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

Just about every relevant team in the East playoff races won tonight

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After Eastern Conference teams deserved a “C” on Monday, they generally passed Tuesday’s tests with flying colors. Sometimes they carved out three-point games when relevant teams faced off, too.

It’s almost bewildering trying to figure out where to start … so how about the top of the East?

Metro’s rich get richer

The Minnesota Wild deserve credit for fighting back from a considerable deficit, including overcoming an Alex Ovechkin hat trick (all on the power play). Ultimately, T.J. Oshie‘s overtime-winner gave Washington the 5-4 (OT) win.

Elsewhere in the Metro’s top ranks, Sergei Bobrovsky grabbed his 41st win of the season (3-1 win against the Sabres) to put Columbus three points behind the Capitals and two ahead of the idle Penguins.

Metro top three (all with 75 games played)

1. Capitals – 108 points
2. Blue Jackets – 105 points
3. Penguins – 103 points

Canadiens gain ground

The Montreal Canadiens handled the Dallas Stars 4-1 in The Epic Battle of the Benns. Meanwhile, the Philadelphia Flyers beat the second-place Senators 3-2 via a shootout

Both the Maple Leafs and Bruins won their games, leaving Toronto one point ahead of Boston for third in the Atlantic.

Atlantic top five

1. Canadiens – 95 points in 76 games played
2. Senators – 91 points in 75 GP
3. Maple Leafs – 87 points in 75 GP

Bruins – 86 points in 76 GP
Lightning – 83 points in 75 GP

Finally, let’s look at the final spot in the East

OK, so there’s some overlap here. Why don’t we check on the most wild-card-relevant teams?

Third Atlantic spot: Leafs – 87 points in 75 GP

Final spot: Bruins – 86 points in 76 GP

Lightning – 83 points in 75 GP
Islanders – 82 points in 75 GP
Hurricanes – 82 points in 75 GP
Flyers – 80 points in 76 GP
Panthers – 77 points in 76 GP

Again, the Bruins won, as did the Flyers. The Lightning were idle. The Panthers fell to the Maple Leafs. Buffalo lost while Detroit and New Jersey are out of the running.

You know who deserves special mention outside of the top eight? The Carolina Hurricanes deserve such a distinction, as they are enjoying one of their hottest runs in franchise history after beating Detroit 4-1.

The overall message: just about any truly relevant team at least grabbed a standings point, with most winning games outright on Tuesday.

It doesn’t exactly thin the herd, but it keeps the door open for a fun race to the finish.

It’s official: Red Wings’ playoff streak ends at 25 seasons

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When we look back at the 2016-17 season for the Detroit Red Wings, it will be remembered for some said endings.

It began without Pavel Datsyuk. We knew that their last game at Joe Louis Arena this season would be their last ever. And now we know that Joe Louis Arena won’t be home to another playoff run.

After 25 straight seasons of making the playoffs – quite often managing deep runs – the Red Wings were officially eliminated on Tuesday night. In getting this far, they enjoyed one of the greatest runs of longevity in NHL history:

Tonight revolves largely around East teams winning and teams clinching bids – the Edmonton Oilers could very well end the league’s longest playoff drought this evening – but this story is more solemn.

EA Sports tweeted out a great infographic:

“Right now it’s hard to talk about it, because you’re a big reason why it’s not continuing,” Henrik Zetterberg said in an NHL.com report absolutely worth your time.

Mike “Doc” Emrick narrated a great look back at Joe Louis Arena here:

Here’s what deal between women’s team, USA hockey is reportedly worth

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It’s great news that the U.S. women’s national team and USA Hockey came together on a deal for the upcoming world championships.

Still, all we really know is that the contract lasts four years, as the two sides decided to keep the dollar figures between each other.

The Hockey News’ Ken Campbell laid out a lot of the possible numbers on his Twitter feed, giving us an idea of what reportedly sealed the deal.

First things first, Campbell reports that the deal is worth $3.7-$4 million overall.

That’s quite the impressive number on face value, but what does it mean for players over a four-year contract?

Campbell reports that earnings will range between $850K and $950K, depending upon how they perform in the tournament:

They’ll also receive the same travel and other miscellaneous amenities as the men’s team, but what about years that are more about training than competition?

Interesting stuff. Definitely check out Campbell’s feed for additional details.

This fight between Tom Wilson, Chris Stewart got downright gory (Video)

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For those who decry the decline in fighting – in “blood and guts” hockey – Tuesday presented a bloody moment, one fairly high on this season’s Muta scale.

Also, for some, seeing it happen to Tom Wilson specifically may provide additional pleasure.

Anyway, as you can see in the video above, Minnesota Wild winger Chris Stewart bloodied the Washington Capitals pest in a fight. Whether you’re for, against or neutral toward Wilson, it’s quite the sight.

Wilson may be hurt, by the way. He missed some time but returned later in the contest.