Garrison and Campbell

How the Panthers make money despite, er, losing money


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.

Good news: Colaiacovo traveling with Sabres

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It was a scary sight.

Carlo Colaiacovo fell to his hands and knees after taking a cross-check to the throat from Predators forward Viktor Arvidsson (above).

Arvidsson received a five-minute major and a game misconduct, while Colaiacovo suffered a dented trachea on the play.

After the game, both Dan Bylsma and Peter Laviolette agreed that there was no malicious intent on Arvidsson’s part.

“I don’t think there was intent there to maliciously cross-check,” Bylsma said. “They kind of lose the puck, turn and his stick is right at that level and delivers a blow. When you look at it, it’s a pretty stiff cross-check to Carlo’s neck.”

“It was tough for Arvidsson,” said Laviolette. “I don’t think he had any bad intentions. He just ran into somebody and the stick got caught a little bit high, but just a tough turn of events.”

The Sabres defenseman left the game and was treated at a nearby hospital, but there is some good news to report.

According to the Buffalo News, Colaiacovo was released from hospital and he was able to travel to Detroit with his teammates.

It’s unclear how long he’ll be out.

Start the Carr: Habs recall another player from the minors

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There’s been a lot of movement between Montreal and Saint John’s lately and that continued on Sunday.

This time, it’s forward Daniel Carr who’ll be getting a stint with the big club.

Carr has no prior NHL experience.

The 24-year-old spent four years at Union College before joining the Canadiens organization as an undrafted free agent.

In his first season as a pro, Carr scored 24 goals (led the team) and 39 points in 76 AHL games with the Hamilton Bulldogs in 2014-15.

This year, Carr has seven goals and 15 points in 20 games.

Montreal is without forwards Torrey Mitchell, Brendan Gallagher and Alexander Semin.

Campbell’s perfect snipe sinks Wings in OT


Brian Campbell doesn’t score as many points as he used to, but he came up with a huge goal against the Red Wings on Sunday afternoon.

With the game tied, 1-1, in overtime, Campbell skated into the slot and beat Petr Mrazek with a perfect wrister to end the game.

It was also a pretty nice passing play between Jussi Jokinen, Jonathan Huberdeau and Campbell.

Dylan Larkin opened the scoring in the second period before Reilly Smith leveled the score with just over five minutes remaining.

The Wings have blown a lead in three straight games.

Detroit was up 2-0 and 3-2 in their last game, against Edmonton, before they finally closed the game out with an overtime goal by Niklas Kronwall.

They weren’t so fortunate against the Bruins on Wednesday, as they lost 3-2 in OT after leading 2-1 with under two minutes remaining in regulation.

This was the first meeting of the season between Detroit and Florida, but they’ll see each other three times between Feb. 4 and Mar. 19.

With Jonathan Bernier sputtering, we’ll meet Garret Sparks

Garett Sparks
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You can’t blame Mike Babcock for siding with the relatively unknown when the other option is Jonathan Bernier, a goalie who’s 0-8-1 so far in 2015-16.

With that in mind, meet Garret Sparks, the Toronto Maple Leafs’ expected starter for Monday’s game against the Edmonton Oilers.

Sparks was a seventh-round pick (190th overall) in 2011, a guy who was off to a great start in the AHL. That much wasn’t lost on Babcock.

Let’s face it, though; this is as much about the Leafs’ other two goalies as it is about Sparks (whose name inspired a very obscure reference in this post’s headline).

In Bernier’s case, there’s an “enough’s enough” feel:

Meanwhile, James Reimer‘s not quite healthy enough to play yet, so the window of opportunity is open for Sparks … a little bit.

Sparks will get a chance to make an impression, even if it’s just a small one.