Tom Gaglardi submits bid to NHL to purchase Dallas Stars

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Vancouver businessman Tom Gaglardi has been the front-runner to purchase the Dallas Stars for quite some time. Friday, Gaglardi took the next step in his quest to buy the Stars from a group of lenders led by Monarch Investments by submitting his proposal to the NHL for approval. By no means does this mean the sale is a done deal—but it’s a necessary step in the process for Gaglardi to finally acquire the team. If no news is good news, then this is great news.

Unfortunately, the sale isn’t as simple as a seller and buyer agreeing to terms and exchanging cash. If it were that easy, the deal would have been done in April when he first acquired the exclusive negotiating rights for the Stars. As Mike Heika of the Dallas Morning News explains, there are plenty of people who are owed money and want a piece of the pie:

“With more than 40 lenders who have legal rights to the Stars, one of the key contentions of the sale will be who gets paid what, as well as who gets paid first. The sale price is not expected to cover the debt, so some lenders will not get paid back.”

“’In a traditional sale, you have a seller who is trying to negotiate with a buyer, and you have traditional sale practices. But this isn’t a traditional sale,’ said one source. ‘You have a group of sellers who have different opinions, and that really means you don’t have a seller, per se. Into that vacuum has stepped a lot of lawyers, and that has made the process very complicated.’”

First, let’s reiterate that this is good news for people who want to see a deal get done. Once the Stars’ sale is behind the organization, they’ll be able to look to the future, set a realistic payroll budget, and once again focus on winning games on the ice. Over the last season, assembling the best team possible has taken a backseat to the ownership issues that have dictated the team’s direction (most notably with Brad Richards). This is a small step forward in the right direction.

At the same time, the situation is looking at a bunch of attorneys and debtors looking to get as much money as possible and a proposal that does not plan on paying all of previous debts. If the NHL approves the proposal, the next step is for the 40 lenders (and their lawyers) to fight in bankruptcy court to receive the best return on their previous investment possible. If the Phoenix Coyotes situation taught us anything, any time “NHL” and “bankruptcy court” are mentioned in the same sentence, it’s best to proceed with caution. Obviously, this is a very different situation—but there are still plenty of moving parts and interested parties for the NHL to appease.

Another point to consider within the context of the bankruptcy hearings is that all other potential ownership groups will be able to submit bids over the course of the proceedings. No matter what figure Gaglardi’s proposal includes, whenever there are names like Texas Rangers CEO Chuck Greenberg and Dallas Mavericks owner Mark Cuban involved (among others), there are bound to be a few fireworks if they’re still interested in the NHL franchise.

Just what the NHL needs: more court cases and legal actions surrounding one of their teams. For the sake of every Stars fan alive, hopefully today’s announcement is the beginning of the end of this drawn-out sale.

NHL on NBCSN: Dominant Lightning still have chip on their shoulder

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NBCSN’s coverage of the 2018-19 NHL season continues with Monday’s matchup between the Tampa Bay Lightning and Columbus Blue Jackets. Coverage begins at 6:30 p.m. ET on NBCSN. You can watch the game online and on the NBC Sports app by clicking here.

The Lightning have put together an incredible season thus far. How great have they been? Well, just take a look at the league standings. Through 59 games, the Bolts have accumulated 92 points. That puts them 15 points ahead of the Calgary Flames, who are the second-best team in the NHL right now.

If you were expecting the Lightning to slow down with such a big lead, you were mistaken. Tampa Bay still hasn’t dropped a game in regulation this month, as they’re in the middle of a 7-0-2 stretch in the month February. And it’s not like they’re beating up on bad teams, either.

They’ve taken down the Islanders, who are the best team in the Metropolitan Division, the Pittsburgh Penguins, the Calgary Flames, Dallas Stars and Montreal Canadiens over the last three weeks.

How do they stay motivated with a such a big lead in the standings? Clearly, they’re being fuelled by their lack of Stanley Cup Championships.

“We have a chip on our shoulder,” Steven Stamkos said, per USA Today. “I’m sure there are a lot of teams that would be happy to go to a Stanley Cup Final and three of the last four Eastern Conference Finals. That’s tough to do. But with the expectations being so high for our group, we came into this year thinking this was our year, our turn.”

[WATCH LIVE – COVERAGE BEGINS AT 6:30 P.M. ET – NBCSN]

Here’s how good they’ve been in 2018-19:

• They have a plus-73 goal differential. The Maple Leafs are second in that category and they’re at plus-42.

Nikita Kucherov has 94 points in 59 games. He’s six away from setting a new career high. Oh, and Patrick Kane is second in scoring this season (87 points in 58 games).

• The Lightning have three players in the top nine when it comes to scoring. Kucherov, Brayden Point (75 points in 58 games) and Steven Stamkos (71 points in 59 games). Only Colorado has more than one.

• Tampa has the best power play in the NHL. They have a success rate of 29.7 percent. The Bruins are 3.2 percent away from the Lightning in this category.

• Their penalty kill is ranked second in the league at 84.6 percent. Only Arizona (85.2 percent) is ahead of them.

