For those who haven’t had their fill of Eugene Melnyk today, here’s a lengthy Ottawa Citizen article on the embattled Senators owner, who claims he’s lost almost $100 million on the team since buying it in 2003.
How much are the Senators costing him? It’s impossible to be definitive because, despite its high public profile, the team is a private company. Not only that, the NHL regularly warns the 30 franchise owners not to divulge details about their operations. Nevertheless, Melnyk and two of his long serving senior executives — Leeder and chief financial officer Erin Crowe — offered some insight into the team’s finances.
On Melnynk’s decade-long watch, they say, the team has generated a grand total of just $6 million on operations — that is, total revenues minus the costs associated with paying and moving the players, advertising and managing the arena. After subtracting items unrelated to operations — such as interest on the team’s debt and capital expenditures to keep the arena up-to-date — Melnyk has had to absorb cumulative cash losses of $94 million. In short, he is losing an average of $9 million to $10 million a year. And this excludes the additional interest and fees related to the debt extensions.
There’s more in the story, which is well worth a read.
Earlier today, Melnyk blasted agent J.P. Barry over the failed Daniel Alfredsson negotiations.
Related: More bad news for Sens owner Melnyk
Alex Burrows doesn’t want a trade out of Vancouver and he wants to make sure everyone knows it.
On Saturday, Sportsnet’s Elliott Friedman reported that Burrows was potentially willing to waive his no-trade clause if a deal came up.
When asked about the report, Burrows went into denial mode.
“There’s no truth to that,” Burrows told beat reporter Ben Kuzma. “I’ve never talked to management or coaches about it.
“Last time I talked to my agent was to wish him Merry Christmas.”
Whether or not Burrows is willing to accept a deal out of Vancouver may be irrelevant.
The 34-year-old has seven goals and 16 points in 53 games this season, and he comes with a cap hit of $4.5 million dollars next season.
That’s pretty steep for a guy who’s on pace to score just 25 points this year.
If the Canucks want to find a taker for his services (assuming he’s willing to go), they’ll likely have to take a good-sized contract back or they’ll have to eat some of his remaining salary.
It makes sense that a swift bit of history happened in a game in which three goals were scored scored on three shots in about three minutes.
Brad Marchand found the net eight seconds in after an icing call, setting a new record for the Boston Bruins.
(You can see that goal in the video above.)
Watch that three-goal burst in this video:
The two teams weren’t done then. Loui Eriksson made it 3-1 while Pavel Datsyuk scored his 900th point to make it 3-2.
Maybe the best moment wasn’t a goal: Torey Krug was seemingly hurt by a Pavel Datsyuk hit, yet he returned without missing much time.
When the New Jersey Devils shut down a team 1-0, it’s usually with Cory Schneider in net.
Their workhorse got the afternoon off against the Los Angeles Kings on Sunday, yet Keith Kinkaid did his Schneider impression, grabbing his first NHL shutout in the process.
It was a low-event game with just 46 combined shots on goal, but Kinkaid had to work, stopping all 28 shots. To give you an idea of how tight this game was, the only tally was credited to David Schlemko on the power play.
This gives the Devils three straight wins. They managed to climb into third place in the Metropolitan Division, although New Jersey’s edge is a little misleading; the Islanders trail them by one standings point while holding three games in hand.
That leaves the Islanders in the bottom wild card spot, while the Penguins aren’t so far behind either.
Third in Metro: Devils – 65 points with 57 games played
Second wildcard: Islanders – 64 points, 54 GP
First spot outside the East playoffs: Penguins – 63 points, 54 GP
So, the Devils’ hold of a playoff spot is a bit tenuous, yet the bottom line is that they’re staying in the mix.
The Kings, meanwhile, remain comfortably in first in the Pacific.
The Boston Bruins (without Patrice Bergeron) take on the Detroit Red Wings (missing Jonathan Ericsson) on Sunday afternoon.
It’s a matchup between the second-ranked and third-ranked teams in the Atlantic Division, with little separating the two in the standings.
You can watch the game on NBC and also stream it online via the link below.
CLICK HERE TO WATCH LIVE