Hasso Plattner

Sharks owner: “You cannot make money with a hockey team”


After announcing he’d purchased shares from a pair of former investors in the organization, Sharks majority owner Hasso Plattner sat down with a group of reporters to discuss owning a hockey team.

Specifically, how it doesn’t make him any money.

“You cannot make money with a hockey team,” he explained. “You cannot make money with a hotel, either, and you cannot make money with a golf club. I have all three of them (laughs).”

Here’s more, from CSN Bay Area’s Kevin Kurz:

Investors Kevin Compton and Stratton Sclavos, who were the acting figureheads of the company, have sold their shares to Plattner, it was announced by the team on Wednesday.

The reasons for their decision and departure are private…

…“We want to continue as much as possible the same way,” said Plattner, who had a majority share of the company even before acquiring Compton’s and Sclavos’ shares.

“We still want to have a championship team and win the Stanley Cup. That’s clearly the number one objective of a sports club, otherwise you should not be in the sports business.”

Plattner also wants to make sure the Sharks, who claimed a loss of $15 million last season, have a sustainable business model. He has no fantasies of turning a major profit, though.

“The financial situation is not better this year than last year,” he said. “On the other hand, I said this to the employees, don’t worry. My credit line is good enough, if you look it up.

Plattner is the co-founder of SAP, one of the world’s largest software companies. According to Forbes, he is the world’s 127th richest man and has a net worth of approximately $7.2 billion.

The golf club/resort he owns is the Fancourt Estate in South Africa, which features a luxury hotel and four Gary Player-designed courses — its links course hosted the 2003 Presidents Cup.

So as you can see, the man has quite the financial portfolio and sporting background. Why, then, invest in a hockey team he readily admits can’t make money?


“Despite it’s such a hard sport, and tough sport, and sometimes violent, it is aesthetically unbelievable when you see the guys and what they can do on skates at the tempo,” he said.

“This is missing in soccer.”

Report: Ducks put Despres on long-term injured reserve

FILE - In this Sept. 22, 2015, file photo, Anaheim Ducks defenseman Simon Despres skates before an NHL preseason hockey game against the Colorado Avalanche in Denver. Despres has agreed to a five-year contract extension with the Ducks on Friday, Oct. 9, 2015, solidifying his role in Anaheim after joining the club in a trade last season. (AP Photo/Jack Dempsey, File)
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Simon Despres has played only once this season, back on Oct. 13, due to injury.

It now appears the Anaheim Ducks don’t see the 25-year-old defenseman returning to their lineup any time soon.

On Sunday, TSN’s Bob McKenzie reported on Twitter that the Ducks placed Despres, who carries an average annual value of $3.7 million, on long-term injured reserve, providing Anaheim with some flexibility in the salary cap situation.

By placing Despres on LTIR, it’s been suggested this could possibly allow the Ducks to sign restricted free agent defenseman Hampus Lindholm.

Lindholm, 22, missed training camp, instead deciding to stay in Sweden while he awaits a deal with the Ducks. Six games into Anaheim’s season, and still no deal.

It was reported last month that Lindholm was seeking a deal of eight years, and at least $6 million per season.

Last week, on TSN’s Insider Trading, McKenzie suggested the two sides could be about $250,000, annually, apart. He also added that there is a “cap hit penalty” when restricted free agents don’t get signed before the season begins.

“For every day that (Lindholm) is not signed in this season, the cap hit for the team will increase by about $30,000 if he were to agree to a $5.5 million deal,” McKenzie reported.

“Let’s say he agrees to a deal that’s $5.5 million AAV, well the cap hit’s going to be up around $5.8 (million) as of now, for each day that goes on.”

Comeback Canucks? Not against the Ducks

ANAHEIM, CA - OCTOBER 23:  Alexander Edler #23 and Philip Larsen #63 of the Vancouver Canucks look on after Corey Perry #10 of the Anaheim Ducks reacts to scoring a goal during the third  period of a game at Honda Center on October 23, 2016 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
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The Vancouver Canucks have made a habit of third-period comebacks early this season. Playing with the lead, though? Not so much.

Despite their early penchant for late-game magic — certainly not a sustainable method of winning in the long-term — the Canucks were unable to score a come-from-behind win against the Anaheim Ducks on Sunday.

Instead, they lost 4-2, as Nick Ritchie and Corey Perry scored late in the third period to nullify any chance of a Vancouver comeback.

