Coyotes sale potentially in big trouble

3 Comments

1-reinsdorf.jpg

The NHL playoffs were moving along a little too smoothly to not have a bombshell be dropped right in the middle of everything. The sale of the Phoenix Coyotes has hit yet another snag and this time it’s a big one.

Sources tell TSN the city of Glendale has asked Ice Edge Holdings to return to the bargaining table as a back up plan to buy the Coyotes, in the event the deal with Reinsdorf falls through.

Sources say Glendale reached out to Ice Edge late last week amid growing concern Reinsdorf’s accepted bid to purchase the Coyotes from the National Hockey League is at risk of falling apart.

To make things even more of a mess, ESPN’s Scott Burnside, tosses in this nuclear bomb of a revelation should Ice Edge not make a deal with the City of Glendale.

The situation in Glendale remains fluid; if the city does not agree to the league’s conditions, it is possible the NHL will instead move quickly to finalize a purchase agreement with Canadian billionaire David Thomson and move the team to Winnipeg. Sources tell ESPN.com there is a purchase agreement ready if the Glendale situation disintegrates.

If the team moves to Winnipeg, the Ice Edge group would then move the existing AHL team, the Manitoba Moose, to Thunder Bay, Ontario.

To call this a “big deal” would be to downplay the situation wildly. What’s most baffling about this is that it wasn’t even a full day since we got word of what the different conditions that Jerry Reinsdorf was going to have in order to buy the team, and it’s a sweetheart deal to an exponential degree.

In a preliminary agreement known as a memorandum of understanding (MOU), the Glendale City Council has agreed to pay $65 million in public funds over three years to the NHL, the current owner of the Coyotes, as part of Reinsdorf’s purchase. The NHL took over the team after Jerry Moyes, the previous owner, threw the franchise into bankruptcy court in a failed effort to sell the club and move it to Hamilton, Ontario.

The $65 million to be paid by Glendale is nearly 40 percent of the total Reinsdorf will have to pay to the NHL to acquire the Coyotes. But although Glendale is paying 40 percent, Reinsdorf and his group will own 100 percent of the team.

Essentially, the City of Glendale was selling the team to Reinsdorf for 40% off the manufacturer retail price. Not to mention they were giving him a five year window to turn a profit before allowing him to sell the team and leave town and he’s still walking away from the deal. Obviously this story is all built off of sources and inside reports, but both ESPN and TSN have discovered there’s some smoke coming from this entire mess, whether there is actually fire to go with the smoke remains to be seen. 

A lot of folks often wondered what would happen if movies turned out differently and should this whole thing breakdown the way it’s being painted by Scott Burnside, the comparisons of the Coyotes to the Cleveland Indians in the movie “Major League” take on a whole new light. In this case, only this time they lose in the playoffs and get moved away.

NY governor says pro teams can resume training

Leave a comment

New York Gov. Andrew Cuomo says teams in his state can return to their facilities for training after a pause of more than two months.

”Starting today, all the New York professional sports leagues will be able to begin training camps,” the Democratic governor said during a news conference Sunday.

The New York City area was one of the hardest-hit parts of the U.S. by the coronavirus pandemic, but COVID-19 deaths and new infections in the state have been trending downward.

Major League Baseball, the NBA and the NHL are discussing the resumption of their seasons with their players’ unions.

”I believe that sports that can come back without having people in the stadium, without having people in the arena – do it! Do it!” Cuomo said. ”Work out the economics, if you can. We want you up. We want people to be able to watch sports. To the extent people are still staying home, it gives people something to do. It’s a return to normalcy. So we are working and encouraging all sports teams to start their training camps as soon as possible. And we’ll work with them to make sure that can happen.”

WCHA’s Alabama-Huntsville cuts hockey program

Leave a comment

Alabama-Huntsville is dropping men’s hockey and men’s and women’s tennis as part of budget cuts in response to the coronavirus pandemic.

School officials said athletes in those sports who want to join another team’s roster will be released without penalty and free to transfer immediately. If they choose to stay, their current scholarships will be honored for the duration of their academic careers.

Alabama-Huntsville was one of the only southern schools to have a men’s hockey varsity program. The Chargers won Division II national titles in 1996 and 1998 and were Division II runners-up in 1994 and 1997 before making the move to the Division I level for the 1998-99 season.

Men’s hockey had been the lone Division I sport for Alabama-Huntsville. It competes at the Division II level in all other sports.

Canada’s NHL teams offer options to season-ticket holders

2 Comments

Canada’s NHL teams have offered season-ticket holders rebate or refund options in acknowledgment that no more 2019-20 regular-season games will be played in front of fans in their respective buildings.

