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.
Brendan Perlini is off to an impressive start this season with the Tuscon Roadrunners in the American Hockey League. The scoring has been there. The production has been there.
Averaging a point per game with 11 goals through 16 contests in the minors, Perlini is on his way to the NHL. The Arizona Coyotes officially recalled the 20-year-old forward — selected 12th overall in the 2014 draft — from Tuscon on Sunday.
The rebuilding, youthful Coyotes are last in the Pacific Division right now, stuck with eight wins through 23 games.
They gave up 60 shots to the Columbus Blue Jackets on Saturday but managed to earn a single point thanks to the play of their goalie Mike Smith.
The Coyotes are on the road Monday and Tuesday this week. They’ll open this quick trip against Columbus, although it hasn’t been determined when Perlini will get into the lineup.
But with a back-to-back situation on the road, it seems likely he’ll make his NHL debut at some point in the next two days.
“Brendan possesses elite speed and goal scoring ability,” said general manager John Chayka. “He has led the AHL in scoring early on and we believe he has earned the opportunity to show what he can do at the NHL level.”
Not much in the way of pleasantries between the Chicago Blackhawks and Winnipeg Jets on Sunday.
It started with Jordin Tootoo and Chris Thorburn dropping the gloves just 2:22 into this Central Division contest, with the Jets forward earning the takedown at the end of the scrap.
Bit of a size mismatch. Tootoo is listed at five-foot-nine-inches and 195 pounds, while Thorburn is six-foot-three-inches tall and 235 pounds.
Both teams are missing key players in this one.
Jonathan Toews is once again out of the Chicago lineup — and, it was revealed before Sunday’s game, that he won’t skate for the next few days — while Mark Scheifele misses this game for the Jets.
Philadelphia Flyers forward Matt Read is done for the night with an upper-body injury, the team announced.
Read, who only played three shifts today, was hit into the net by Nashville Predators forward Filip Forsberg during the first period. Flyers GM Ron Hextall announced the veteran forward suffered an upper-body injury.
There was no call on the play.
In 26 games this season, Read has six goals and 10 points.
Alexander Radulov has been a pretty good acquisition for the Montreal Canadiens, and he continued to prove that Sunday against the L.A. Kings.
Radulov scored in the shootout against the Kings, helping the Canadiens to a 5-4 victory. He also scored in the second period and had two assists for a three-point night. Not bad.
But his shootout goal was sweet. Just made it look easy, as he went to the backhand, top shelf on Peter Budaj.
With reported tension between coach Michel Therrien and Max Pacioretty, the Habs captain scored twice and had an assist. Another three-point night.
So, the Habs got offensive contributions from their best players.
That said, one of their best players, Alex Galchenyuk left the game late in the third period after a collision with Anze Kopitar away from the puck.
Galchenyuk didn’t return for the overtime. In 25 games, he has nine goals and 23 points, emerging as the No. 1 center in Montreal when the season began.