Not every money-losing owner is a Leipold

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Let’s start off with a little math:

If each team in the NHL had spent just enough to reach the salary cap floor in 2011-12, 57 percent of hockey-related revenue would’ve gone to the players.

Last year, 57 percent of hockey-related revenue was $1.87 billion.

On the other hand, if each team in the NHL had spent to the salary cap ceiling in 2011-12, 57 percent of hockey-related revenue would’ve gone to the players.

Last year, 57 percent of hockey-related revenue was $1.87 billion.

Sometimes it seems like not everyone understands this. Or, they’re choosing not to publicly.

“We’re agreeing to pay our players a certain percentage of our revenues. That’s a fixed dollar amount,” deputy commissioner Bill Daly told FAN 590 earlier in the week.

Again, “That’s a fixed dollar amount.”

In the new, yet-to-be-negotiated CBA, the NHL wants a reduction in the percentage of revenues going to the players because the league thinks 57 percent is too high. Such a reduction would result in the loss of salary for players via escrow, which is used to reconcile any “shortfall” or “overage” to the players as it relates to the revenue split.

Losing money to escrow would not be a new thing for the players. Five times since the 2005 CBA was introduced the players haven’t received as much as their contracts said they were supposed to receive.

Of course, twice they received more than their contracts said they were supposed to receive. You just don’t hear them talk about that very much.

Not once have the players received the exact amount their contracts said they were supposed to receive, because another contract – the CBA – overrides all.

So to those arguing it’s the damn owners that are paying the players too much, the owners, as a group, don’t have a choice. Last year, the players were going to get $1.87 billion, regardless of what total player salaries added up to on paper.

As individual teams, however, the owners have a choice. Take the case of the Minnesota Wild, which now boasts one of the league’s highest payrolls thanks to the massive contracts the club awarded Zach Parise and Ryan Suter.

That, for lack of a better term, may have been dumb. Minnesota is a mid-level market; it’s not Toronto or New York.

“Some clubs may spend poorly,” admits Daly.

But Wild owner Craig Leipold believed it was the kind of investment that needed to be made in order to reconnect with fans, get the team back into the playoffs and kick-start future revenue growth. And the only way he was going to get those players was to give them the kind of front-loaded deals the NHL wants to do away with.

Absolutely Leipold was hoping to claw back some of that salary in a new CBA. Was it distasteful? Perhaps. But Parise and Suter knew the score. So the players can spare us with the babe-in-the-woods routine (h/t FBI agent in Goodfellas).

From a public-relations standpoint, what Leipold did looked awful, and you can bet Gary Bettman wasn’t pleased. Most everyone would agree that owners who take massive financial gambles should have to feel serious financial hurt if they don’t work out. That’s business. And no owner should be guaranteed a profit every season.

But it’s unfair to throw Leipold in with all the other small- to mid-market owners that adhere to their self-imposed budgets. It’s those owners that need help, be it through more revenue sharing or reduced player expense. Chances are it will be through both. To which degree of each is the question.

Ultimately a new CBA won’t guarantee every team a profit, and nor should it. If an owner spends his money poorly, then that owner should lose money.

But as it stands, there are owners that could spend their money well and still lose money, and that’s not a sustainable model.

Fortunately, a deal is possible — this isn’t a broken industry.

Which is what makes all this so frustrating. We can see the deal through all the rhetoric and posturing and pandering to fans.

It just needs to happen.

2017 Stanley Cup Playoffs second-round schedule

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Time to get your ducks in a row (Anaheim or otherwise), as the second-round schedule has been released.

As you can see, the West series begin on Wednesday while the East ones kick into gear on Thursday. Read up on the matchups here.

For the sixth consecutive year, every Stanley Cup playoff game will be presented nationally across the platforms of NBC Sports Group and select NBCUniversal networks.

(Games listed by date, start time, teams and network.)

EASTERN CONFERENCE

Date TIME (ET) #1 Washington vs. #2 Pittsburgh Networks
Thursday, April 27 7:30 p.m. Pittsburgh at Washington NBCSN, Sportsnet, TVA Sports
Saturday, April 29 8 p.m. Pittsburgh at Washington NBC, CBC, TVA Sports
Monday, May 1 7:30 p.m. Washington at Pittsburgh NBCSN, CBC, TVA Sports
Wednesday, May 3 7:30 p.m. Washington at Pittsburgh NBCSN, CBC, TVA Sports
*Saturday, May 6 TBD Pittsburgh at Washington TBD
*Monday, May 8 TBD Washington at Pittsburgh TBD
*Wednesday, May 10 TBD Pittsburgh at Washington TBD

Date TIME (ET) #2 Ottawa vs. #4 NY Rangers Networks
Thursday, April 27 7 p.m. NY Rangers at Ottawa CNBC, CBC, TVA Sports
Saturday, April 29 3 p.m. NY Rangers at Ottawa NBC, CBC, TVA Sports
Tuesday, May 2 7 p.m. Ottawa at NY Rangers NBCSN, CBC, TVA Sports
Thursday, May 4 7:30 p.m. Ottawa at NY Rangers NBCSN, CBC, TVA Sports
*Saturday, May 6 TBD NY Rangers at Ottawa TBD
*Tuesday, May 9 TBD Ottawa at NY Rangers TBD
*Thursday, May 11 TBD NY Rangers at Ottawa TBD

