Think-tank sees bright future for Jets

3 Comments

Will the new Winnipeg Jets fare any better than the original franchise? The Conference Board of Canada, which is a think-tank based in Ottawa, believes it will.

As the Winnipeg Free Press reported, the group thinks the Jets’ situation will remain “rosy” from now until 2035. That’s due in part to Winnipeg being a growing city that the think-tank believes will reach a population of 1.1 million by 2035.

“You’d be like Calgary, Edmonton or Ottawa right now. You could easily carry the three franchises,” said Glen Hodgson, senior vice-president and chief economist with the conference board. He’s referring to the Canadian Football league Winnipeg Blue Bombers and the non-MLB affiliated Winnipeg Goldeyes’ baseball franchise in addition to the Jets.

“Each (Winnipeg) team needs to be aware of the market. The market is constrained now with just under 800,000 people, but it’s growing with good momentum (expected) over the next three to five years. The population is bigger and income levels have risen — the fundamentals are all aligning now for the Jets.”

Naturally, you need more than just a growing population and locals with disposable income to support a franchise. Fan loyalty counts for a lot, but that’s an area that the Jets have excelled so far. Not only has the MTS Centre already been sold out for at least the next two seasons, but the waiting list is 8,000 people long.

Another factor is the strength of the Canadian Dollar. The Canadian franchises have enjoyed a dollar that’s been at roughly par with the USD for a while but, as Hodgson pointed out, if the Canadian Dollar was ever to drop significantly, the smaller Canadian markets might be in trouble. It’s worth adding that as recently as 2002, the Canadian Loonie was worth a little more than 60 cents American.

“Then it’s a different story, we’d be back in the bad old days. There is a cost disadvantage to being in Canada and having a payroll in U.S. dollars but your revenue is largely in Canadian dollars,” Hodgson said.

So at the end of the day, nothing is truly certain, but with one season in the books, there are reasons to be optimistic about the future of the Jets.

WATCH LIVE: 2017 NHL Draft – the first round

Getty
Leave a comment

Will the New Jersey Devils select Nico Hischier or Nolan Patrick with the first overall pick? Could another team swoop in and trade for a high choice, whether it be from the Devils, Philadelphia Flyers, or someone else?

On a day of huge, often shocking trades, the first round of the 2017 NHL Draft still has potential to bring more twists and turns.

You can watch another important night in the NHL unfold on NBCSN beginning at 7 p.m. ET on Friday.

CLICK HERE TO WATCH LIVE

Also, check out PHT’s draft tracker here. Note the current order of selections below.

PHT’s 2017 NHL Draft Tracker

Getty
Leave a comment

From the United Center in Chicago, it’s the first round of the 2017 NHL Entry Draft!

Click back here throughout the night for all the latest picks, complete with draft profiles, stories and video from tonight’s broadcast on NBCSN.

1. New Jersey Devils
2. Philadelphia Flyers
3. Dallas Stars
4. Colorado Avalanche
5. Vancouver Canucks
6. Vegas Golden Knights
7. New York Rangers (from Arizona)
8. Buffalo Sabres
9. Detroit Red Wings
10. Florida Panthers
11. Los Angeles Kings
12. Carolina Hurricanes
13. Vegas Golden Knights (from Winnipeg)
14. Tampa Bay Lightning
15. Vegas Golden Knights (from NY Islanders)
16. Calgary Flames
17. Toronto Maple Leafs
18. Boston Bruins
19. San Jose Sharks
20. St. Louis Blues
21. New York Rangers
22. Edmonton Oilers
23. Arizona Coyotes (from Minnesota)
24. Winnipeg Jets (from Columbus via Vegas)
25. Montreal Canadiens
26. Chicago Blackhawks
27. St. Louis Blues (from Washington)
28. Ottawa Senators
29. Dallas Stars (from Anaheim)
30. Nashville Predators
31. Pittsburgh Penguins

Capitals re-sign Oshie for eight years, $46 million

Getty
6 Comments

T.J. Oshie will be staying with the Washington Capitals for a very, very long time.

The team announced on Friday evening that it has signed the veteran forward to an eight-year contract that will pay him an average annual salary of $5.75 million.

That comes out to a total dollar amount of $46 million.

“T.J. is an invaluable member of our team and we felt it was imperative for us to re-sign him in a competitive free agent market,” general manager Brian MacLellan said in a statement released by the team. “T.J. is a highly competitive player with a tremendous skill set; he epitomizes the kind of player our team must have in order for us to continue to put ourselves in a position to compete in this League.”

Oshie is coming off of a career year for the Capitals that saw him score 33 goals to go with 28 assists in only 68 games.

While the team is almost certainly ecstatic to bring him back (and better off in the short-term), that eight-year commitment could be a risky one long-term. While Oshie is still a top-line player and was one of the most productive forwards in the league this past season, he is also already 30 years old. Giving that much term to a player that has already celebrated his 30th birthday usually ends up becoming an issue before the contract expires. But that is still pretty far down the road, and the Capitals are a better team in the short-term with him back in the mix. If he proves to be an essential ingredient in maybe bringing a Stanley Cup to Washington, they certainly won’t complain about maybe having to deal with a bad contract in five or six years.

In two years with the Capitals he has 59 goals and 48 assists (107 points) in 148 games.

His re-signing with the Capitals also puts a pretty significant dent in the upcoming free agent class as Oshie was looking to be one of the most sought after players on the open market.

On Friday, shortly after the Blackhawks overhauled their roster, there was speculation they might make a run at him as a potential Artemi Panarin replacement. Obviously, they will have to now look elsewhere. With Oshie no longer available the biggest names that could be available would be Alexander Radulov (assuming he and the Montreal Canadiens can not come to terms) or Ilya Kovalchuk (if he makes a return to the NHL).

Barroway doing ‘what’s right’ for Coyotes

AP
Leave a comment

CHICAGO — If it wasn’t clear that Andrew Barroway is running the show in Arizona, it sure is now.

Since Barroway bought out his minority partners earlier this month, the Coyotes have cut ties with captain Shane Doan, traded goalie Mike Smith, and parted ways with head coach Dave Tippett.

That is no coincidence. Doan, Smith, and Tippett were the old guard, and Barroway wants to chart a new path.

For the breakup with Tippett, Barroway cited “philosophical differences on how to build” the team.

“I mean, he’s 100 percent owner,” GM John Chayka said Friday before the NHL Entry Draft. “Usually those guys do have some influence. … I think he’s trying to do what’s right for the organization moving forward. He wants to help find us an arena and keep us (in Arizona) long term. He wants to help us build a team. He’s invested emotionally, financially, everything. I respect that about him.”

Read more: ‘It was the owner’s decision’

But the shakeup hasn’t been easy on Chayka, who now has to find a new head coach, in addition to everything else on his plate.

“I’m 24 hours past Dave Tippett, and he’s a tough guy to get over,” said Chayka. “I’m focused on picking the best player tonight, then going from there.”

The Coyotes have the 23rd overall pick tonight. That was the selection they got from Minnesota in the Martin Hanzal trade. Arizona’s pick, the seventh overall selection, went to the Rangers in today’s Derek Stepan trade.

Hectic times for the Desert Dogs.

Related: Coyotes acquire Niklas Hjalmarsson from Chicago