Craig Leipold, Ryan Suter

Not every money-losing owner is a Leipold


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.

Video: Marc Staal was no match for Alex Ovechkin on this goal

WASHINGTON, DC - OCTOBER 15: Alex Ovechkin #8 of the Washington Capitals looks on against New York Islanders during the second period at Verizon Center on October 15, 2016 in Washington, DC. (Photo by Patrick Smith/Getty Images)
1 Comment

After being held without a point in his first two games of the season, Washington Capitals forward Alex Ovechkin has now scored a goal in three consecutive games.

That includes his goal on Saturday night in the first period against the New York Rangers.

It’s one that will probably make the personal highlight reel for Ovechkin, but it certainly won’t make the highlight reel for Rangers defenseman Marc Staal.

To say that this head-to-head matchup turned out to be a mismatch would be … well … a bit of an understatement.

As Ovechkin crossed the blue line into the Rangers zone he started to toe-drag around Staal, only to stop midway through and just rip it from outside the circle, using Staal as a screen and beating Henrik Lundqvist for the goal.

It is probably not a good sign when the defenseman has his back to the shooter when the puck is released.

That goal gave the Capitals a 2-0 lead.

Red Wings’ Abdelkader out with lower body injury

PHILADELPHIA, PA - MARCH 15: Justin Abdelkader #8 of the Detroit Red Wings skates against the Philadelphia Flyers at the Wells Fargo Center on March 15, 2016 in Philadelphia, Pennsylvania. The Flyers defeated the Red Wings 4-3.  (Photo by Bruce Bennett/Getty Images)
Leave a comment

The Detroit Red Wings will be without veteran forward Justin Abdelkader on Saturday night when they host the San Jose Sharks.

The official word from the team is that he is sidelined with a lower body injury.

He will be replaced in the lineup by Andreas Athanasiou. Athanasiou has appeared in three games this season and yet to record a point.

He was not only in the lineup on Friday in the Red Wings in their 5-3 win over the Nashville Predators, but also scored his first goal of the season and played a season-high 17:55.

After scoring 19 goals and recording 23 assists in 82 games in 2015-16 the Red Wings signed a seven-year $29.7 million contract extension.

According to general manager Ken Holland (via Helene St. James) he is expected to be back in the lineup on Tuesday.

Former Canadiens coach Jacques Demers hospitalized

Leave a comment

OTTAWA, Ontario (AP) Former Montreal Canadiens coach Jacques Demers has been hospitalized.

Demer’s director of parliamentary affairs confirmed Saturday that the 72-year-old Demers, a Canadian senator, had been admitted to a Montreal hospital, but couldn’t immediately provide any details.

Demers had a stroke in April. He was at the Canadiens’ home opener Tuesday night, smiling in a wheelchair while handing a torch to captain Max Pacioretty to close out a pregame ceremony.

Demers led the Canadiens to their last Stanley Cup in 1993. He also coached Quebec, Detroit, St. Louis and Tampa Bay in the NHL, and Indianapolis, Cincinnati and Quebec in the WHA.

Ales Hemsky returns to Stars lineup tonight

NEWARK, NJ - OCTOBER 24:  Ales Hemsky #83 of the Dallas Stars skates against the New Jersey Devils at the Prudential Center on October 24, 2014 in Newark, New Jersey. The Stars defeated the Devils 3-2 in the shootout.  (Photo by Bruce Bennett/Getty Images)
Leave a comment

When the Dallas Stars take on the Columbus Blue Jackets on Saturday evening one of their top forwards will be making his 2016-17 debut.

The team announced on Saturday afternoon that forward Ales Hemsky will be activated from injured reserve after missing the first four games of the season due to a groin injury at the World Cup of hockey.

He is expected to skate on the Stars’ top line on Saturday night alongside Tyler Seguin and Jamie Benn.

Now 33 years old, Hemsky isn’t quite as dynamic as he was during his prime years in Edmonton, but he is still an extremely skilled playmaker that is a solid fit in Dallas’ system. He is entering his third year with the Stars and has 71 points (24 goals, 47 assists) in 151 games with the team.

With Hemsky now activated and back in the lineup, the Stars also announced on Saturday that veteran forward Jiri Hudler has been placed on IR retroactive to Oct. 15 due to illness.