New York Islanders v New Jersey Devils

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

NHL odds: Coyotes biggest long shot to make playoffs in 2016-17

GLENDALE, AZ - SEPTEMBER 26:  (L-R) Christian Dvorak #18, Luke Schenn #2, Radim Vrbata #17, Dakota Mermis #43 and Max Domi #16 of the Arizona Coyotes celebrate after Schenn scored a first period goal against the Los Angeles Kings during the preseason NHL game at Gila River Arena on September 26, 2016 in Glendale, Arizona.  (Photo by Christian Petersen/Getty Images)
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With Max Domi, Anthony Duclair, Oliver Ekman-Larsson and Dylan Strome all in place, the Arizona Coyotes have an exciting core of young talent that should have a bright future in the NHL.

From a big picture outlook, there are plenty of reasons for optimism surrounding the Coyotes.

Vegas, on the other hand, isn’t a big believer in the Coyotes chances for the 2016-17 season.

The folks at Bovada released their playoff odds for the upcoming season and the Coyotes opened as the biggest long shot to make the playoffs (-600 to miss the playoffs; +400 to make them).

Here are the odds for every team, via Bovada.

Playoff Odds (From Most Likely to make the playoffs to least likely to make the playoffs)

Washington Capitals – To make the Playoffs?
Yes -1000 (1/10)
No +600 (6/1)

Tampa Bay Lightning – To make the Playoffs?
Yes -850 (17/2)
No +525 (21/4)

Chicago Blackhawks – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

Pittsburgh Penguins – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

St Louis Blues – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

San Jose Sharks – To make the Playoffs?
Yes -700 (1/7)
No +475 (10/4)

Los Angeles Kings – To make the Playoffs?
Yes -300 (1/3)
No +240 (12/5)

Dallas Stars – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

Florida Panthers – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

Nashville Predators – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

New York Rangers – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

New York Islanders – To make the Playoffs?
Yes -250 (2/5)
No +200 (2/1)

Anaheim Ducks – To make the Playoffs?
Yes -180 (5/9)
No +150 (3/2)

Boston Bruins – To make the Playoffs?
Yes -165 (20/33)
No +135 (27/20)

Montreal Canadiens – To make the Playoffs?
Yes -165 (20/33)
No +135 (27/20)

Philadelphia Flyers – To make the Playoffs?
Yes -150 (2/3)
No +120 (6/5)

Minnesota Wild – To make the Playoffs?
Yes -140 (7/5)
No +110 (11/10)

Winnipeg Jets – To make the Playoffs?
Yes -115 (20/23)
No -115 (20/23)

Calgary Flames – To make the Playoffs?
Yes +120 (6/5)
No -150 (2/3)

Edmonton Oilers – To make the Playoffs?
Yes +120 (6/5)
No -150 (3/2)

Detroit Red Wings – To make the Playoffs?
Yes +125 (5/4)
No -155 (20/31)

Colorado Avalanche – To make the Playoffs?
Yes +150 (3/2)
No -180 (5/9)

Vancouver Canucks – To make the Playoffs?
Yes +180 (9/5)
No -225 (4/9)

Buffalo Sabres – To make the Playoffs?
Yes +240 (12/5)
No -300 (1/3)

New Jersey Devils – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Ottawa Senators – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Toronto Maple Leafs – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Columbus Blue Jackets – To make the Playoffs?
Yes +275 (11/4)
No -350 (2/7)

Carolina Hurricanes – To make the Playoffs?
Yes +300 (3/1)
No -400 (1/4)

Arizona Coyotes – To make the Playoffs?
Yes +400 (4/1)
No -600 (1/6)

If you’re feeling bold, the Coyotes aren’t the worst bet to make here. They are certainly not a lock to make the playoffs, but the biggest long shot seems like it is a little much as well.

