The talk about the financial distress the New Jersey Devils may or may not be in has been discussed a lot lately. There’s a chance that could all be coming to an end soon, however.
Mike Ozanian of Forbes.com reports the Devils may be sold to attorney Andrew Barroway. He reports the NHLPA is telling its members that Barroway has loaned $30 million to the Devils to help pay down their debt and that a group led by Barroway may be purchasing the team.
Forbes’ report quotes a memorandum that went out to the Players’ Association on June 27, 2013 that says the team has run into “serious cash flow issues” that have resulted in missed payments that were resolved by the league. That much we’d heard about previously. Their comment on Barraway makes for new information.
“Recently, the Club was able to arrange a significant infusion of debt capital ($30 million) from an investor that is interested in purchasing the the Club from [Jeff] Vanderbeek. We understand from League officials that the new investor, Andrew Barraway [sic], is currently negotiating with Vanderbeek and thier [sic] expectation is that either Barroway or another ownership group will end up owning the team within the next 120 days or so.”
PHT reached out to the NHLPA for comment, but they declined to speak about it.
The Devils having a new owner within the next four months would help make for an even busier time for the NHL as they’re on the verge of a resolution regarding the Phoenix Coyotes’ ownerless situation.
Barroway was once part of a group that tried to purchase the Philadelphia 76ers. As for the current owner of the Devils, Tom Gulitti of Fire & Ice adds that Vanderbeek will maintain a minority share of the team.
Lawson Crouse has joined a talented group of young forwards in Arizona, after the Coyotes acquired the 2015 first-round pick from the Florida Panthers on Thursday.
The Coyotes had to take on the contract of injured forward Dave Bolland, but in their minds, it was worth it to get a player like Crouse, who certainly brings size up front at six-foot-four-inches tall and 212 pounds. He had 23 goals and 62 points in 49 games this season with Kingston in the OHL.
“He’s a unique guy because usually when you add a guy with the type of size he has you usually give up a little bit in skating or you give up a little bit in skill,” said general manager John Chayka, as per the Coyotes website.
“He’s a guy that you add the size and he actually enhances that for your entire group. In our opinion, it was a guy that’s rare to find, difficult to obtain. Certainly, once they become established in the league, those players are locked up well into their 30s and then you end up trying to maybe overpay for a player that has these attributes that’s not in the prime of his career.”
Crouse, who turned 19 years old in June, now joins the likes of Max Domi, Dylan Strome and Anthony Duclair as part of Arizona’s group of up-and-coming young forwards. He has familiarity with all three from playing in the OHL or for Team Canada at the world juniors.
“He can fly. He’s fast and he hits and he scores goals. You kinda get the total package,” Strome told Sportsnet.
There’s been another possible development in the search for a team name for the Las Vegas NHL franchise.
The Las Vegas ‘Desert Knights’ could perhaps be a thing.
From the Las Vegas Review-Journal:
Last week domain names were registered that might be an indicator that the NHL team scheduled to begin play in 2017 could be called the Las Vegas Desert Knights.
Last week the domains lasvegasdesertknights.com, vegasdesertknights.com and desertknightshockey.com were privately registered to Moniker Privacy Services, which is the same company that procured the domain name to NHL.com.
DetroitHockey.net first reported the new domain name Thursday morning.
Foley said via text message he had no comment regarding the process when reached by the Review-Journal.
As the Las Vegas franchise continues to hire key members for its hockey operations department, there is growing intrigue when it comes to the search for a new name.
What will this new franchise be called?
The wait continues, and there has been a lot of space dedicated to speculating and discussing the possibilities.
It’s been reported that the expansion franchise could use one of at least three ‘Hawks’-orientated names. Owner Bill Foley also said this summer that Las Vegas can’t use a ‘Knights’ nickname is Canada, because London’s OHL franchise was also named the Knights.
Stay tuned . . .
Scott Luce has gone from the Florida Panthers to the Las Vegas expansion franchise.
The new NHL organization — still searching for a team name — announced Thursday that it has hired Luce as its new director of amateur scouting.
Luce spent the last 14 years in Florida, as a scout and as director of player personnel.
Luce was let go earlier in the offseason, as the Panthers underwent massive change within their front office, with the promotion of Dale Tallon to president of hockey operations and Tom Rowe to GM, and more attention to analytics.
After announcing the hiring of Jared Bednar as their next head coach, the Colorado Avalanche have brought in forward Rene Bourque on a professional tryout, according to James Mirtle of the Globe and Mail.
Bourque became an unrestricted free agent at the beginning of July, after his six-year contract worth a total value of $20 million expired. The annual cap hit on his previous deal was $3.333 million.
He spent last season with the Columbus Blue Jackets, scoring three goals and eight points in 49 games. He was placed on waivers at the end of February.
During the 2014-15 campaign, he spent time with the Montreal Canadiens, Anaheim Ducks and the Blue Jackets, before a back injury sidelined him for the remainder of that season.