1-1 first period in mind, and it obviously didn’t get any better.

Nights like these have to sting for Julien, a coach known for his sophisticated systems and eye for defensive detail.

There are questions about Max Pacioretty possibly being trade bait. People wonder if Jonathan Drouin or Alex Galchenyuk fit as centers, or if neither work that way. Yet, these performances make you realize that as exasperated as management must be, they may also appreciate more specific distractions.

Because, frankly, this was a team … non-effort.

Then again, the Bruins are a red-hot squad, so maybe they shine an especially harsh light on the Habs’ haplessness?

Boston generated a 32-22 shots on goal advantage in this one, with multiple contributors stepping up. Big guns came through (Brad Marchand and David Pastrnak were among the goal scorers, Patrice Bergeron collected two assists), while David Backes and others added to the fun.

It was the kind of effort Julien would have been very happy with, if it didn’t come at his expense.

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.

WATCH LIVE: Pittsburgh Penguins at Anaheim Ducks

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PROJECTED LINEUPS

Pittsburgh Penguins

Dominik SimonSidney Crosby — Daniel Sprong

Carl HagelinEvgeni MalkinPatric Hornqvist

Conor ShearyJake GuentzelPhil Kessel

Tom KuhnhacklRiley SheahanRyan Reaves

Brian DumoulinKris Letang

Olli MaattaJustin Schultz

Matt HunwickJamie Oleksiak

Starting goalie: Tristan Jarry

[NHL on NBCSN doubleheader: Canadiens vs. Bruins; Penguins vs. Ducks]

Ducks

Rickard RakellRyan GetzlafCorey Perry

Derek GrantRyan KeslerJakob Silfverberg

Nick RitchieAdam HenriqueOndrej Kase

Chris WagnerAntoine VermetteJ.T. Brown

Cam FowlerKevin Bieksa

Hampus LindholmJosh Manson

Francois BeaucheminBrandon Montour

Starting goalie: John Gibson