Getting into one of the top three spots in the division is going to be tough because Anaheim, Los Angeles and San Jose had a pretty commanding lead for those spots. But the Coyotes still weren’t that far out of a playoff spot this past season, finishing in 10th place in the Western Conference, nine points out of the second wild card spot. It’s not like they were a bottom-feeder in the NHL. Plus, they made the move over the summer to bring in veteran defenseman Alex Goligoski to help on the blue line and should have Strome, the No. 3 overall pick from a year ago, ready to make his NHL debut.

Report: Ekblad cleared by Panthers doctors

NASHVILLE, TN - JANUARY 30:  Aaron Ekblad #5 of the Florida Panthers poses for a 2016 NHL All-Star portrait at Bridgestone Arena on January 30, 2016 in Nashville, Tennessee.  (Photo by Sanford Myers/Getty Images)
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Aaron Ekblad has been medically cleared by Florida Panthers doctors, according to TSN’s Darren Dreger.

That’s a big relief for everyone involved after Ekblad was injured while representing Team North America in the World Cup. The injury was originally reported as a “mild” concussion, though it was later called a neck injury.

The 20-year-old has since been back on the ice working out.

“Ekblad is going to be fine,” Panthers coach Gerard Galant said. “You see him out there skating already. I think it was a little scary, but he feels real good. He’s going to skate and see how he feels, but everything looks good.”

The first overall pick in the 2014 draft, Eklbad had already dealt with at least one concussion during his playing career. He suffered one in an international exhibition game during the summer of 2014, just prior to his outstanding rookie season with the Panthers.

Ottawa sends Brown, 11th overall draft pick, back to junior

BUFFALO, NY - JUNE 24:  Logan Brown celebrates with the Ottawa Senators after being selected 11th overall during round one of the 2016 NHL Draft on June 24, 2016 in Buffalo, New York.  (Photo by Bruce Bennett/Getty Images)
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It didn’t take long for one of the top picks at this year’s draft to be sent packing from training camp.

On Wednesday, Ottawa announced that Logan Brown — the 11th overall selection in June — has been sent back to his junior team in OHL Windsor.

Brown, the son of ex-NHL defenseman Jeff Brown, played in Monday’s exhibition win over Toronto and scored once. He didn’t play in Tuesday’s OT loss to Buffalo.

Though he wasn’t expected to make the team this season, Brown, 18, is considered to be a high-end prospect, which makes his early dismissal a bit curious.

At 6-foot-6 and 210 pounds, he has terrific size and the Sens wasted little time locking him in after the draft, signing him to a three-year, entry-level deal in August.

Related: Get to know a draft pick — Logan Brown

Seidenberg expected to sign with Islanders

BOSTON, MA - JUNE 08:  Dennis Seidenberg #44 of the Boston Bruins skates against Mason Raymond #21 of the Vancouver Canucks during Game Four of the 2011 NHL Stanley Cup Final at TD Garden on June 8, 2011 in Boston, Massachusetts.  (Photo by Harry How/Getty Images)
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Dennis Seidenberg is expected to sign with the New York Islanders after the World Cup, according to TSN’s Darren Dreger.

It’s a one-year, $1 million deal, per Dreger.

Seidenberg is currently playing a significant role for Team Europe, a surprise finalist against the heavily favored Canadians.

The 35-year-old defenseman was unexpectedly bought out by the Boston Bruins over the summer. He had two years remaining on his contract, with a cap hit of $4 million.

Seidenberg was a key part of the Bruins’ Stanley Cup champion team in 2011, but injuries limited him to just 61 games last season, and his average ice time fell below 20 minutes for the first time since he was with the Hurricanes in 2007-08.

He’ll likely take on a bottom-pairing role with the Islanders, below Nick Leddy, Travis Hamonic, Johnny Boychuk, and Calvin de Haan. He may even be the extra defenseman, pushing the likes of Thomas Hickey, Ryan Pulock, Adam Pelech, and Scott Mayfield for a spot in the lineup.

Related: Seidenberg shocked by Bruins’ decision