Peter Karmanos Jr.

For Hurricanes, new investors don’t mean big-money players

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The Carolina Hurricanes will get a much-needed injection of cash from 10 new investment partners, but don’t expect them to be big players in free agency.

“We’d like to have the flexibility budget-wise to go to the top (of the salary cap), if we think we need to,” owner Peter Karmanos Jr. told reporters at a press conference. “But we’re not going to just throw money at players to get to the top of the range.”

Some of the $22 million Karmanos has raised will surely go towards paying down the team’s debt. According to a 2010 Forbes report, the Hurricanes’ debt/value ratio (80%) is the third highest in the NHL. Now guess which two teams had the highest level of debt. Yep, the Dallas Stars and New Jersey Devils. One already went bankrupt, the other is reportedly on the verge.

So good on Karmanos for getting investors on board. Particularly local investors.

“I really think it’s important for a sports team to be owned by local people,” he said. “When the day comes that I’m going to get out of the business, we’ll have lots of people who have some direct experience who actually live here.”

The good people of Hartford must be so happy for the good people of Raleigh.

Already without Eberle, the Oilers could also be missing Hall tonight

Taylor Hall
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Taylor Hall is sick and reportedly “doubtful” for tonight’s game in Dallas.

Hall did not skate with the Oilers this morning. If he can’t play, Edmonton’s top two lines against the Stars could feature Ryan Nugent-Hopkins between wingers Teddy Purcell and Benoit Pouliot, followed by Connor McDavid centering Lauri Korpikoski and Nail Yakupov.

The Oilers — forced to start the season without top-six winger Jordan Eberle — have scored just once in their first two games, losing 3-1 in St. Louis and 2-0 in Nashville.

Edmonton returns home after tonight’s contest to play St. Louis on Thursday. Then it’s back out on the road for games against Calgary and Vancouver.

Sabres waive d-man Donovan

HKN Sabres Senators
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Buffalo has put blueliner Matt Donovan on waivers, per Sportsnet.

Donovan, 25, signed a one-year deal with the Sabres on the opening day of free agency after spending his entire professional career with the Isles organization.

The fact he’s being waived isn’t a huge shock. Donovan failed to draw into a single Sabres game this year despite a whittled-down blueline; Jake McCabe, recently called up from AHL Rochester, drew into the lineup for Monday’s win over Columbus at the expense of Carlo Colaiacovo, who played the first two games of the year.

The fact both McCabe and Colaiacovo were ahead on the depth chart didn’t bode well for Donovan. Today’s move could also suggest that Zach Bogosian, who hasn’t played this year due to injury, is ready to return.