Garrison and Campbell

How the Panthers make money despite, er, losing money

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If you’ve ever wondered why anyone would want to own a money-losing NHL team in South Florida, Panthers president Michael Yormark puts it this way:

“I often tell people, we’re in the entertainment business and we happen to own a hockey team. For us, it’s just about providing as much entertainment as we possibly can for our community.”

The “we” Yormark refers to is actually the Panthers’ parent company Sunrise Sports & Entertainment (SSE), which owns both the NHL club as well as an entity called Arena Operating Company (AOC), which as you may have guessed, operates the Sunrise arena in which the Panthers play, the BB&T Center.

The Panthers, as a standalone NHL franchise, aren’t profitable, according to estimates.

But AOC is.

Without the Panthers, however, there wouldn’t be an AOC. That’s because, back in the ‘90s, Broward County built the arena to lure the NHL franchise out of Miami. As part of the deal, the team’s ownership company was granted a 30-year license to operate the arena.

The hockey team, in other words, was the foot in the door.

“We’ve got a niche in the marketplace with our hockey team and a very loyal fanbase,” Yormark tells Forbes, “but our value proposition is all about the entertainment. It’s 170-200 events a year, almost two million people in this building on an annual basis, and we have been successful.”

This Friday, for example, the BB&T Center will host Beatdown 2012, a boxing competition with musical performances by Flo Rida, Fabolous, Waka Flocka, DMX, Travis Porter and Fat Joe. (Tickets are still available!)

Without the Panthers, there’s no rent from Beatdown 2012.

SSE also recently partnered with a Las Vegas gaming company in an attempt to build a casino on land around the arena.

“We are beginning to make a shift into the real estate business with this new venture,” said Yormark.

Without the Panthers, there’s no real estate business.

All of which is surely frustrating for the players, who are being asked to accept a smaller share of hockey-related revenues to offset owners’ losses that are, in some cases, being made up in other areas.

*****The Cult of Hockey and Defending Big D also wrote extensively on this.

Make that four straight wins for the Bruins

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Brent Burns turned in a dominating performance. But Brad Marchand had the last laugh.

Marchand scored his 25th goal of the season and, more importantly, the overtime winner for the Boston Bruins as they defeated the San Jose Sharks 2-1 on Sunday.

That’s Boston’s fourth consecutive win since the controversial coaching change — which took another twist earlier in the week when the rival Montreal Canadiens fired Michel Therrien and hired Claude Julien. Off a defensive zone faceoff, Marchand bolted up the ice for the breakaway pass, on what appeared to be a set play, beating Martin Jones through the legs.

The Bruins move back into third in the Atlantic Division, and are now only four points back of the faltering Habs for first.

Meanwhile, the Sharks were unable to fully capitalize on another freakish Brent Burns outing. He’s been dubbed ‘an unstoppable force’ in recent posts at PHT — a defenseman possessing great size at six-foot-five-inches tall and 230 pounds, but no shortage of mobility and offensive talent with 27 goals and 64 points in 60 games. Um, and did we mention he’s a defenseman. . . ?

Against the Bruins, he had 20 shot attempts — by far the most of any player in this game — in just over 26 minutes of ice time.

Given the final score, that probably doesn’t mean much to Brad Marchand.

Jacob Trouba will have a hearing for head shot on Mark Stone

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It appears Jacob Trouba will face supplemental discipline from the NHL.

The league’s Department of Player Safety has said in a Twitter statement that Trouba, the Winnipeg Jets defenseman, will have a hearing tomorrow for his head shot on Ottawa Senators forward Mark Stone during Sunday’s game.

Trouba was assessed only a minor penalty on the play. Stone, who dealt with a concussion prior to the beginning of the season, stayed down on the ice before he eventually made his way to the dressing room.

The incident occurred when Trouba stepped up to throw a hit on Stone, but instead caught him in the head as he followed through, sending Stone to the ice.

Stone was one of three Ottawa forwards to leave the game because of injuries, which are piling up for the Senators.

Video: Drouin ‘wasn’t going to be denied’ on thrilling OT winner

TAMPA, FL - APRIL 30:  Jonathan Drouin #27 of the Tampa Bay Lightning celebrates his goal against the New York Islanders  during the first period in Game Two of the Eastern Conference Second Round during the 2016 NHL Stanley Cup Playoffs at Amalie Arena on April 30, 2016 in Tampa, Florida. (Photo by Scott Iskowitz/Getty Images)
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The Tampa Bay Lightning needed overtime to defeat the Colorado Avalanche on Sunday, but it’s a critical win for the Bolts as they try to chase down a playoff spot.

The hero? Jonathan Drouin, and he did so with a thrilling individual effort — making moves, then losing the puck and then immediately getting it back before he finally scored on the backhander.

That’s his 17th goal of the season. Tampa Bay gets a 3-2 win, which keeps them five points back of Toronto for the final wild card spot in the East.

‘It looks like a disaster’ — Senators could be facing more injury problems

BOSTON, MA - MAY 27:  Head coach Guy Boucher of the Tampa Bay Lightning speaks to the media after their 0 to 1 loss to the Boston Bruins in Game Seven of the Eastern Conference Finals during the 2011 NHL Stanley Cup Playoffs at TD Garden on May 27, 2011 in Boston, Massachusetts.  (Photo by Elsa/Getty Images)
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Not only did the Ottawa Senators lose on Sunday, but three different forwards left the game because of injury.

And that was after they had already lost forward Bobby Ryan indefinitely because of a hand injury. In a 3-2 loss to the Winnipeg Jets, the Senators had Mike Hoffman, Mark Stone and Tommy Wingels leave with injuries.

Hoffman suffered a lower-body injury in the first period, while Stone was caught with a hit to the head from defenseman Jacob Trouba. That infraction might result in Trouba getting further supplementary discipline from the NHL.

“Tough day with the loss of Bobby and then we lost another bunch of guys. At some point I felt, there was nobody on the bench,” said Senators coach Guy Boucher, who appeared furious with the officials’ decision to give Trouba only a minor penalty for an illegal check to the head.

“I can give you an update – it doesn’t look good. We have to wait until tomorrow to be clear and precise about all these guys.

“Right now, we could be losing quite a few guys … It looks like a disaster. We’ll see tomorrow and maybe the disaster is not as bad as we think but you’ve got to be ready for anything.”

What especially hurts for the Senators is that Hoffman, Stone and Ryan are three very capable offensive players, and if all three are out long-term, that’s a good chunk of scoring suddenly gone from their lineup. Stone leads the team with 22 goals, while Hoffman is tied for second in that category with Kyle Turris at 19 goals.

The Senators had a chance to take over top spot in the Atlantic Division. With a win, Ottawa would’ve tied Montreal with 70 points, but taken first in the division because of fewer games played.