Edmonton Arena design

Oilers owner: “all bets are off” without new arena

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Darryl Katz didn’t outright threaten to move the Oilers if he can’t close a deal with the City of Edmonton to build a new downtown arena, but the team’s owner sure left the possibility open for discussion.

“If this doesn’t work, what can I say?” Katz told the Edmonton Journal in an extensive interview the newspaper granted at his request.

“Obviously, all bets are off, and we’ll have to figure out what comes next. And I don’t know what that will be, OK? That’s truthful.”

The latest chapter in the Oilers’ arena saga started last week when Katz went to city council requesting more money for the project – a request the city turned down.

One of Katz’s new wishes – among others – is a $6-million annual operating subsidy to run the arena.

He justifies the subsidy as follows:

“Number one, Edmonton’s needs a new arena. Edmonton needs a new arena with the Oilers and our investment, or without.

“With the Oilers and our investment, the cost of the arena is shared. Without the Oilers, Edmonton still needs a new arena, but the public would have to pay the full freight, just as it would have to pay $250-odd million to refurbish Rexall Place.

“Plus it would have to pay all the capital and operating costs, just like Quebec City will, just like Kansas City, just like Phoenix, just like Seattle, just like Hamilton, and just like other cities that would all like an NHL or NBA team to subsidize their arenas.

“So you see, in our view, it is the team that acts as a subsidy for a city’s arena, which is effectively infrastructure, not the other way around. So the Oilers are the key to the arena, and the arena, in turn, is the key to a whole host of benefits to the city and the public.”

We won’t bore you with all the details – bottom line is that Edmonton hockey fans are once again being forced to consider life without the Oilers unless taxpayers play ball with a billionaire owner.

Not a good look for a league that’s already taking a PR beating.

Third team’s the charm? Devils ink Gormley to one-year, two-way deal

<>during the first period at TD Garden on November 12, 2015 in Boston, Massachusetts.
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Since being selected by the Coyotes at 13th overall in the 2010 NHL Draft, Brandon Gormley has had a difficult time breaking into the league on a full-time basis.

On Thursday, the 24-year-old Gormley joined his third NHL team, signing with the New Jersey Devils on a one-year, two-way deal worth $650,000 at the NHL level, the club announced.

Despite his draft status, Gormley has yet to play a full season in the big league, although this deal could give him an opportunity to end that. For the Devils, the deal adds more depth to their blue line and for a friendly price.

Last season, Gormley split time between the Colorado Avalanche and its farm team, the San Antonio Rampage. Despite some high expectations about where he could fit on the Avs’ blue line, he was eventually put on waivers in January.

He ended the season with one assist in 26 games with the Avalanche, and hit the open market after Colorado didn’t give him a qualifying offer.

Wild sign Dumba to two-year, $5.1M deal

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After ongoing contract talks between the Minnesota Wild and restricted free agent defenseman Matt Dumba, the two sides have come to a deal.

The Wild announced Thursday that they had signed Dumba to a two-year deal, worth a total value of $5.1 million.

A breakdown of the new deal:

— In 2016-17: $2.35 million.

— In 2017-18: $2.75 million.

Selected seventh overall by the Wild in 2012, Dumba had his most productive campaign this past season, with 10 goals and 26 points in 81 games.

Known for his offensive skills — he had 20 goals and 57 points with Red Deer in the WHL in his draft year — Dumba also brings a coveted right-shot to the Wild blue line, which features four players with contracts of four or more years of term remaining.

As per General Fanager, the Wild still have $2.168 million in projected cap space, but they have secured all their remaining restricted free agents.

Rangers bring back forward Marek Hrivik (Updated)

NEW YORK, NEW YORK - APRIL 09:  Marek Hrivik #46 of the New York Rangers skates against the Detroit Red Wings at Madison Square Garden on April 9, 2016 in New York City. The Rangers defeated the Red Wings 3-2.  (Photo by Bruce Bennett/Getty Images)
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The New York Rangers announced that they’ve re-signed Marek Hrivik to a new contract. The term and financial details of the deal were not released.

Hrivik signed with the Rangers as an undrafted free agent in May 2012. The 24-year-old made his NHL debut in 2015-16 and ended up playing five games for the Rangers. He had one assist and a plus-3 rating during his time in the NHL.

Updated:

The young forward was an important part of New York’s AHL affiliate in Hartford. Hrivik finished his AHL campaign with 12 goals and 29 assists. He tied for the team lead in assists and finished third in points.

If you go by Hrivik’s tweet, it appears as though he signed a one-year contract:

Now that Hrivik is re-signed, the Rangers have no more free agents of any kind, per General Fanager.

Report: Stone and Coyotes agree to one-year, $4M deal

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Another day, another scheduled arbitration hearing avoided.

According to multiple reports, defenseman Michael Stone and the Arizona Coyotes have settled on a one-year, $4 million deal, well ahead of their scheduled arbitration hearing set for Aug. 4.

Stone, 26, was a restricted free agent coming off a three-year contract with an AAV of $1.15 million.

Last season in Arizona, he hit new career highs in points with 36 and assists with 30. He also logged some heavy minutes, playing more than 22 minutes per game, which was second behind only Oliver Ekman-Larsson. That includes being used on both the power play and penalty kill.

Just more work done for the Coyotes on Thursday.

Earlier in the day, they announced they had signed defenseman Connor Murphy to a six-year contract extension, worth a total of $23.1 million.

Related: Coyotes’ defensive makeover continues with Luke Schenn signing