While we hesitate to give credence to what may ultimately be an empty threat, here’s something from the Milwaukee Business Journal that we’ll be watching nonetheless:
Milwaukee Bucks president Peter Feigin told Wisconsin lawmakers Monday that time was of the essence in approving $250 million in public funding for the proposed arena in downtown Milwaukee or the NBA will move the team to another city.
At an informational hearing held by the state Legislature’s Joint Finance Committee, Feigin said the Bucks owners’ purchase agreement for the team includes a provision that construction of a new arena start in 2015. If that does not occur, he said the NBA will buy back the team for a $25 million profit and move them to “Las Vegas or Seattle.”
Why should this matter to hockey fans? Well, because an NBA team moving to Seattle could spur somebody in that city to — in the words of NHL commissioner Gary Bettman — get their “arena act together.”
Currently, nobody has that act together. When investor Chris Hansen failed to relocate the Sacramento Kings to Seattle, it threw his arena plan into doubt.
An arena is already being built in Las Vegas, which is expected to get an NHL expansion team at some point in the near future.
Related: Milwaukee has a plan to build a new arena — could an NHL team move in?
The Columbus Blue Jackets have signed forward Kole Sherwood to a three-year entry level contract, the club announced today.
While Sherwood is far from a top prospect — he went undrafted late last month — the signing is a big deal in the Columbus market, as the 18-year-old is a local product.
From The Columbus Dispatch:
Sherwood will be the first player signed directly out of the Ohio AAA Blue Jackets program, and the first Columbus-born player to sign a contract with the hometown NHL club.
Sherwood has also signed to play for the London Knights, one of the top programs in the Ontario Hockey League.
He had planned to play two years for Youngstown of the United States Hockey League and then attend Boston University beginning in 2017, but Youngstown and Boston U. were notified of Sherwood’s decision after he visited London’s facilities and met with management on Monday.
Blue Jackets GM Jarmo Kekalainen reportedly tried to acquire a seventh-round pick in the draft in order to select Sherwood, but couldn’t find a trade partner.
A trio of young forwards have signed with the Boston Bruins.
The B’s announced today that Jimmy Hayes has inked a three-year deal with a cap hit of $2.3 million, while Brett Connolly has agreed to a one-year deal with a cap hit of $1.025 million and Brandon DeFazio has signed a one-year, two-way deal with a cap hit of $575,000 at the NHL level.
Hayes, 25, was acquired last week in a trade with the Florida Panthers. He had 19 goals and 16 assists in 72 games last season.
Connolly, 23, was acquired in March in a trade with Tampa Bay, soon after which he suffered a fractured finger and missed most of the remainder of the season.
Hayes will be an unrestricted free agent when his contract expires, while Connolly will remain an RFA. The latter’s $1.025 million cap hit could be a good bargain for the Bruins next season.
DeFazio was an unrestricted free agent. The 26-year-old spent the last two seasons in the Canucks organization, mostly with AHL Utica.
Related: Chiarelli believes Connolly can ‘help us right away’