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.”

Sens match season-high for goals, beat Dallas 7-4

Bobby Ryan, Antti Niemi
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DALLAS (AP) Jean-Gabriel Pageau scored two third-period goals and the Ottawa Senators held off the Dallas Stars for a 7-4 victory Tuesday night.

Ottawa was outshot 37-20 but scored three unassisted goals after takeaways, one on the power play and another short-handed, by Pageau.

Craig Anderson made 33 saves in his third straight win, including two shutouts. He had his scoreless streak snapped at 147:04, when Patrick Sharp scored in the second period.

Pageau scored on two breakaways, including his league-leading third short-handed, and added an assist. He has six goals this season.

Dallas goalies Antti Niemi and Kari Lehtonen combined to make only 13 saves.

The Senators’ Mike Hoffman also had two goals, one into an empty net. Mark Stone had a goal and two assists. Bobby Ryan and Milan Michalek also had goals.

NHL leader Jamie Benn scored his 15th and 16th goals for Dallas. Benn assisted on Tyler Seguin‘s goal.

The Senators are 4-0-2 in their last six games. Dallas’ loss ended the Stars’ five-game winning streak.

Ottawa didn’t have a shot on goal for the first 7:10, but its attempt went in for a 1-0 lead. Ryan took away the puck in the left faceoff circle, skated in front of Niemi and tucked the puck into the right corner.

Michalek scored at 18:49 of the first period for a 2-0 lead. Stone won a battle along the left-wing boards, and the puck went to Pageau. He passed to Michalek in the center of the left circle, and Michalek sent a wrist shot past Niemi into the upper right corner.

Sharp finally got to Anderson at 7:04 of the second. Cody Eakin tapped a pass ahead to Sharp, who sent a slap shot past the goalie.

The Senators regained a two-goal lead, when Stone intercepted a pass from the Stars’ Patrick Eaves at the blue line, stepped to the top of the slot and scored on a wrist shot at 12:33.

Lehtonen then replaced Niemi, who had allowed three goals in nine shots. The first shot Lehtonen faced was Hoffman’s goal from the top of the left circle on the power play.

Niemi re-entered the game at 1:05 of the third period, after Lehtonen made two saves. On the first shot Niemi faced, he allowed a short-handed breakaway goal by Pageau on a shot that trickled between the goalie’s legs.

Benn scored on a short-handed breakaway at 6:07. Just 1:57 later, Seguin scored from the right circle.

NOTES: Ryan has at least one point in nine straight games (4 goals, 7 assists, 11 points). … Anderson came into the game with two shutouts in a row after an overtime loss. … Dallas D Jason Demers (lower-body injury) was scratched from the lineup, but D Jordie Benn returned after missing Saturday’s game because of illness. … The Stars’ John Klingberg took the NHL lead with his 20th assist on Sharp’s goal. He and Ottawa’s Erik Karlsson, who assisted on Hoffman’s goal, are 1-2 in scoring among the league’s defensemen. . Dallas had won the previous seven games against the Senators.

Coyotes GM ‘called right away’ on Hamonic

Don Maloney
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You can add Arizona to the list of teams that tried to get in on the Travis Hamonic sweepstakes.

“[He’s] a talented player,” Coyotes GM Don Maloney said, per the Arizona Republic. “We certainly called right away, but we do not have a good fit for them right now.

“That’s the bottom line. They’re looking for a ready-made complement player.”

Hamonic, who requested a trade out of New York, is garnering plenty of interest across the league. TSN’s Darren Dreger reported five clubs — Winnipeg, Calgary, Edmonton, Colorado and Minnesota — were in the mix, with Sportsnet floating potential trade chips like the Jets’ Jacob Trouba, and the Flames’ T.J. Brodie.

It’s unsurprising the Coyotes didn’t have a fit for Isles GM Garth Snow.

It’s hard to imagine — nearly impossible, really — to think Oliver Ekman-Larsson would be on the move, and the rest of the Arizona defense is comprised of unheralded youngsters (Michael Stone, Connor Murphy) or grizzled vets (Nicklas Grossmann, Zbynek Michalek).

But Maloney’s remarks are still noteworthy, because he more we hear about the Hamonic situation, the clearer the asking price gets.

Related: Hamonic willing to finish season with Isles

Star struck: Sens chase Niemi after three goals on nine shots (Update: And now he’s back)

Milan Michalek, Antti Niemi
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Bet Antti Niemi misses playing Buffalo.

Niemi, who stopped 46 of 47 shots in back-to-back wins over the Sabres last week, was hooked during Tuesday’s game against the Senators after allowing three goals on nine shots.

In Niemi’s defense, tonight’s goals weren’t exactly his fault.

John Klingberg coughed up the puck badly on Bobby Ryan‘s opening tally…

And on Ottawa’s second goal, Jyrki Jokipakka lost a board battle moments before Milan Michalek snapped one home:

The Sens’ third marker also came on a turnover.

Update: Well, this is quite the night for Dallas netminders. Kari Lehtonen replaced Niemi, allowed a goal, then got hurt in this collision with Klingberg, which forced him from the game and Niemi back into action.

Foley aware of Seattle reports, but says Vegas is ‘proceeding as if we will play in 2017’

Gary Bettman, Bill Foley
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Bill Foley, the man behind Las Vegas’ prospective NHL expansion team, says he knows about reports claiming the league is keeping an eye on a proposed Seattle arena.

He also says he isn’t going to worry about things out of his control.

“I’m aware of what’s going on (in Seattle) but in my communication with the league, our situation isn’t dependent on third parties,” Foley said Tuesday, per the Las Vegas Review-Journal. “We believe we’re in good shape and we’re proceeding as if we will play in 2017.”

Over the weekend, a Seattle Times piece suggested the NHL had yet to award Vegas or Quebec City an expansion franchise because the league is “avoiding any expansion decision until after an upcoming Seattle City Council vote likely to decide the fate of Chris Han­sen’s proposed Sodo District arena.”

The piece also suggested Seattle could be granted an expansion club for the 2018-19 campaign.


That vote, on granting Hansen part of Occidental Avenue South for his arena, is expected by January. No one knows how it will go, only that the lead-up should be politically charged and fiercely contested.

But passing it — future legal appeals notwithstanding — paves the way for Hansen to obtain his Master Use Permit and have his arena “shovel ready” should he choose to build.

And that means, once a vote passes, it’s entirely possible the NHL could conditionally award Seattle an expansion team.

To his credit, Foley remains solely focused on his Vegas bid — not what potential rival bids could bring to the table. And while he confirmed he has yet to be invited to the Dec. 7 NHL Board of Governor’s meeting in Pebble Beach, he re-iterated his only objective is to strengthen Sin City’s case for a hockey team.

“I’m focused on trying to find a place to build our practice facility,” he said. “I’m focused on the new arena and our fans who’ve put down deposits on season tickets.”