Charles Wang

Report: NHLPA, Isles at odds over cable TV money

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Under the current CBA, NHL players are supposed to receive 50 percent of hockey-related revenues, with the owners getting the other half. Occasionally, however, the two sides can’t agree how to add up the revenue. Such is the case, apparently, when it comes to the New York Islanders and their cable TV deal.

From Forbes:

When Charles Wang bought the Islanders in 2000 for $187 million, $30 million of the purchase price was allocated to the team’s lucrative cable television contract, which belongs to MSG. The disagreement between the Islanders and the NHLPA is how the amortization (non-cash expense) should be treated when counting the team’s revenue for purposes of calculating the league’s salary cap. This season players are entitled to 50% of hockey-related revenue, according to the collective bargaining agreement between the players and owners that took effect last season.

Based the CBA, the Islanders claim they should be allowed to reduce their annual revenue by the amount of the annual amortization of the cable contract (a few million dollars a year). The NHLPA believes the Islanders should not be able to lower their revenue–and thus the amount of revenue that the players are entitled to–with a paper expense because the team is getting the full amount of the cable fee (over $20 million this season).

Again, this happens from time to time. For example, with the $25 million payment the Phoenix Coyotes received from the City of Glendale during the 2010-11 season. The union wanted that counted as HRR; the NHL didn’t. That dispute went to arbitration, according to the Globe and Mail.

As for this case, sources tell Forbes the Isles are likely to prevail.

We’re sure you can’t wait to find out for real.

Trade: Canadiens send Philip Samuelsson to Hurricanes for Keegan Lowe

ST PAUL, MN - JUNE 25:  President of Hockey Operations Kevin Lowe of the Edmonton Oilers and son 73rd overall pick Keegan Lowe by the Carolina Hurricanes look on during day two of the 2011 NHL Entry Draft at Xcel Energy Center on June 25, 2011 in St Paul, Minnesota.  (Photo by Bruce Bennett/Getty Images)
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The Montreal Canadiens and Carolina Hurricanes completed a minor trade on Tuesday afternoon when the Canadiens sent defenseman Philip Samuelsson to the Hurricanes in exchange for defenseman Keegan Lowe.

Neither player has played a game in the NHL this season and both will report to their respective AHL teams.

The most interesting aspect of this deal is that Samuelsson’s dad, former NHL defenseman Ulf Samuelsson, is the head coach of the Hurricanes’ AHL team, the Charlotte Checkers.

Samuelsson, originally a second-round draft pick by the Pittsburgh Penguins in 2009, has spent this season with the St. John’s IceCaps where he has one goal and four assists in 40 games. He has played in 13 games at the NHL level, most recently with Arizona last season, and has yet to record a point. He signed with the Canadiens over the summer as a free agent, inking a one-year, two-way deal.

Lowe, a second-round pick by the Hurricanes in 2011 and the son of former NHL player Kevin Lowe, has two games of NHL experience (both in 2014-15) and has spent the past two seasons playing in Charlotte. He has three goals and nine assists in 49 games this season. The Canadiens announced he will immediately report to St. John’s of the AHL.

Injuries adding up for Senators as Stone, Hoffman out tonight; Ryan to miss month

PHILADELPHIA, PA - NOVEMBER 15: Mark Stone #61 of the Ottawa Senators skates with the puck against the Philadelphia Flyers at Wells Fargo Center on November 15, 2016 in Philadelphia, Pennsylvania. (Photo by Patrick Smith/Getty Images)
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The Ottawa Senators, currently making a serious run at the top spot in the Atlantic Division, have been one of the biggest surprises in the NHL.

Unfortunately some major injuries are starting to hit them at the wrong time as they will be without several top forwards on Tuesday night when they take on the New Jersey Devils.

We already knew Bobby Ryan was going to be sidelined due to a hand injury, but coach Guy Boucher confirmed on Tuesday that the veteran winger is going to miss 4-6 weeks due to a broken finger. Adding to the injury issues on Tuesday is the fact forwards Mike Hoffman and Mark Stone will also be sidelined.

Stone, who was injured on Sunday night when he was on the receiving end of a Jacob Trouba hit that resulted in a two-game suspension, is going to miss the game due to a neck injury and there remains no timetable for his return.

Hoffman was also injured in that game against the Jets and will not play on Tuesday due to a groin injury.

These are some pretty significant injuries to the Senators, especially when it comes to Hoffman and Stone, two of the top-four scorers on the team and two of their most dangerous offensive players. The injury to Stone couldn’t have come at a worse time for him, either, as he has been on a roll over the past month, recording 13 points in the team’s past 13 games, including a five-point game against Toronto on Saturday night.

Entering play on Tuesday the Senators are just two points behind the Montreal Canadiens for the top spot in the Atlantic Division. A Senators win in New Jersey, combined with a Montreal loss in regulation to the Rangers, would move the Senators into a first-place tie and for the time being give them the edge on tiebreakers (fewer games played).

Maple Leafs place Brooks Laich on waivers

TORONTO, ON - FEBRUARY 29:  Brooks Laich #23 of the Toronto Maple Leafs skates against the Tampa Bay Lightning during an NHL game at the Air Canada Centre on February 29, 2016 in Toronto, Ontario, Canada.  The Lightning defeated the Maple Leafs 2-1. (Photo by Claus Andersen/Getty Images)
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Just one day after saying that he wants another shot in the NHL to win a Stanley Cup and that his best hockey might be ahead of him, the Toronto Maple Leafs have placed veteran forward Brooks Laich on waivers.

The 33-year-old Laich has been with the Maple Leafs organization since the middle of last season but has spent this entire season playing for the Toronto Marlies of the AHL.

He has just one goal and five assists in 22 games this season at that level.

Given Laich’s comments yesterday it is pretty clear that he still believes he has something to offer a Stanley Cup contender. Unfortunately for him there does not seem to be anything to suggest that when taking an objective look at his current position and recent performance. The Maple Leafs already placed him on waivers at the start of the season (he cleared), and his overall production has steadily dropped for several years now.

In 81 games last season between the Capitals and Maple Leafs he had just two goals, 12 assists, and was only 40 percent in the face-off circle. Another year older, combined with only six points in 22 games in the AHL, isn’t likely to inspire many teams to jump at him.

With a salary cap number of $4.5 million ($1.2 million for the rest of the season for any team that claims him) he would not be a cheap addition, either.

Flames see a ‘style fit’ with Stone

Michael Stone #26 of the Arizona Coyotes passes the puck against the Pittsburgh Penguins at Consol Energy Center on February 29, 2016 in Pittsburgh, Pennsylvania. (Photo by Matt Kincaid/Getty Images)
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The Calgary Flames wanted to add depth to their defense, and they didn’t want to wait until the last minute to get it done.

So, after signing Matt Bartkowski last week, they added Michael Stone yesterday in a trade with the Arizona Coyotes.

The trade deadline isn’t until next Wednesday.

“We have five games before the deadline, so we tried to get out ahead of it a bit,” Flames GM Brad Treliving said, per the Calgary Herald. “We’re deeper than we were a week ago, so we’re happy with it.”

Stone, a right shot, is expected to skate on the Flames’ second or third pairing with T.J. Brodie or Bartkowski, respectively. He may replace Dennis Wideman, who logged just 13:35 in Saturday’s OT loss at Vancouver.

“T.J. has some tempo to him so that could be a good fit. Whether it’s him or Bartkowski, we feel there’s a style fit,” Treliving said, per Arizona Sports. “We have some left-side guys who can skate and when Stony is at his best he’s playing with a partner who can skate and retrieve pucks so he can stabilize.”

The Flames play tonight in Nashville.