Henrik Sedin had gotten the Canucks back into a tied game early in the final period, before the Ducks killed off a Vancouver power play and then surged ahead for good.

It’s Vancouver’s first regulation loss of the season. In six games, the Canucks have played with the lead only once.

Really, the score flattered the Canucks, playing the second half of a back-to-back set in California. The Ducks dominated possession, but goalie Ryan Miller kept the Canucks in it until late in regulation.

The Canucks are now 4-1-1. That’s still a good start, but there have been signs lately that they could soon be served a reality check.


Meanwhile, the Ducks have won two in a row after losing their first four games to start the season.

It was promising that their best players were their best players in Anaheim’s home opener.

Ryan Getzlaf had three assists. Corey Perry had an assist on the winner and scored to put this one away. Defenseman Cam Fowler, who has been at the center of trade speculation in the past few months, scored Sunday and is now up to three goals, with points in four of six games.

“He’s played great,” Getzlaf recently told the Orange County Register. “Cam put a lot on his shoulders last year. He had a great year for us last year and it gets overlooked a little bit because he does it in a little bit quieter way. He’s not flashy.

“I thought his play has carried over from last year. He’s continued to play the same way and at a high level.”

This win puts the Ducks within a point of the San Jose Sharks. The two California rivals face each other Tuesday in San Jose.

Video: Dan Girardi’s first goal in nearly a year lifts Rangers to victory

FILE - In this Feb. 11, 2012, file photo, New York Rangers' Dan Girardi looks on during an NHL hockey game against the Philadelphia Flyers in Philadelphia. The Rangers say they have agreed to terms with Girardi on a multiyear contract extension, taking the key defenseman off the trading block and keeping him away from unrestricted free agency. The deal was announced Friday, Feb. 28, 2014. (AP Photo/Matt Slocum, File)
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An offensive defenseman, Dan Girardi is not.

His last goal prior to this weekend? Nov. 12, 2015. It’s been a while. Almost an entire year now. But in his return to the New York Rangers lineup on Sunday, the 32-year-old Girardi was able to bust his scoring slump on a slap shot from the blue line that beat Arizona Coyotes goalie Louis Domingue.

The Rangers eventually won by a final score of 3-2, with Girardi’s goal counting as the winner. He scored only twice last season, and hasn’t scored more than five goals in a single season since 2009-10.

Despite poor start, Elliott ‘will find his game very soon,’ says former teammate Jake Allen

EDMONTON, AB - OCTOBER 12:  Goalie Brian Elliott #1 of the Calgary Flames skates against the Edmonton Oilers on October 12, 2016 at Rogers Place in Edmonton, Alberta, Canada. (Photo by Codie McLachlan/Getty Images)
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OK. So, Brian Elliott isn’t off to a good start in net for the Calgary Flames.

He has lost all three of his starts. He’s allowed 14 goals with a save percentage of only .839. Not good. Not good at all, especially considering the Flames acquired Elliott with the hopes of addressing their goaltending concerns from previous seasons.

Chad Johnson has instead started three of the last four games for Calgary.

Whether it’s Elliott or Johnson in net, the Flames have given up the most goals against in the league, while giving up 30.2 shots against per 60 minutes at five-on-five. That puts them 18th in the league at even strength.

But despite Elliott’s difficult start, a former Blues teammate of his has voiced support for the 31-year-old puck stopper, optimistically stating that a turnaround will happen.

“I wouldn’t worry one bit. That’s just my perspective,” Blues goalie Jake Allen told the Calgary Herald. “He’s one of the most competitive people I have ever met, and he will find his game very soon.

“Obviously, he wanted to get off to a good start (in Calgary), that’s first and foremost, but if it doesn’t go that way, he will rebound and find it. I’m 100 (per cent) about that. I wouldn’t be too concerned if I was a Flames fan.”

That’s reassuring. Maybe.

Elliott enjoyed five strong seasons in St. Louis, playing alongside Allen for three of those seasons. But St. Louis was — and still is — a very structured team under head coach Ken Hitchcock, which certainly bodes well for goalies.

It’s still very early in Elliott’s tenure in Calgary, which also has a new head coach in Glen Gulutzan.

The coach will have an interesting decision coming up next week, with the Flames making a quick two-game stop in the Central Division. They’ll face the Chicago Blackhawks on Monday and the Blues the following night.

Elliott didn’t get a chance to face his old team Saturday. Perhaps he’ll get that opportunity in St. Louis on Tuesday.