Report: Even with big playoff success, Coyotes would lose money in Glendale

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Former San Jose Sharks CEO Greg Jamison might be the best ray of hope for the Phoenix Coyotes* to stay in that area, but that doesn’t mean it’s a perfect situation for the City of Glendale. An Arizona Republic study of the latest proposal shows that even a lengthy run of playoff success might not make the team profitable.

Prepare for a disturbing (yet abridged) rundown of the dire financial situation for Glendale and the Coyotes, even if it’s not quite shocking.

A Republic analysis revealed that even if the Coyotes went to the Stanley Cup Finals for the next 20 seasons and the arena booked 30 sold-out concerts each year for the next 20 years, Glendale could still expect to lose about $9 million annually.

That figure does not include the city’s annual arena debt payments, which will average about $12.6 million a year over the next 20 years.

Longtime Glendale Mayor Elaine Scruggs, who has said next year’s budgeted $17 million arena management fee is too steep, said Monday she cannot support the deal.

It pretty much keeps getting worse for Glendale/the Coyotes in this report, including a bit where Mayor Scruggs points to dispiriting developments such as the fact that the city “won’t see the construction of new city facilities or park upgrades for at least the next five years.”

It’s not about losing, but how much they lose

Here’s the thing, though. Saying the Coyotes probably won’t be “profitable” seems to belabor the point. The real important factor here is for Glendale; the city is likely to lose a significant amount of money one way or another. Depending on a new deal, the Coyotes have the potential to limit those losses, which is something that tends to get lost in all the doom and gloom.

Yes, it’s a bummer of a situation, but ultimately it might come down to a decision that is the lesser of many evils. Let’s not forget that – ignoring admittedly important factors like market factors and arena details – the Buffalo Sabres and Pittsburgh Penguins seemed doomed going into the last summer of CBA negotiation, too.

Still, it’s a complicated and potentially worrisome situation, but hopefully a best case scenario resolution comes to fruition once all the smoke clears.

* Or maybe Arizona Coyotes?

A challenging offseason awaits Dean Lombardi

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For the 23rd time this season — the most in the NHL — the Los Angeles Kings lost a game where they outshot an opponent.

It happened last night in Edmonton, where the Kings outshot the Oilers, 35-29, but lost on the scoreboard, 2-1.

Afterwards, captain Anze Kopitar could only express his frustration.

“It seems like we’re beating the dead horse every night,” Kopitar said, per LA Kings Insider. “We outshoot teams, we out-chance teams yet we’re on the other side of the winning part so bottom line it’s just not good enough. Whether that’s offensively or defensively, we’ve got to be better in both areas.”

It’s mostly offensively. For whatever reason, the Kings have the second-worst shooting percentage (7.6) in the NHL — oinly Colorado’s (7.2) being lower.

Perhaps the Kings aren’t getting enough quality shots. Perhaps they don’t have enough quality shooters.

Probably a bit of both.

But it’s something that GM Dean Lombardi will need to address this offseason — assuming he can.

Roster-wise, the big problem for Lombardi is that the Kings have a pair of veteran wingers, Dustin Brown and Marian Gaborik, whose contracts look a lot like anchors.

Brown, 32, and Gaborik, 35, have combined for just 21 goals this season. Meanwhile, their combined cap hit is north of $10 million, and there’s plenty term left on each deal.

Not helping? Both Tyler Toffoli and Tanner Pearson are pending RFAs, and they’re in line for raises.

Oh, and there’s not much in the way of top prospects, either. In the past four drafts, only once have the Kings made a first-round pick. (Adrian Kempe went 29th overall in 2014.)

Eleven points back of the second wild-card spot in the West, the Kings are all but mathematically eliminated from the playoffs. They’re in Calgary tonight to take on the Flames.

Related: Kings give another kid a look, recall AHL All-Star Brodzinski

Glendening done for year with fractured ankle, may need surgery

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What began as a promising season for Detroit’s Luke Glendening has ended on a sour note.

Glendening — signed in the offseason to a four-year, $7.2 million extension — suffered a fractured ankle in last night’s loss to Carolina, and is done for the year.

Wings GM Ken Holland announced the news on Wednesday, adding that the club wasn’t sure if Glendening would require surgery or not.

Glendening, 27, earned his extension after putting up a career-high 21 points in 81 games during the ’15-16 campaign. This year proved to be a frustrating one, though, at least in terms of offense — Glendening found the back of the net just three times in 74 games, and went nearly three months between tallies during the season.

His ice time also took a hit. After averaging over 14 minutes per night in each of the last two seasons, Glendening received just 12:55 TOI per.

 

Report: Wild land Gophers captain Kloos, in on Hobey Baker finalist Vecchione

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Minnesota could soon have a couple more additions to its impressive prospect pool.

Per the Star-Tribune’s Mike Russo, the club has agreed to terms with University of Minnesota senior Justin Kloos on a two-year, $1.4 million entry-level deal. Kloos — like another prospect that just left school, former first-round pick Luke Kunin — will report to AHL Iowa on an amateur tryout, and his ELC will kick in next year.

