Markham

New funding option for NHL-caliber arena in Toronto suburb

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There’s a new proposed financial framework to build an NHL-caliber rink in the Toronto suburb of Markham, according to the general partner of the project, GTA Sports & Entertainment.

From the press release:

This new option proposes that GTA Centre, LP would be responsible for funding all costs towards the construction of the GTA Centre above a maximum amount of $162.5 million, which the City of Markham would facilitate through receiving private sector developer contributions.

As a result of this new option for the financial framework, the City of Markham would no longer need to borrow $325 million — as in the original financial framework option that was approved by an 11-2 vote by City Council in April 2012 — and the GTA Centre would be 100% privately funded.

Two leading investment banking firms, Wall Street firm Jefferies LLC and Bay Street firm Canaccord Genuity have joined the GTA Centre team to support this new option.

Concerns were raised last year about the financial framework of the project. It was reported in August that the deal could be dead by September. Hence, the new proposed framework.

“We believe that our new option should be considered seriously by Council members,” said W. Graeme Roustan, Chairman and CEO, GTA Sports & Entertainment. “I have met with several private sector developers who support the GTA Centre and want to make financial contributions to the city towards its development. I am very confident that the City of Markham will come up with a satisfactory way to receive the contributions from the private sector developers.”

Roustan has claimed in the past that an NHL tenant is not required in order for the building to be profitable; however, if a new rink is indeed built, expect the expansion/relocation speculation to heat up again.

Sheary’s in for Penguins in Game 2; Kunitz is a game-time decision

Pittsburgh Penguins' Conor Sheary (43) is greeted by teammates Brian Dumoulin (8) and Chris Kunitz (14) after scoring his first NHL goal, in the first period of the Penguins' hockey game against the Boston Bruins, Friday, Dec. 18, 2015, in Pittsburgh. Bruins' Brad Marchand is at lower right. (AP Photo/Keith Srakocic)
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Both the Pittsburgh Penguins and Washington Capitals might look a little different in Game 2 on Saturday after that blistering Game 1.

As the team down 1-0, it’s not too surprising that the Penguins boast the more significant lineup questions, although they lean toward health concerns rather than performance tweaks.

Conor Sheary was able to return during Game 1 after Tom Wilson‘s controversial knee-to-knee hit, and he appears to be in for tonight’s contest as well. Chris Kunitz isn’t quite a guarantee, as he’s currently labeled a game-time decision.

For what it’s worth, Kunitz himself believes he’ll be in. Whether he plays on Saturday or not, it sounds like Kunitz is taking extra safety measures going forward.

The Penguins stayed vague with Marc-Andre Fleury, merely claiming that he’s making “progress.”

Generally speaking, Matt Murray has been playing well for the Penguins. Of course, the scrutiny will rise if Pittsburgh loses Game 2 on Saturday.

The Capitals are also considering a tweak. CSN Mid-Atlantic reports that Barry Trotz is pondering replacing Dmitry Orlov with Taylor Chorney.

“They told me to be prepared as if I’m going to be playing,” Chorney said. “We’ll just see how it goes.”

As you may notice, Chorney isn’t the only one in wait-and-see mode heading into Game 2, which you can watch on NBC.

Hitchcock, Blues know they need to slow down the Stars … but can they?

The puck shot by Dallas Stars left wing Antoine Roussel crosses the goal line as St. Louis Blues goalie Brian Elliott (1) and defenseman Jay Bouwmeester (19) attempt the stop during the second period of Game 1 of the NHL hockey Stanley Cup Western Conference semifinals, Friday, April 29, 2016, in Dallas. The Stars won 2-1. (Tom Fox/The Dallas Morning News via AP)
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The Dallas Stars only beat the St. Louis Blues by one goal (2-1) in Game 1, but the feeling is that the score was deceptively close.

Blame it on fatigue from that epic series against the Chicago Blackhawks or not; the Blues looked out of rhythm and out of breath against the hard-charging Stars.

At least they’re not in denial about that, though.

“We’re not going to beat anybody giving up 40 shots on goal,” Blues coach Ken Hitchcock told the St. Louis Post-Dispatch after their Game 1 loss on Friday. “We’re not going to beat anybody giving up the scoring chances we did today.”

Hitchcock added “we’ve got to find the energy to play our game, and we’ve got to find it quickly in the next 48 hours.”

Allowing 40 shots on goal might not be that common for the Blues, yet they leaned heavily on Brian Elliott against the Blackhawks in that series.

Just look at the SOG comparison in that series and in Game 1 vs. Dallas:

Game 1: Blues – 18 SOG, Blackhawks – 35
Game 2: Blues – 31, Blackhawks – 29
Game 3: Blues – 36, Blackhawks – 46
Game 4: Blues – 20, Blackhawks – 42
Game 5: Blues – 46, Blackhawks – 35
Game 6: Blues – 28, Blachawks – 36
Game 7: Blues – 26, Blackhawks – 33

Game 1: Blues – 32, Stars – 42

Such shot comparisons make you wonder if Game 1 provided evidence of a rest advantage or if this might just be the state of affairs for the Blues (at least against two electric offenses).

One area to watch is the transition game. The Stars seemed to tear through the neutral zone while the Blues sometimes struggled to get things going.

“They’re a team that wants to play real fast up the ice and through the neutral zone,” Jay Bouwmeester said, via the St. Louis Post-Dispatch. “Yeah, we didn’t do a very good job of slowing them down. A lot of their chances were off the rush. That’s what you want to take away from them.”

File that under “easier said than done.”

Gather your lucky charms, 2016 NHL Draft Lottery is tonight

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Honestly, it’s tough to blame people for making Edmonton Oilers jokes in regards to the 2016 NHL Draft Lottery.

Really it’s only human nature to drop one-liners about the perennial cellar-dweller that (seemingly) always lands the No. 1 pick.

Will it happen again this time around? We’ll find out soon enough, more precisely sometime around 8 p.m. ET on NBC.

As you can see, the Oilers do not have the best odds to land the top pick … but they’re close:

A reminder: this time around the lottery will determine the top three picks. The NHL discusses that tweak and other changes here:

For the first time, the 2016 NHL Draft Lottery will assign the top three slots in the first round of the NHL Draft – a change from prior years, when the Draft Lottery was used to determine the winner of the first overall selection exclusively.

Want the full lowdown on the 2016 NHL Draft Lottery? PHT has you covered here.

Here’s your Stanley Cup playoffs schedule for tonight

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The Stanley Cup playoffs continue with two games on Saturday. You can catch tonight’s games via the NBC Sports Group’s television and digital platforms.

NY Islanders at Tampa Bay (3:00 p.m. ET)

The TV broadcast of Game 2 will be on NBC. To stream the game using the NBC Sports Live Extra app, click here.

Pittsburgh at Washington (8:00 p.m. ET)

The TV broadcast of Game 2 will also be on NBC. To stream the game using the NBC Sports Live Extra app, click here.

Some reading to get you pumped up:

– The Penguins are keeping chatty Marc-Andre Fleury from speaking to the media (reportedly).

Tom Wilson received a fine, not a suspension, for that knee-to-knee hit.

T.J. Oshie was the difference-maker for Washington in Game 1.

– Don’t expect Steven Stamkos to face red-hot John Tavares anytime soon (or at all, maybe).

Read about the Isles’ Game 1 win.