Dallas Stars v New Jersey Devils

Report: 76ers ownership group interested in buying Devils


The ownership group of the NBA’s Philadelphia 76ers — led by investment banker and majority partner Joshua Harris — is reportedly interested in buying the New Jersey Devils.

CSN Philly has confirmed the report, originally from Fox 29’s Howard Eskin, with “sources with knowledge of the situation.”

Tom Gulitti of NorthJersey.com also received confirmation from “two sources with knowledge of the Devils ownership process.”

The Devils have been searching for a new owner for quite some time, and have reportedly been in negotiations with Philadelphia-based attorney Andrew Barroway — but, according to Gulitti, Barroway’s sale agreement expired at the end of July without a deal being completed.

New Jersey’s current financial situation is cloudy at best. Owner Jeff Vanderbeek has spent much of the last two years feuding with Newark mayor Cory Booker, dealing with reports of unpaid loans and facing rumors of potentially defaulting on said loans.

In June, Forbes’ Mike Ozanian reported that Vanderbeek was $230 million in debt and suggested the Devils could be sold through a prepackaged bankruptcy sale, like the Dallas Stars were in 2011.

As for the Philly group? Here’s more, from CSN’s John Gonzalez:

According to Forbes, Harris is worth $2.1 billion. In 2011, he and the current Sixers ownership group bought the team for a reported $287 million. As of January 2013, Forbes valued the Sixers at $418 million.

Along with Harris, the new investment group is led primarily by David Blitzer. Blitzer, one of the Sixers’ owners, graduated magna cum laude from the Wharton School of Business. Blitzer is a senior managing director and head of tactical opportunities for Blackstone, the world’s biggest private equity firm by assets.

According to Bloomberg, Blackstone reported $3.3 billion in revenue last year. Blitzer, who joined the firm in 1991 and started its European private-equity business in 2002, reportedly manages a $1.5 billion fund on behalf of Blackstone.

It should be noted that, according to Gulitti’s sources, the Barroway group is still working on trying to buy the Devils and that, according to Gonzalez, the Harris group is considering a purchasing of “one of at least three different sports-related entities.”

NHL has no plans to change waiver rules

Manny Malhotra Ryan Stanton
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Even with all the young players that have been healthy scratches this season, don’t expect the NHL to change its waiver rules.

Deputy commissioner Bill Daly told PHT in an email that it’s not something that’s “ever been considered.”

“For better or worse that’s what waiver rules are there for,” Daly wrote. “They force Clubs to make tough decisions.”

Today, Montreal defenseman Jarred Tinordi became the latest waiver-eligible youngster to be sent to the AHL on a two-week conditioning loan.

Tinordi, 23, has yet to play a single game for the Habs this season. If he were still exempt from waivers, he’d have undoubtedly been sent to the AHL long before he had to watch so many NHL games from the press box.

In light of situations like Tinordi’s, some have suggested the NHL change the rules. Currently, the only risk-free way for waiver-eligible players to get playing time in the AHL is via conditioning stint, and, as mentioned, those are limited to 14 days in length.

So the Habs will, indeed, need to make a “tough decision” when Tinordi’s conditioning stint is up. Do they put him in the lineup? Do they keep him in the press box and wait for an injury or some other circumstance to create an opportunity for him to play? Do they risk losing him to waivers by attempting to send him to the AHL? Do they trade him?

Your call, Marc Bergevin.

Related: Stanislav Galiev is stuck in the NHL

Ortio clears waivers, assigned to Flames’ AHL team

Joni Ortio
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Joni Ortio has cleared waivers and been assigned to AHL Stockton, the Calgary Flames announced today.

The 24-year-old goalie was always likely to clear, what with his dreadful numbers this season (0-2-1, .868),

But we suppose there was always the chance he’d get picked up, so it’s a relief for the Flames all the same. With a little more time to hone his game in the AHL, Ortio could still turn out to be a quality NHL netminder.

In a related move, veteran goalie Jonas Hiller has been activated from injured reserve. Hiller and Karri Ramo are the only goalies on the Flames’ active roster now.

Price placed on injured reserve; Yakupov to miss 2-4 weeks with sprained ankle

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Two injury updates in one post.

First, the situation with Montreal goalie Carey Price, who was hurt last night versus the Rangers.

According to Canadiens coach Michel Therrien, Price has been placed on injured reserve with a lower-body injury. That means he’ll be out at least a week, though no exact timeline was provided.

“We don’t know how long Carey will be out, but for us it’s business as usual,” said Therrien.

Mike Condon will get the start tomorrow in New Jersey.

As for Oilers forward Nail Yakupov, he’ll be out 2-4 weeks after spraining his ankle last night in Carolina while getting tangled up with a linesman.

Getzlaf didn’t love the ‘dead’ atmosphere at Coyotes game

Martin Erat, Ryan Getzlaf

Ducks captain Ryan Getzlaf wasn’t impressed with at least two things last night in Arizona:

1. His team’s performance in a 4-2 loss to the Coyotes.
2. The atmosphere inside Gila River Arena, where the announced attendance was just 11,578.

“It’s hard. When you come into a building … it’s dead,” Getzlaf told the O.C. Register. “Nothing against the fans. It’s hard to fill a big building like this and have the amount of people in it to build your energy. So you have to do it yourself. You have to be ready when you step on the ice. I thought we came out flat.”

Anaheim’s record fell to 8-11-4 with the defeat.

The Coyotes’ average attendance also fell, to 13,144 in eight games.