Convenient timing? A buyer for Dallas Stars emerges after not dealing Brad Richards

1 Comment

Yesterday the Dallas Stars stood pat and opted to not trade their top centerman Brad Richards. The commitment to Richards was stunning considering that Richards is an unrestricted free agent at the end of the season and with Dallas’ ownership being in a league-watched bungle, their ability to offer him a long term, financially lucrative deal is severely hampered.

A funny thing happened on the way toward the playoffs for the Stars today, though, as a report emerged from Ken Campbell of The Hockey News saying that a new name has emerged from the darkness to express interest in buying the Stars. Owner of the Central Hockey League’s Allen Americans, Douglas Miller, is reportedly interested in buying the Stars and may have an offer on the table for the team already.

…Miller’s offer is believed to be for about $110 million cash, but it would likely be publicly announced as somewhere in the $225 million range. That’s because in addition to the purchase price, Miller would assume about $20 million in existing debt, most of which is owed to the NHL for the advancement of television and revenue sharing money to help keep the Stars afloat. Also built into the purchase price would be four years of losses estimated at about $25 million per year.

According to a source with knowledge of such matters, the Stars have lost between $26 million and $28 million over the past 12 months. NHL commissioner Gary Bettman insisted at his All-Star Game news conference in January that the league is not funding the Stars, but multiple sources have confirmed the Stars have been using advances on television and revenue sharing money and have required more than one advance to continue to pay the bills as a new owner is sought to replace Tom Hicks.

With that sort of investment into the team, it would go a long way into curing the ills of the Stars and the ultimate failings of Tom Hicks. If it’s something that could be completed by July 1, it’s also the kind of financial dedication that could help keep Brad Richards in Dallas.

As with all things Dallas, there’s the specter of having Mavericks owner Mark Cuban having interest, something to which Campbell’s piece hits on. Cuban’s had interest in the past of buying the Pittsburgh Penguins, an ovation that Cuban had as part of a group with Dan Marino and other Pittsburgh-based investors. That interest didn’t pan out and Cuban went back to hanging on to the Mavericks and getting half the revenues from playing at American Airlines Arena in Dallas.

The one lure to owning the Stars for Cuban would mean that he’d control all sports revenue that went through the arena if he owned the Stars as well. Of course, with the NHL being a big of a bear to make it work financially for some owners, Cuban’s been reticent to get involved in NHL wrangling.

As always with these reports, they come shrouded in mystery and questions about the validity of everything involved. For now though, Dallas Stars fans have a reason to be hopeful that they’ll get new ownership soon and a reason to think that Joe Nieuwendyk didn’t make a mistake by not trading Brad Richards.

Canucks’ Ilya Mikheyev to have season-ending knee surgery

Ilya Mikheyev
Bob Frid/USA TODAY Sports
2 Comments

VANCOUVER, British Columbia — Vancouver Canucks right wing Ilya Mikheyev is set to have season-ending surgery on his left knee.

Canucks general manager Patrik Allvin said Friday night the 28-year-old Russian forward tore the anterior cruciate ligament in his left knee in the team’s first preseason game Sept. 25. Mikheyev will undergo surgery next week and is expected to be ready for training camp in the fall.

Mikheyev was originally listed as week-to-week with the injury and played 45 regular-season games, finishing with 13 goals and 15 assists. He scored in his final appearance Friday night, a 5-2 home victory over Columbus.

Mikheyev signed a four-year, $19 million contract as a free agent last summer.

Maple Leafs’ Matthews out at least 3 weeks with knee injury

austonmatthews
Nick Turchiaro/USA TODAY Sports
0 Comments

Toronto Maple Leafs center Auston Matthews will miss at least three weeks with a sprained knee.

The team announced the reigning MVP’s anticipated absence Friday, two days after Matthews was injured in Toronto’s victory against the New York Rangers.

Matthews is expected to miss at least six games and could be out for a few more. The timing of the injury coinciding with the NHL All-Star break and the Maple Leafs bye week prevents this from costing Matthews more time out of the lineup.

After being voted an All-Star by fans, Matthews is now out of the event scheduled for Feb. 3-4 in Sunrise, Florida. The league announced Aleskander Barkov from the host Florida Panthers will take Matthews’ place on the Atlantic Division All-Star roster.

Matthews, who won the Hart Trophy last season after leading the NHL with 60 goals, has 53 points in 47 games this season.

Caufield opted for surgery with Habs out of playoff race

caufield surgery
David Kirouac/USA TODAY Sports
0 Comments

MONTREAL — Montreal Canadiens winger Cole Caufield said Friday he wouldn’t be having season-ending surgery on his right shoulder if the team were in playoff contention.

But with the Canadiens near the bottom of the Eastern Conference standings, the 22-year-old Caufield said he decided to have the surgery to protect his long-term health. The procedure is scheduled to be performed by Dr. Peter Millett on Wednesday.

“I didn’t want to stop playing,” Caufield said. “I had a couple tests done to look at it more clearly but, in the end, like it could’ve been one more fall and it could have been even worse.”

Caufield, who leads the Canadiens with 26 goals in 46 games, had three different medical opinions on his shoulder before concluding that his season was over.

“I think they’ve seen a lot more than I have and they know the differences and what they like or don’t like about it,” he said about the medical opinions. “Long term, I think this is what’s best but for sure it was tough to sit out that game against Toronto on Saturday night.”

Caufield initially felt the injury in an awkward fall during Montreal’s 4-2 loss at Dallas on Dec. 23. He said his right shoulder popped, and he replaced it himself.

Caufield felt it again in the Habs’ 4-3 loss at Nashville on Jan. 12. The club announced on Jan. 21 that Caufield would miss the rest of the season.

Caufield is nearing the end of his three-year, entry-level contract and will be a restricted free agent this summer.

All-Star Matty Beniers to miss next 2 games for Kraken

matty beniers
Joe Nicholson/USA TODAY Sports
0 Comments

SEATTLE — Seattle Kraken rookie All-Star Matty Beniers will miss the team’s final two games before the All-Star break after taking a big hit from Vancouver’s Tyler Myers earlier this week.

Seattle coach Dave Hakstol said after morning skate Friday that Beniers would not play Friday night against Calgary or Saturday against Columbus. Hakstol did not speculate on Beniers’ availability for next weekend’s All-Star Game in Florida.

The team has not specified what kind of injury Beniers sustained from the hit. He was barreled over by Myers away from the play early in the second period in Wednesday’s 6-1 victory over Vancouver. Myers was penalized for interference on the play. Beniers returned briefly for one shift later in the period but did not play in the third period.

Beniers is Seattle’s lone All-Star selection this season. He leads all rookies in goals (17) and points (36), and is fifth in total ice time for rookies.

Seattle also placed defenseman Justin Schultz on injured reserve and recalled forward Max McCormick from Coachella Valley of the AHL. Hakstol said Schultz is improving but there’s no timeline on his return.