Report: Devils to lose money in 2014-15

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Despite having new owners in Josh Harris and David Blitzer, the New Jersey Devils are scheduled to once again lose money in 2014-15.

According to the report from Tom Gulitti of The Record, Harris and Blitzer — who purchased the team from Jeff Vanderbeek a year ago for $320 million — are still fixing previous financial issues.

The Devils missed the playoffs for a second straight season in 2013-14 and according to Blitzer the team will not turn a profit in 2014-15 even if New Jersey qualifies for the postseason.

“We’re not going to make money this year. Let’s be clear,” said Blitzer. “I don’t know the exact numbers, but our view is to get it to the right place and we know over a longer period of time we do believe we can get it to be a profitable team on the business side or the equation. It is not today. I don’t expect it to be next year, but over time you can’t have a business that over 30 years it doesn’t become a profitable team because that just doesn’t work.”

According to the report, the team had debt issues and was “under invested in” on the business side.

Devils CEO Scott O’Neil points out the team was severely understaffed on the business side with just 76 employees when the new group took over. Since then, the staff has nearly doubled.

The team’s debt isn’t expected to factor into the Devils and GM Lou Lamoriello’s ability to spend money. As it stands, New Jersey sits with less than $5 million to play with.

Lamoriello compared the situation under previous ownership to that of the Phoenix Coyotes saying that he had to report to the league as a result of the team’s financial struggles.

“It was like Phoenix from a hockey standpoint. That was fact,” said Lamoriello. “You had to do things in a different way.”

Lamoriello pointed to the signing of unrestricted free agent Mike Cammalleri and contract extensions to Cory Schneider and Andy Greene as ways things have changed under the new group.

The GM said things are “status quo”  with unrestricted free agent Ryan Carter. According to Gulitti, Carter seems to be waiting for the Devils to move a forward before re-signing him.

When asked about restricted free agent Eric Gelinas, Lamoriello said, “We have a month to go. We want to get him signed.”

New Jersey finished the 2013-14 season with a 35-29-18 record and in 10th place in the Eastern Conference.

Related: Devils GM shakes off 0-13 shootout record, pumps up free agent moves

Leafs pass Bruins for third in Atlantic after gutsy win against Columbus

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It wasn’t pretty – especially if you’re disgusted by that Roman Polak hit – but the Toronto Maple Leafs keep generating big wins as a playoff return looks increasingly likely.

Toronto managed a 5-2 win against the Columbus Blue Jackets on Wednesday, passing the Boston Bruins for third place in the Atlantic Division:

Maple Leafs: 83 points in 72 games
Bruins: 82 points in 73 games

This leaves the currently in-action New York Islanders four points behind the Bruins for the final wild card in the East.

The Maple Leafs aren’t just grabbing key points; they’re doing so against some strong opponents who’ve had plenty on the line, too. They beat a Metro contender in Columbus tonight, the Bruins on Monday, grabbed an OT point against Chicago on Saturday and handled the desperate Lightning last Thursday.

This game was all about William Nylander‘s brilliant start:

And also Toronto surviving a long penalty kill after that Polak hit:

Nazem Kadri‘s 30th goal really put the game out of reach, helping Toronto nab a significant victory.

The Blue Jackets can wallow in this defeat and Oliver Bjorkstrand‘s injury, either, as they turn around to face the Washington Capitals in a big one tomorrow.

Tortorella was irate after Roman Polak boarded Oliver Bjorkstrand

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John Tortorella was left enraged after Roman Polak delivered a dangerous boarding hit on Oliver Bjorkstrand, and he probably wasn’t too pleased after the Columbus Blue Jackets failed to make Toronto pay for Polak’s misdeeds.

Polak received a game misconduct and boarding major for the hit, but the Blue Jackets failed to score on a lengthy power play. Tortorella played to script, as cameras caught him expressing his anger at the situation.

First, take a look at the hit:

Next, behold Tortorella’s anger:

Again, Columbus couldn’t capitalize on its opportunities, so that didn’t make things any better.

Right now, the Maple Leafs lead the Blue Jackets 3-2. If Toronto ends up winning, this will stand as one of the game’s pivotal moments.

It’s far from the only exciting moment, however, with these goals and big hits also standing out.

Video: Josh Ho-Sang’s creativity gives Islanders a shot in the arm

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Honestly, after 10 games, the question shouldn’t be “can Josh Ho-Sang stick with the Islanders full-time?” Instead, the feeling is … what took so long for him to get this chance?

For all the grumbling about Ho-Sang sporting number 66, he’s provided serious bursts of brilliance and creativity for the Islanders, whether he’s been supporting or even setting up John Tavares.

The video above is some really good stuff, as it walks through his confident comments – and undeniable uncertainty – during the night he was drafted, all the way through him getting his chance with the Isles this season. Some of the best stuff comes from Doug Weight, who raves that Ho-Sang is a “five out of five” from an offensive standpoint.

Leafs’ Nylander puts on show with breakaway goal, assist on Matthews’ 33rd

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This wouldn’t have been worth a chuckle if not for the correction. (Well, maybe a chuckle at Auston Matthews‘ expense.)

On the 33rd goal of his brilliant rookie season, Auston Matthews made it 2-0 for Toronto on the power play. Crusty “act like you’ve been there” types might grumble that he actually celebrated before a goal really happened, only to tap it in for real the second time around. The rest of us, again, get a mild chuckle.

William Nylander‘s pass was nothing to laugh at, however. That one just gets a big thumbs up.

Hnnngmgghh indeed.

That goal could end up being key as the Blue Jackets quickly scored to start the second period, shrinking Toronto’s lead to 2-1 on Wednesday.

Update: OK, so Nylander’s really stealing the show. This is stupendous.