All impressive totals, right? So let’s take a look at the advanced numbers, too (all stats via Natural Stat Trick):

• The Lightning are eighth in CF% at 51.95 percent. San Jose, Carolina, Vegas, Montreal, Nashville, Boston and Calgary are all ahead of them.

• When it comes to scoring chances, they have a 53.16 percent share of those opportunities this season. Only Vegas, Carolina, San Jose and Minnesota have a bigger share of the scoring chances.

• When it comes to high-danger scoring, as you’d imagine, the Lightning find themselves with the sixth-highest percentage in that category.

The Lightning have been dominant all year and now they just have to hope that they can stay healthy before the start of the playoffs.

MORE: What should Lightning add at trade deadline?

Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.

PHT Morning Skate: Ducks retire Niedermayer’s no. 27; Is Simmonds heading to Tampa?

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Welcome to the PHT Morning Skate, a collection of links from around the hockey world. Have a link you want to submit? Email us at phtblog@nbcsports.com.

• The Hockey News provides us with top 10 lists of active players in different categories that mean the most. (The Hockey News)

• The Anaheim Ducks retired Scott Niedermayer’s no. 27 last night. (NHL.com)

• The Columbus Blue Jackets are starting to suffer trade deadline fatigue. Their fans are counting down the days until Feb. 25. (The Cannon)

• Campbell Weaver has been added to the Bruins analytics department. (Stanley Cup of Chowder)

• After the Lightning and Canadiens faced off on Saturday night, the Montreal Gazette made the comparison between the Bolts and 1976-77 Habs. (Montreal Gazette)

• Capitals head coach Todd Reirden found an interesting way to connect with some his foreign players. (Washington Post)

• Is Wayne Simmonds heading to Tampa? The Tampa Times answers five questions on that subject. (Tampa Times)

• The Maple Leafs are going to need their veterans to perform better than they are right now. (Toronto Star)

• The fact that the Islanders are going to be playing their first-round playoff series at Nassau Coliseum is nothing but good news. (Newsday)

• Should the Florida Panthers trade Mike Hoffman? (The Rat Trick)

• The Avs have plenty of cap space, so they should use it to buy bad contracts from other teams. (Mile High Hockey)

Mark Stone should be the Golden Knights’ top target at the trade deadline, according to Steve Carp. (Sinbin.Vegas)

Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.

The Buzzer: Binnington posts another shutout; Barkov scores wonder goal

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Three stars

1. Jordan Binnington, St. Louis Blues

The kid has been in this category a pile of times since Jan. 7 when he made his first start of the season. That night, he recorded his first NHL shutout and grabbed his first NHL win.

Fast forward a month and a bit and Binnington’s flashy start hasn’t turned out to be a fluke. He shutout the Minnesota Wild with a 30-save performance on Sunday, three days after he shutout the Arizona Coyotes on Thursday night.

‘Winnington’ has four shutouts on the season now. That’s four since Jan. 7. He owns a 12-1-1 record. That’s also since Jan. 7. And he’s a big, big part of why the Blues have 10 straight wins, matching a franchise record.

There’s no hotter goalie in the NHL and subsequently, no hotter team.

2. Aleksander Barkov, Florida Panthers 

Barkov belongs on the list for this goal, alone:

But Barkov also had a hat trick on the night, including the go-ahead goal (the one above) and the insurance marker in the third period.

He added an assist for the four-point night.

3. Evgeni Malkin, Pittsburgh Penguins

The Penguins needed someone to step up to keep ahold of their playoff spot and Evgeni Malkin’s two goals 2:31 apart in the third period gave the Penguins just what they needed in a 6-5 win.

Malkin missed five games because of injury and another because of suspension, but since he returned from his ailment, all he’s’ done is produce. He’s got four goals and two assists in three games since his return.

Pittsburgh is in a real fight for a playoff spot, so a hot Malkin, as opposed to a hot-headed Malkin, will be key down the stretch. They need his production in a big way.

Highlights of the night

The legend:

Ovechkin hits 40, again:

Odd but effective:

Factoids

Scores

Penguins 6, Rangers 5
Blues 4, Wild 0
Devils 4, Sabres 1
Flyers 3, Red Wings 1
Panthers 6, Canadiens 3
Ducks 5, Capitals 2

If you missed any of the Hockey Day in America stories, check out NBC Sports here. 


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck

 

Panthers’ Barkov scores candidate for goal of the year

Fox Sports
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Well, this is beyond filthy.

Scoring a goal in the NHL is hard enough. Dropping it between your legs and roofing it while being hacked by a defenseman who’s in close proximity? Impossible, you’d think.

Aleksander Barkov: “Hold my drink…”

Barkov pulled off the impossible on Sunday against the Montreal Canadiens, making Victor Mete look silly and Carey Price, too. Two good players, both left embarrassed.

Make sure you’re sitting for this one:

As the color man said on the Fox Sports broadcast, “There are some things you just cannot analyze.”

Indeed. You can only marvel at this one.

If you missed any of the Hockey Day in America stories, check out NBC Sports here. 


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck