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Calgary businessman’s cash bid to buy St. Louis Blues shot down

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The St. Louis Blues have been saying throughout the summer that they felt they could get a deal done to sell the franchise. Current owner Dave Checketts is looking to get out of the game and give the opportunity to buy the team to someone else.

One person who wanted to buy the Blues was Calgary businessman Max Chambers. Chambers is the CEO of Sonoma Equities and Great Northern Capital Partners and worth a bit of a money himself. Chambers had a hefty bid to put in for the Blues, but was told that it just wasn’t good enough.

Jeremy Rutherford of The St. Louis Dispatch has the story about how Chambers’ all cash bid just wasn’t up to snuff for Checketts and his company, SCP Worldwide. Chambers gives his take.

“The offer of $167 (million) was my maximum,” Chambers said. “We think that’s the most they’ve been offered. Obviously they haven’t been offered $190 because $190 was the figure to take it off the auction block. I don’t think anyone has over-topped our offer of $167.

“I think $190 is a little aggressive with the value of the franchise. We felt $167 was aggressive, so their counter at $190 was real aggressive in our view.”

Playing a game of chicken when it comes to buying a team is a fun way to negotiate but Chambers’ bid isn’t the only one out there for the team. A group that involves Hall of Famer Bryan Trottier is also out there for the Blues to examine a bid from. Whether or not they’re looking at paying the $190 million asking price remains to be seen.

Still, turning down an all cash bid like that either shows the Blues have a better offer elsewhere or they’re going to hold a hard line to get the money they’re looking for. If the Blues are looking to make their own deadline, let’s hope that it’s the former rather than the latter so the NHL can avoid having yet another ownership debacle to deal with.

Here’s your Stanley Cup playoffs schedule for tonight

Stanley Cup
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The Stanley Cup playoffs continue with two games on Friday night. You can catch tonight’s games via the NBC Sports Group’s television and digital platforms.

St. Louis at Dallas (8:00 p.m. ET)

The TV broadcast of Game 1 will be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

Nashville at San Jose (10:30 p.m. ET)

The TV broadcast of Game 1 will also be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

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Blues best Blackhawks in epic Game 7

Report: NHL, NHLPA agree on expansion draft rules

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
Associated Press
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The NHL and NHLPA have agreed on the framework for a potential expansion draft, according to TSN’s Gary Lawless.

Last month, we found out what each team will be able to protect if ever the NHL adds expansion franchises. Bill Daly made it clear that each existing team would only lose one player per expansion team coming into the league. More specifically, teams would be allowed to protect seven forwards, three defensemen, and a goalie or eight skaters (any position).

Although this agreement between the league and PA doesn’t guarantee expansion will happen, it does ensure that one major step is out of the way if ever the league decided to add a team or two.

The agreement between the two sides also includes an expansion scenario for players with no-trade or no-movement clauses in their contracts.

Here’s an excerpt from Lawless’ story:

The NHL has hundreds of steps to go through before expansion can potentially become a reality and getting an agreement with the NHLPA was viewed as near top of the list. The executive committee would not have recommended expansion to the NHL’s board of governors for the purpose of a vote without an agreement in place with the NHLPA, and in particular, a resolution on how existing no-trade and no-move clauses will be handled.

Las Vegas and Quebec City have been mentioned as two potential destinations for  expansion franchises in the near future. As Lawless mentions in his story, NHL general managers were told to expect a decision on expansion for 2017-18 by the NHL Entry Draft in June.

Related:

NHL insists ‘no final decisions’ have been made on expansion.

Daly: Teams can only lose one player per expansion team

‘Roster chaos’: Let’s ponder some possible expansion draft scenarios

PHT Morning Skate: Nick Foligno pulled off an awesome prank on Cam Atkinson

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PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.

John Tavares and Steven Stamkos once played on the same youth team. That team went 49-0-1. (Newsday)

–Which team deserves to win the NHL Draft lottery? (Winnipeg Sun)

–Rick DiPietro wasn’t happy about something Mike Francesca said. (BarDown)

–Watch the highlights from last night’s game between the Capitals and Penguins. (Top)

Nick Foligno pretended to be a season ticket holder and pranked Cam Atkinson. Funny stuff.

–Prior to Game 1 between the Penguins and Capitals, T.J. Oshie‘s daughter was filmed kicking a Penguins poster. Maybe she should do it more often because her father scored a hat trick just a few hours later. (Instagram)

–Brett Hull says “goals don’t matter” when you play for Ken Hitchcock. (Sportsnet)

Oshie’s hat trick lets Caps just barely squeak by Penguins in OT

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What a start.

This series between the Pittsburgh Penguins and Washington Capitals might be headlined by Sidney Crosby and Alex Ovechkin, but as many have said in the lead-up to tonight’s opener, there is so much more to this second round matchup than that. Washington’s 4-3 overtime victory in Game 1 tonight could be offered up as Exhibit A.

This game had everything except big offensive showings from Crosby and Ovechkin. They had their moments, but in the end combined for just one assist.

What we got instead was a hat trick by T.J. Oshie that was completed with a game-winning goal that made it past the line by such a narrow margin that it warranted a video review:

This game also featured a sequence of three goals in 90 seconds and yet also some great saves by goaltenders Braden Holtby and Matt Murray. At the other end of the spectrum, there was a controversial hit by Tom Wilson that might lead to a suspension.

There was even some odd stuff. Like how Jay Beagle got a stick stuck in his equipment.

Twice:

If this game sets the tone for the rest of the series, then we should be in for a closely contested, highlight filled affair.

NOTES:

Nick Bonino had a goal and an assist for the Penguins. Evgeni Malkin and Ben Lovejoy accounted for the Penguins’ other markers.

— Capitals forward Andre Burakovsky scored the game’s opening goal. It was his first marker of the 2016 playoffs.

— Washington outshot Pittsburgh 15-9 in the first period, but Pittsburgh ended up with a 45-35 edge.

— This is the first time in the 2016 playoffs that Braden Holtby has allowed more than two goals. He surrendered just five goals in six games to Philadelphia.

— Matt Murray suffered his first career postseason loss after winning three straight contests against the New York Rangers.