The Columbus Dispatch is reporting that the Franklin County Convention Facilities Authority closed on its purchase of Nationwide Arena yesterday in a transaction that’s expected to save the Blue Jackets $9.5 million a season and, more importantly, keep it from relocating until at least 2039.
That’s the plan anyway. (More on that later.)
The $42.5 million purchase of the downtown arena from Nationwide Realty Investors will be financed with county and city casino revenue (proving once again that gambling can solve everything).
It’s a good deal for the money-losing club, which was able to finagle a rent-free lease by doing what every savvy pro sports franchise does when times get tough – threatening to move.
Writes the Post: “City and county officials have said that their decision to buy the arena wasn’t about hockey; it was about protecting the Arena District that sprang up around Nationwide Arena after it opened in 2000. What was an empty landscape dominated by a closed, decaying prison is now home to apartments, condominiums, restaurants and offices. Nearly 10,000 people work there.”
Now, it’s worth noting that there’s a way for the Jackets to skip town before 2039 — they just have pay $39 million in damages. And while $39 million isn’t peanuts, if Columbus keeps hemorrhaging money, it might become a price worth paying to move to a more profitable market.
But let’s not worry about that now. Today is a good day for Columbus hockey fans, and those have been few and far between this season.
To celebrate the big news, the Jackets have signed goaltender Steve Mason to a 10-year, $50-million extension.
Report: Islanders cut first-rounder Barzal from camp
It seems Mathew Barzal has played in his last game in a New York Islanders’ uniform for a little while.
Barzal took part in the Islanders’ preseason finale against the Washington Capitals on Sunday, but after that contest the Islanders decided to return him to WHL Seattle, per Newsday’s Arthur Staple.
He was taken with the 16th overall pick in 2015 NHL Entry Draft. That selection was well-traveled as it originally belonged to the Pittsburgh Penguins, but was involved in the David Perron trade and then moved to the Islanders as part of Edmonton’s deal to get Griffin Reinhart.
Barzal is noteworthy for his skill and speed, but he may have slipped in the draft due to a knee injury he sustained during the 2014-15 campaign.
The Islanders also reassigned Kirill Petrov, Kevin Czuczman, Scott Mayfield, and Adam Pelech to the AHL’s Bridgeport Sound Tigers.
Torres offered in-person hearing, potentially setting up long suspension
The 33-year-old forward that has become known primarily for his controversial hits has once again put himself in the sights of the NHL’s Department of Players Safety. They confirmed that he was offered an in-person hearing following his hit on Jakub Silfverberg Saturday night. He declined the opportunity to meet with them face-to-face, but the offer itself is an important detail because it gives the league the option to suspend him for more than five games.
It certainly seems like the stage is set for a lengthy suspension. While Torres is not considered a repeat offender as his last suspension came more than 18 months ago, the NHL still retains the right to consider his history when deciding on this matter.
Among other incidents, he was once was banned from 25 games for his hit on Marian Hossa in 2012, although it was later reduced to 21 contests after an appeal. The NHL found that Torres was guilty of breaking three rules for that hit; namely interference, charging, and illegally hitting the head. The NHL is reviewing Torres’ latest incident for the same three violations.