WESTERN CONFERENCE

Date TIME (ET) #1 Anaheim vs. #2 Edmonton Networks
Wednesday, April 26 10:30 p.m. Edmonton at Anaheim NBCSN, Sportsnet, TVA Sports
Friday, April 28 10:30 p.m. Edmonton at Anaheim NBCSN, Sportsnet, TVA Sports
Sunday, April 30 7 p.m. Anaheim at Edmonton NBCSN, Sportsnet, TVA Sports
Wednesday, May 3 10 p.m. Anaheim at Edmonton NBCSN, Sportsnet, TVA Sports
*Friday, May 5 TBD Edmonton at Anaheim TBD
*Sunday, May 7 TBD Anaheim at Edmonton TBD
*Wednesday, May 10 TBD Edmonton at Anaheim TBD

Date TIME (ET) #3 St. Louis vs. #4 Nashville Networks
Wednesday, April 26 8 p.m. Nashville at St. Louis NBCSN, CBC, TVA Sports
Friday, April 28 8 p.m. Nashville at St. Louis NBCSN, CBC, TVA Sports
Sunday, April 30 3 p.m. St. Louis at Nashville NBC, Sportsnet, TVA Sports
Tuesday, May 2 9:30 p.m. St. Louis at Nashville NBCSN, Sportsnet, TVA Sports
*Friday, May 5 TBD Nashville at St. Louis TBD
*Sunday, May 7 TBD St. Louis at Nashville TBD
*Tuesday, May 9 TBD Nashville at St. Louis TBD

Starting time and national broadcast information for games listed TBD will be announced when available.

2017 Stanley Cup Playoffs: Second-round matchups

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Want to know when and how to watch each game? Check out the second-round schedule here.

Eastern Conference

Washington Capitals vs. Pittsburgh Penguins

Washington really had to sweat it against Toronto, but while the journey took more twists and turns than expected, both juggernauts ended up in a position to justify their statuses as favorites.

During the Alex Ovechkin and Sidney Crosby runs for the franchises, the Penguins won both second-round series (first in 2009 and then last year). In each case, Pittsburgh went on to win the Stanley Cup.

Will the Capitals finally break through in what might be their best chance ever? There isn’t a better way for them to truly prove their mettle than to do so against a Penguins team that looks dangerous, even with key injuries to consider.

Ottawa Senators vs. New York Rangers

Both teams beat higher seeds in the first round, surprising at least some. There are some fun storylines here, from a clash of two star Swedes (Erik Karlsson vs. Henrik Lundqvist) to fun trade talk involving Mika Zibanejad and Derick Brassard.

On paper, these teams aren’t as linked as the other East series, but playoff glory can make franchises become hated rivals in little time.

Western Conference

Anaheim Ducks vs. Edmonton Oilers

So much orange. So many goals?

With the Blackhawks, Kings, Wild and Sharks out, the Ducks get home-ice in the West and probably rank as the most familiar contender in a conference that seems heavy on “new blood.” Then again, they’re still driven by a red-hot Ryan Getzlaf, but this isn’t the same Anaheim squad as the last time they made a longer run.

Speaking of new blood, it’s unavoidable to describe the Oilers any other way. Edmonton hopes to keep its first playoff run in more than a decade going, and this series might actually be a better showcase for Connor McDavid than those tighter games vs. the Sharks.

St. Louis Blues vs. Nashville Predators

Is there a matchup of goalies on hotter streaks right now than Jake Allen vs. Pekka Rinne? These “underdogs” held the top teams in the Central Division to one playoff victory combined.

While there are plenty of carryover characters from previous postseason editions of the Blues (Vladimir Tarasenko, Alex Steen) and the Predators (Roman Josi), there’s also a new Blues coach in Mike Yeo and newly featured Nashville pieces such as P.K. Subban.

Which team will go deeper than many outside of their locker room expected? We’ll find out.

Capitals close out Maple Leafs after one last OT classic

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The Toronto Maple Leafs couldn’t grab the torch from the Washington Capitals in this series, but they put up a tremendous struggle.

Auston Matthews continued to make an impression with a goal in his fourth consecutive game, yet it wasn’t enough to send this scintillating series to a Game 7. Instead, Marcus Johansson collected tying and game-winning goals, leading Washington to a 2-1 OT win to take the series 4-2.

Here is video of the tally that ended Toronto’s season:

While the Capitals taking on the Pittsburgh Penguins is “expected,” the path to get there wasn’t as many drew it up. Toronto gave Washington all it can handle in a series that tied a record with five trips beyond regulation.

The Maple Leafs can take heart in pushing the play for large spans of the series, although there have also been spans where it felt like the Caps found that extra gear.

Toronto fans who’ve been longing for a return to playoff glory must be experiencing mixed feelings. This young bunch achieved more than just about anyone expected, particularly in this series against the Presidents’ Trophy winners. That might be why it burns, though; Buds fans deal with the bitter feeling of so close.

Then again, the Capitals know all about that. They hope to avoid repeating such history in this huge opportunity. Perhaps facing a far tougher-than-expected challenge to start things off might be a blessing in disguise?

Capitals’ Schmidt hurt by Leafs’ Komarov; Record 18th playoff game to OT

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Now, players are known to at least try to return to games after injuries, sometimes ultimately leaving such efforts unsuccessful.

So, it’s possible that the Washington Capitals should still be concerned about defenseman Nate Schmidt. The solid depth blueliner was helped off the ice after a hit by Leo Komarov of the Toronto Maple Leafs, but the good news is that he was at least able to make his way back for a spin later on in the same third period.

Does that mean he’ll be OK? We’ll see. The game is entering OT – the 18th of this round, a new NHL record – so a possible Schmidt injury could put Washington at a disadvantage during “free hockey.”

It makes sense that Toronto and Washington made it a new record, as this is the fifth time in six games that they beyond regulation in this series. Wow.