Kloos, 23, captained the Gophers to the NCAA championships this year, racking up 43 points in 38 games. Russo reported the undrafted free agent had “a bunch of offers” from NHL clubs including Calgary, Vancouver and San Jose.

And the Wild might not be done there.

In the same report, Russo also notes the Wild are “heavily in” on Union’s Mike Vecchione, widely regarded as one of the top UDFAs available in this year’s collegiate class.

Vecchione, a senior, finished third in the country this year with 62 points in 36 games en route to a Hobey Baker nomination. He’s captained Union in each of the last two seasons and is the reigning ECAC player of the year. The 24-year-old has been tied to the Flyers, given he has some familiarity with the organization and attended the club’s prospect development camp last summer.

These have to be exciting times for the Wild (if you ignore the fact they’re mired in an awful slump). Landing Kloos and the potential of getting Vecchione would, as mentioned above, add to a stable that includes Kunin, Russian Kirill Kaprizov, Sweden’s Joel Eriksson-Ek and Kunin’s U.S. junior teammate, Jordan Greenway, who all showed extremely well at the world juniors.

Speaking of Eriksson Ek, he’s up with the Wild now after being brought over from the Swedish League. Wild GM Chuck Fletcher is hopeful the 20-year-old — taken in the first round of the ’15 draft — can provide Minnesota with “a little shot in the arm.”

Hobbled Penguins hoping to be ‘healed up right around playoff time’

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PITTSBURGH (AP) Ron Hainsey arrived in Pittsburgh from Carolina a month ago on the verge of reaching the playoffs for the first time in his 14-year career.

The durable defenseman found an odd but perhaps apt way to fit in with his new team: He got hurt. Ten games into his tenure with the Penguins, Hainsey went down with an upper-body injury to join an increasingly long line of familiar faces watching in suits from the press box rather than wearing sweaters on the bench.

“Injuries happen,” Hainsey said on Tuesday after skating with his teammates, an important step toward his hopeful return before the postseason begins next month. “Obviously, this team we have a lot of them.”

So many to so many bold-faced names — from Hainsey and fellow defensemen Olli Maatta, Trevor Daley and Kris Letang to star center Evgeni Malkin and energetic young forwards Jake Guentzel and Conor Sheary — that it’s remarkable the defending Stanley Cup champions have been able to hang around in the chase for the Metropolitan Division and the Presidents’ Trophy.

“It’s been crazy around here,” said defenseman Justin Schultz, one of only five players to miss fewer than five games so far. “You see so many guys walking around, it’s wild.”

The wear and tear from trying to keep it together with a threadbare lineup, however, is beginning to show.

Pittsburgh’s hopes of catching first-place Washington took a hit during a third-period implosion on Sunday night at home against Philadelphia as the Flyers poured in four goals over the final 20 minutes of a 6-2 win that left the Penguins three points behind the Capitals with seven games to go.

It was a rare forgettable night in a season that’s showcased both the brilliance of center Sidney Crosby (who’s 42 goals lead the league) and the laser focus preached by coach Mike Sullivan.

There have been few signs of a Stanley Cup hangover. The Penguins have the fewest home losses in the league and they’ve kept Washington and Columbus within arm’s reach despite the kind of health issues their two rivals have largely avoided.

The key now, even with players on the verge of returning, will be keeping it going. While the odds of Pittsburgh emerging from the three-way race – and avoiding a first-round matchup against the other runner-up – are iffy at best, don’t expect the Penguins to ease up in an effort to rest for the playoffs.

“Our experience has been that you just don’t flip a switch and turn it on,” Sullivan said. “We’re going to have to go into each game with a mindset of trying to win.”

Pittsburgh went 8-2 over its final 10 games of the regular season last spring then rolled to the franchise’s fourth championship. Putting together another surge will be difficult, though there were promising signs during a crowded post-practice dressing room.

Sheary, who left the loss to the Flyers with a lower-body injury, practiced on Tuesday and should play on Wednesday when Chicago visits. Jake Guentzel, who suffered a concussion last week after getting hit illegally by Buffalo’s Rasmus Ristolainen, skated but no timetable has been set for his return.

The rookie, who struggled getting off the ice after being leveled by Ristolainen, called the hit “just a hockey play,” though it ended with Ristolainen receiving a three-game suspension.

The line of Guentzel, Sheary and Crosby had almost single-handedly kept Pittsburgh’s offense going with Malkin out. They’re optimistic they’ll get a chance to recreate the mojo before the regular season ends.

“You don’t want to limp into the playoffs, losing a few games,” Sheary said. “I think momentum is a huge thing in this game. If you’re playing well going into the playoffs, I think that carries over big time.”

Getting familiar faces back in the lineup before mid-April is critical.

On that front at least, the Penguins appear to have been spared. It seems everyone has a chance to be in uniform when things get going for real.

“It seems like all the injuries are supposed to be healed up right around playoff time,” Sheary said.

“Hopefully we can get those guys back and use it to our advantage.”