In a four-day span May 13-16, all seven teams contacted their season-ticket bases with options and, in some cases, deadlines to make a decision, according to The Canadian Press.

“It has become increasingly apparent, that any possibility will not include any further games being played this season in front of fans at Bell MTS Place,” the Winnipeg Jets said in an email.

That admission may seem anticlimactic given leagues and teams around the world are either playing in empty stadiums, or trying to figure out a way to just resume play during the COVID-19 pandemic.

But season-ticket money is a key element of NHL business. Clubs are loathe to part with it.

Canadian teams are offering refunds, but also are pushing a number of incentives to let them keep the money.

Toronto Maple Leafs season-ticket holders had to declare they wanted their money back by Victoria Day or a credit would be applied to their accounts.

Their Montreal Canadiens counterparts had to make a decision by Friday, while the Vancouver Canucks’ deadline is June 3.

NHLPA board approves 24-team, return-to play-format

11 Comments

We have our first step towards resuming the 2019-20 season with the approval of the return-to-play format by the NHLPA Executive Board.

The 31 NHL team representatives voted and a majority gave the thumbs up to the 24-team, conference-based proposal.

According to TVA’s Renaud Lavoie, the vote was 29-2 in favor.

Now the plan moves on to the Board of Governors for their approval.

From the NHLPA:

The Executive Board of the National Hockey League Players’ Association (NHLPA) has authorized further negotiations with the NHL on a 24-team return to play format to determine the winner of the 2020 Stanley Cup. Several details remain to be negotiated and an agreement on the format would still be subject to the parties reaching agreement on all issues relevant to resuming play.

If the BOG green lights it, the next steps would include figuring out proper safety protocols for all involved and how the hub city plan would work, among numerous other details.

Based on points percentage at the time of the March 12 NHL pause, the top four teams in each conference (Boston, Tampa, Washington, Philadelphia, St. Louis, Colorado, Vegas, Dallas) will receive a first-round bye. Round 1 will feature eight play-in matchups in a best-of-five series.

As the play-in round takes place, the eight conference leaders could potentially take part in a mini tournament that will determine the seeding for Round 2. Reseeding after the play-in round is another topic likely to be discussed.

Here’s what it might end up looking like:

EASTERN CONFERENCE

ROUND 1 BYES
• Bruins
• Lightning
• Capitals
• Flyers

PLAY-IN ROUND
(5) Penguins
vs.                              — Winner plays No. 4 seed
(12) Canadiens

(6) Hurricanes
vs.                              — Winner plays No. 3 seed
(11) Rangers

(7) Islanders
vs.                              — Winner plays No. 2 seed
(10) Panthers

(8) Maple Leafs
vs.                              — Winner plays No. 1 seed
(9) Blue Jackets

WESTERN CONFERENCE

ROUND 1 BYES
• Blues
• Avalanche
• Golden Knights
• Stars

PLAY-IN ROUND
(5) Oilers
vs.                                — Winner plays No. 4 seed
(12) Blackhawks

(6) Predators
vs.                                — Winner plays No. 3 seed
(11) Coyotes

(7) Canucks
vs.                                — Winner plays No. 2 seed
(10) Wild

(8) Flames
vs.                                — Winner plays No. 1 seed
(9) Jets

Games would be played without fans with teams based in hub cities potentially located in both the U.S. and Canada. Columbus, Las Vegas, and Edmonton are a few of the cities that have shown interested in playing host to playoff games.

Since the 24-team format entered the rumor mill, it’s received a mixed reaction from players.

“Twenty-four teams sounds like a lot of teams to me,” Capitals defenseman John Carlson told Mike Tirico on Thursday. “You have to make sure there is some level playing field in terms of intensity…So while 24 teams sounds like a lot, maybe due to logistics, that makes the most sense.”

“I will say that when it comes to the format I think it is almost impossible to make everyone happy … the situation is what it is,” Lars Eller of the Capitals said via the Washington Post. “It is far from perfect. We are going to manage the best we can and I do think we will come together and find a solution regarding that. It is not going to be easy.”

Kris Letang told Sportsnet’s Elliotte Friedman that Penguins players voted “yes” on the proposal citing “greater good for everyone.”

“At the end of the day, nobody gets exactly what they want,” Letang said. “But, we all want what is best for hockey and to continue to grow the game.”

MORE:
Predators’ Duchene: ‘You don’t want to have a COVID Cup’
Our Line Starts podcast: Evaluating fairness of 24-team NHL playoff

————

Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.