Panthers’ owner uncertain of future in Florida

18 Comments

Doug Cifu wants to keep the Panthers in Florida, but the way things are going, it’s just not sustainable.

Speaking to Fox Sports last weekend, Cifu, who along with business partner Vinnie Viola purchased the team for $230 million last September, is uncertain of where the team will be in 5-10 years.

“The arena and the team have lost a significant amount of money year over year for the last 10-plus years and the current business model is not sustainable,” Cifu said.

According to The Hockey News, the team claims to lose $30 million a year and have debt on their arena, which is leased to the Panthers until 2028, of about $250 million.

The story adds Broward County mayor Barbara Sharief and the county have hired a consultant who is looking into the possibility of allowing the Panthers out of their arena lease and the opportunity to relocate.

The results of that report are expected in October.

“We have kept our end of the bargain by signing six free agents on July 1 to more than $60 million of contracts and resigning some key young players to multi-year deals,” Cifu added.

Per CapGeek, the Panthers have over $65 million committed in player contracts for the upcoming season.

The Toronto Sun reported that the Panthers averaged 14,177 fans per game last season, which ranks 29th in the league.

In terms of potential cities for relocation, a report out of Seattle last week suggested real estate mogul Victor J. Coleman has begun discussions with Seattle business man Chris Hansen on agreement to allow an NHL team to play in his proposed SoDo Arena.

“We get lots of expressions of interest — whether it’s from Quebec City, Seattle, Las Vegas, or Kansas City — and we’re listening, but we haven’t enacted a formal process to begin considering expansion,” NHL commissioner Gary Bettman told the Sun April. “That’s not something we’re intent on doing right now, but we are listening.”

Quebec City may also be a viable option with a new $400 million arena set to open next year.

Related: Report: Devils to lose money in 2014-15

 

Some big decisions looming for Colorado in goal

Getty
Leave a comment

So, here’s what we know about the Avs’ current netminding situation:

• Veteran goalie coach Francois Allaire was dismissed yesterday, after four years on the job. The 57-year-old is perhaps best remembered in Colorado for his work with Semyon Varlamov in ’13-14, when Varlamov backstopped the Avs to the Central Division title, finishing second in Vezina and fourth in Hart Trophy voting.

• Two names have already been tied to the vacant head coaching gig: Dwayne Roloson (per the Star Tribune) and Finnish goalie guru Jussi Parkilla (per Sportsnet). Roloson, the longtime NHL netminder, spent a few years working as a goalie consultant for the Ducks. Parkilla, 40, has worked in a number of different European leagues, including the KHL and Finland’s SM-liiga.

• Per In Goal Magazine, Roloson’s connection to the Avs gig could be predicated on it being a part-time job. This would be different from Allaire, who worked in a full-time capacity, and may go back to the club’s previous model, when Kirk McLean worked as a “consultant.”

• Last month, BSN Denver reported the Avs had already decided to protect Varlamov over Calvin Pickard for the upcoming expansion draft. But that was before Pickard backstopped Canada to silver at the recently completed World Hockey Championship. Beating out Chad Johnson for the No. 1 gig, Pickard posted a .938 save percentage and 1.49 GAA in the tourney, making 40 saves in the championship game against Sweden.

Pickard, a former second-round pick, carries a $1M cap hit and has shown well in the past, posting a .922 save percentage or better in his freshman and sophomore campaigns. He’s also only 24 years old, and seems like a legitimate candidate for Vegas.

Add it all up, and GM Joe Sakic has much to ponder this summer.

It feels like Sakic’s decision making hinges on Varlamov. The GM has repeatedly said a big reason for Colorado’s awful year was losing the Russian ‘tender to injury, and that improvement will come with Varlamov returning to health, and shouldering the starter’s workload.

That could be risky. Varlamov just turned 29 and has a history of chronic hip and groin problems. He’s also got two years left on a five-year, $29.5 million deal — one that carries a hefty $5.9M average annual cap hit.

Related: ‘There’s going to be a lot of turnover’ in Colorado

It’s ‘reasonable’ to expect Schultz and Hornqvist will play Game 7

Getty
1 Comment

The Pittsburgh Penguins could have a couple of reinforcements for tomorrow’s seventh and deciding game against the Ottawa Senators at PPG Paints Arena.

Pens coach Mike Sullivan said this morning that it would be “reasonable” to expect the returns of defenseman Justin Schultz and forward Patric Hornqvist.

Schultz was injured early in Game 2 of the Eastern Conference Final and hasn’t played since. But he traveled with the team to Game 6, suggesting he was getting close to a return.

Hornqvist hasn’t played since Game 1, and he didn’t travel to Game 6. Instead, he stayed back in Pittsburgh to rehab, along with fellow injured teammates Chad Ruhwedel and Tom Kuhnhackl.

The Penguins lost last night by a score of 2-1, but they weren’t particularly upset with how they played.

“I thought we played a real good game,” said Sullivan. “I thought we dominated zone time. We had lots of chances. We didn’t score tonight. The puck didn’t go in the net, but if we continue to play the game that way, then I believe we’ll get the result.”

KHL contracts two teams for upcoming campaign

Getty
1 Comment

Last week, KHL president Dmitry Chernyshenko said the league’s optimal size was 24 teams.

On Wednesday, he got closer to achieving that goal.

The KHL is officially down from 29 to 27 teams, following today’s announcement that Metallurg Novokuznetsk and Medvescak Zagreb have been contracted.

“We have realized that revising the number of member clubs and optimizing their staffing structure will enable us to solve the problem of spending cuts and also stimulate the labor market,” Chernysheko said last week, per the league website. “At the moment, the highly skilled players are spread too thinly among the clubs.

“It follows that the quality of play will improve, and with it the entertainment value and commercial potential of the League.”

Novokuznetsk, located in Siberia, has been in the KHL since 2008-09. The club has never made the postseason and, last year, had just eight wins in 60 games.

Medvescak was the KHL’s lone Croatian-based club, having come over from the Austrian League in 2013. After making the playoffs in its inaugural campaign, Medvescak struggled in the following three and ran into financial crisis this season. From the IIHF:

Medvescak faced some well-documented financial problems and, after a fire sale of players in the closing weeks of the campaign, suited up just 14 players in its last games.

With the team heavily reliant on sponsorship to provide a sustainable budget, the decision to return to a league closer to home.

It’s unclear what the future has in store for Novokuznetsk, though reports suggest the club could move to the VHL, Russia’s second-tier professional league.

Report: Sabres interested in Pens director of amateur scouting Randy Sexton

Getty
Leave a comment

New Sabres GM Jason Botterill has been on the job for less than a month, but with the draft around the corner, he’s got to start filling some holes in his front office.

Botterill, who came over from Pittsburgh, is allowed to bring former Pens colleagues of his over to Buffalo, but only if they’re given promotions by the Sabres (no lateral moves).

According to a report by Chuck Gormley, one person who could move from Pittsburgh to Buffalo is Randy Sexton, who currently serves as the Penguins’ directer of amateur scouting.

Sexton would bring plenty of experience to the Sabres’ front office, as he’s been a general manager with both the Ottawa Senators and Florida Panthers.

Having someone with that kind of experience could be beneficial for a rookie GM like Botterill, so the move would make a lot of sense from that point of view.

Related:

Botterill has “no problem” with Lehner as No. 1

Botterill to use Pens’ NHL-AHL relationship as model for Sabres