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Coyotes may turn a profit if lockout wipes out the season

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The NHL lockout, now in its 102nd day, has meant bad news financially for most teams. For the league-owned Phoenix Coyotes, however, it might mean they get to turn a profit.

Mike Sunnucks of the Phoenix Business Journal reports the team’s new $300 million lease agreement with prospective buyer Greg Jamison would help keep the team in the black.

The bulk of that deal is the city paying Jamison on average $15 million per season to run Jobing.com Arena. The first season of that deal is for $11 million but is pro-rated to when Jamison closes on the purchase.

“The $11 million dollar figure would have been for a full year,” said Glendale spokeswoman Julie Frisoni. “Since we are now halfway through the year, it will most likely be in the range of $5.5 million to $6.5 million. It just depends on when the purchase of the team is complete and when Jamison takes over management of the facility.”

It’s remarkable that it would take a complete meltdown of a year where no hockey is played in order to help the Coyotes make money, but in this situation does anything surprise anyone?

Should the season be saved, the Coyotes would have to hope the fans return to fill out the building for every game or else they’ll risk having another financially losing season.

Shaw suspended three preseason games for boarding Connor Hobbs

TAMPA, FL - JUNE 02:  Andrew Shaw #65 of the Chicago Blackhawks speaks during Media Day for the 2015 NHL Stanley Cup Final at Amalie Arena on June 2, 2015 in Tampa, Florida.  (Photo by Bruce Bennett/Getty Images)
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The National Hockey League has suspended Montreal Canadiens forward Andrew Shaw for three preseason games for boarding defenseman Connor Hobbs of the Washington Capitals in an exhibition game Tuesday.

Shaw was given a major penalty and a game misconduct on the play, as he slammed Hobbs “through the numbers, with speed” from behind into the end glass, as per Thursday’s video from the NHL outlining the suspension.

From the video: “It is important to note that Hobbs is never eligible to be checked by Shaw on this play. From the moment Shaw arrives at the faceoff dot, he sees nothing but Hobbs’ numbers. Hobbs makes no sudden movement just prior to contact that turns this hit from a legal hit into an illegal one.

“The onus is on Shaw to ensure that he can deliver this hit in a legal fashion, minimize the force, or avoid this hit completely. Instead, he hits forcefully through Hobbs from behind, driving him dangerously into the glass.”

In a bid to land a gritty forward to their lineup, the Habs acquired Shaw from the Blackhawks, who had been dealing with a cap crunch, during the NHL Draft. He later signed a six-year contract extension with Montreal.

Despite another concussion, Clarke MacArthur doesn’t plan on retiring

OTTAWA, ON - APRIL 26:  Clarke MacArthur #16 of the Ottawa Senators looks on prior to a face-off in Game Six of the Eastern Conference Quarterfinals against the Montreal Canadiens during the 2015 NHL Stanley Cup Playoffs at Canadian Tire Centre on April 26, 2015 in Ottawa, Ontario, Canada. The Montreal Canadiens eliminated the Ottawa Senators by defeating them 2-0 and move to the next round of the Stanley Cup Playoffs. (Photo by Minas Panagiotakis/Getty Images)
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Clarke MacArthur suffered yet another concussion after being hit by Patrick Sieloff during a scrimmage over the weekend, but the veteran Ottawa Senators forward doesn’t plan on retiring.

Last season, the 31-year-old MacArthur played in only four games for the Senators due to concussions. According to the Ottawa Sun, he suffered four concussions in an 18th-month span.

Despite this latest concussion, MacArthur is still, at least publicly, planning to work toward a return to game action, saying in a post on Instagram that he was “encouraged” by how his body has reacted following this most recent incident.

“First off, I want to thank the team and its fans for all the support after the unfortunate incident on Sunday. To me, it was simply a hockey play that ended in a hit causing me to suffer a concussion, a play that could happen at any point,” MacArthur wrote on his social media page.

“We have been encouraged by how my body had reacted in the days since the injury and the team has been great to give me all the time I need to rest and recover. I will continue to consult with doctors and my entire support group, but I felt it important to let everyone know that my intentions are to work towards returning to the ice soon.”

Related:

Senators focus on MacArthur’s safety

Schwartz (hand) suffers scare at Blues practice, but Hitch says ‘he’ll be fine’

St. Louis Blues left wing Jaden Schwartz celebrates after scoring during the first period of an NHL hockey game against the Florida Panthers, Friday, Feb. 12, 2016, in Sunrise, Fla. (AP Photo/Wilfredo Lee)
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You couldn’t blame the Blues for freaking out a bit today when Jaden Schwartz left practice after an apparent hand injury, and didn’t return.

It was last October, of course, when Schwartz fractured his ankle during practice, an injury that required surgery and sidelined him for 49 games.

Thankfully for St. Louis, it won’t be deja vu.

From the Post-Dispatch:

Coach Ken Hitchcock said Schwartz was fine but would miss some practice.

“He’ll need a couple days off, but he’s a lot like Fabbri,” Hitchcock said. “He’s probably not going to skate this weekend in any of the games but he’ll be ready to go next weekend.

“He’s day to day. He’ll be fine.”

Signed to a five-year, $26.75 million extension this summer, Schwartz will be a big piece of the Blues moving forward.

He’s coming off a good playoff run — 14 points in 20 games — and the club is hopeful he can build on the goalscoring form shown in ’13-14 (25 tallies) and ’14-15 (a career-high 28).

 

Kucherov won’t report to Bolts until he’s signed

TAMPA, FL - APRIL 16: Nikita Kucherov #86 of the Tampa Bay Lightning is checked by Danny DeKeyser #65 of the Detroit Red Wings in front of Petr Mrazek #34 in Game One of the Eastern Conference Quarterfinals during the 2015 NHL Stanley Cup Playoffs at Amalie Arena on April 16, 2015 in Tampa, Florida. (Photo by Mike Carlson/Getty Images)
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Nikita Kucherov will not report to Tampa Bay Lightning training camp until he’s signed. The 23-year-old winger is not currently under contract, though as a restricted free agent he is partially under club control.

From the Tampa Bay Times, which confirmed through GM Steve Yzerman that Kucherov would not be reporting:

Kucherov, the team’s leading scorer last season, could warrant $6 million or more annually. And that makes it difficult for the Lightning, which has between $5-5.5 million of cap space remaining, per CapFriendly.com. It begs the question whether Tampa Bay may need to make another move to create room. With the season opening two weeks from today, no deal appears imminent.

Yzerman said earlier in the month that he can get Kucherov signed without making a trade, but as mentioned, no deal has been reached yet.

Kucherov is one of a handful of high-profile RFAs who remain unsigned as the regular season approaches. The others are Johnny Gaudreau, Rasmus Ristolainen, Jacob Trouba, Hampus Lindholm, Rickard Rakell, and Tobias Rieder, the latter of whom requested a trade yesterday.

Trouba has also requested a trade.

Related: Ristolainen, still without a contract, makes ‘good will’ gesture towards Sabres