New York Islanders v New Jersey Devils

Report: Devils to lose money in 2014-15


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

Video: Evgeni Malkin leaves Oilers spinning

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Yes, there’s a lot of drama surrounding the Pittsburgh Penguins, whether it’s founded on serious problems or merely speculation.

It’s easy to get swept up in all of that and ignore the fact that, hey, they still have Evgeni Malkin and Sidney Crosby. Those two can really heal wounds with their on-ice play, and in Saturday’s case, Malkin is taking over against the Edmonton Oilers.

His spin-o-rama goal above was a real jaw-dropper. He also scored Pittsburgh’s second tally:

These highlights feel like Malkin’s way of saying “It’s going to be just fine.”

Lightning’s first fight this season: Ryan Callahan vs. Kyle Okposo

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Fighting is down more or less across the board in the NHL, but the Tampa Bay Lightning might be the franchise least interested in dropping the gloves.

Ryan Callahan vs. Kyle Okposo already has some name recognition to it, yet it gets some bonus points for being the Bolts’ first fighting major of 2015-16.

It … probably loses those bonus points in being run-of-the-mill.

Hey, be fair; the Lightning are clearly out of practice.

Oilers GM doesn’t want to force a trade for the sake of a trade

Peter Chiarelli

It must be a helpless feeling to sit idly by while your team continues to flail, but such emotions are what opposing GMs love to prey on.

Edmonton Oilers GM Peter Chiarelli hasn’t been around through much of the suffering for this hapless franchise, yet that doesn’t mean he’s immune to the calls for improvement. To his credit, he’s not buckling under that pressure.

You can see and hear his full comments below:

If you don’t feel like playing the video, the message is simple enough.

Chiarelli isn’t happy with Edmonton’s record – he hasn’t “seen progression” in ways that he was expecting, but again … he doesn’t want to force moves.

Long story short, he can “sleep at night,” even if he’s disappointed.

Is he right to take a relaxed approach, though? Maybe it’s time to blow up a part of what isn’t working? Have some fun armchair GM’ing on this one.

Slump busters: Simmonds, Couturier end long scoring droughts in win over Rangers


It’s been a good few days to be a fan of the Philadelphia Flyers, as their team delivered not once, but twice during Thanksgiving weekend.

The Flyers picked up a 3-2 OT win over the Predators on Friday before shutting out the New York Rangers, 3-0, on Saturday.

It was a good afternoon for three players in particular.

Both Wayne Simmonds and Sean Couturier ended long scoring slumps.

Simmonds’ two goals were his first in seven games, while Couturier scored for the first time in his last 13 contests.

Goaltender Steve Mason also had a solid outing against the Rangers.

The 27-year-old turned aside all 24 shots he faced including this great save on Dominic Moore:

The Flyers lost defenseman Nick Schultz to an upper-body injury in the first period after he took a big hit from Dylan McIlrath.

Luke Schenn defended his fallen teammate by dropping the gloves with McIlrath, which didn’t go unnoticed by his teammates.

The Rangers are now on a season-high three-game losing streak. Their lack of effort has to be concerning for their head coach Alain Vigneault.

The Flyers outshot the Rangers 30-14 over the final 40 minutes.