Report: Potential Coyotes owner might lack money to run the team


Considering the arduous journey to get there, it’s understandable that some view a completed Phoenix Coyotes sale as a “finish line” of sorts. In reality, that would be just the beginning for the new owner.

Michael Sunnucks’ latest update explores the possibility that potential owner Greg Jamison might have trouble running the team even if he manages to complete the purchase.

Operating capital could be the newest obstacle facing the Jamison purchase and the Coyotes tenuous situation in Glendale, Ariz.

Essentially, the prospective Coyotes owner needs the money, financing or favorable sales terms so he can pay the bills, meet payroll and keep the lights on after a sale.

Sunnucks discusses a few other elements that could make affording the team more difficult.

There are indications that even if Jamison is able to bring together the cash and investors needed to buy the Coyotes, he still needs to raise extra capital to then operate the hockey team.

That may include dealing with a possible work stoppage if NHL players and owners can’t reach a new collective bargaining agreement and games are lost. There’s also the chance the Coyotes situation could come up as owners and players craft a new CBA.

Sunnucks circles back to the possibility that the NHL might lower its asking price or find a way to finance the deal creatively – such as putting aside some reserve money to help the Coyotes “pay vendors and meet payroll” – but that would require NHL approval.

The NHL is reportedly asking for $170 million in the sale after purchasing the team for $140 million in 2009.

Jason Demers tweets #FreeTorres, gets mocked

Los Angeles Kings v San Jose Sharks - Game One

Following his stunning 41-game suspension, it looks like Raffi Torres has at least one former teammate in his corner.

We haven’t yet seen how the San Jose Sharks or the NHLPA are reacting to the league’s hammer-dropping decision to punish Torres for his Torres-like hit on Jakob Silfverberg, but Jason Demers decided to put in a good word for Torres tonight.

It was a simple message: “#FreeTorres.”

Demers, now of the Dallas Stars, was once with Torres and the Sharks. (In case this post’s main image didn’t make that clear enough already.)

Perhaps this will become “a thing” at some point.

So far, it seems like it’s instead “a thing (that people are making fun of).”

… You get the idea.

The bottom line is that there are some who either a) blindly support Torres because they’re Sharks fans or b) simply think that the punishment was excessive.

The most important statement came from the Department of Player Safety, though.

Bruins list Chara on IR, for now

Zdeno Chara

Those who feel as though the Boston Bruins may rebound – John Tortorella, maybe? – likely rest some of their optimism on the back of a healthy Zdeno Chara.

It’s possible that he’s merely limping into what may otherwise be a healthy 2015-16 season, but it’s definitely looking like a slow start thanks to a lower-body injury.

The latest sign of a bumpy beginning came on Monday, as several onlookers (including’s Joe Haggerty) pointed out that Chara was listed on injured reserve.

As Haggerty notes, that move is retroactive to Sept. 24, so his status really just opens up options for the Bruins.

Still … it’s a little unsettling, isn’t it?

The Bruins likely realize that they need to transition away from their generational behemoth, but last season provided a stark suggestion that may not be ready yet. Trading Dougie Hamilton and losing Dennis Seidenberg to injury only make them more dependent on the towering 38-year-old.

This isn’t really something to panic about, yet it might leave a few extra seats open on the Bruins’ bandwagon.