Gary Bettman at the NYSE

Bettman: ‘we probably do better than the Dow’

12 Comments

NHL commissioner Gary Bettman, along with the Stanley Cup, made a trip to the New York Stock Exchange on Friday.

Per CNBC, Bettman took the opportunity to talk up the league’s attendance and TV ratings following a lockout that many predicted would hurt business badly.

“We’ve got great players, a great game, and the best sports fans in the world,” said Bettman, who also cited the NHL’s “incredible competitive balance” that provides numerous teams with a chance to win the Cup.

And in a pitch the commissioner has likely used before, he also referenced the dramatic rise in franchise values that has occurred in recent years.

“For most sports teams we probably do better than the Dow,” said Bettman, “It’s a good, stable investment.”

That said, money isn’t the only thing that drives NHL owners.

“On a cash-flow basis, there are probably other things you can do, cash-on-cash return, that would be annually better,” Bettman acknowledged.

“You do it because you love the game, and you love the community.”

Video: Rangers shut out red-hot Sidney Crosby and the Penguins

1 Comment

The New York Rangers are likely too far behind the Washington Capitals to take any legitimate run at the Atlantic Division down the stretch.

But winners now of four straight, the Rangers have opened up a bit of a gap between them and other Eastern Conference teams in the playoff race. New York scored a 3-0 win over the Pittsburgh Penguins, winners in six of their last seven games, on Wednesday.

In the process, they held a red-hot Sidney Crosby off the score sheet, which has been a difficult, sometimes impossible task for opposing teams since about the middle of December. He entered this game with a seven-game scoring streak.

(In fact, New York held No. 87 to without a shot on goal in the entire game.)

Henrik Lundqvist stopped all 34 shots he faced for the shutout.

Kevin Hayes gave the Rangers the lead in the first period, before Dominic Moore and Jesper Fast put the game away in the third.

Pittsburgh remains in the second Wild Card spot in the East. The Rangers now move three points clear of the rival Islanders for second in the Metropolitan.

Video: Wideman hearing ‘a tricky case’ as NHLPA hopes to get 20-game suspension reduced

Leave a comment

There is no certain timeline for when NHL commissioner Gary Bettman might rule on Dennis Wideman‘s appeal, according to a report from hockey insider Darren Dreger on NBCSN, as the Calgary Flames defenseman hopes to get his 20-game ban for hitting linesman Don Henderson reduced.

“Now, ultimately what they’re hoping from a Wideman perspective and the Players’ Association is that commissioner Gary Bettman will rule and he will reduce the number of games suspended down from 20,” said Dreger during a segment on NBCSN.

“Is he going to reduce it by three games? Five games seems a bit of a stretch. And when might he do that? There’s no timeline on this.”

Report: Coyotes shut down Vitale (concussion) for the season

Screen Shot 2016-02-10 at 6.45.35 PM
Leave a comment

Joe Vitale will not play again this season.

The Arizona Coyotes have shut Vitale down for the remainder of the 2015-16 campaign due to “concussion-related issues,” according to a report from Sarah McLellan of azcentral sports on Wednesday.

Vitale, a 30-year-old veteran center, appeared in only one game for the Coyotes this season. That was back on Oct. 17, when he suffered a concussion and broken orbital bone in a fight with Kevan Miller of the Boston Bruins.

Sens announce Frattin, acquired in Phaneuf deal, will stick with AHL Marlies

Matt Frattin
Getty Images
Leave a comment

Matt Frattin was traded by the Leafs to Ottawa yesterday as part of the Dion Phaneuf blockbuster.

But for now, he’s staying in Toronto.

On Wednesday, Sens GM Bryan Murray announced that Frattin will remain with the Leafs’ AHL affiliate — the Toronto Marlies — on loan, but will be available for selection should Ottawa require his services down the road.

Frattin, 28, has spent all of this season with the Marlies, scoring nine goals and 22 points in 47 games. His last NHL appearance came during the ’14-15 campaign, with the Leafs.

Prior to that, the former North Dakota standout had spent time in Los Angeles and Columbus.