Tackling how the US debt debacle might affect the NHL

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In case you haven’t been paying attention to news and politics lately (it’s OK, we understand that little-to-none of the news has been good), the United States’ credit rating went from AAA to AA-plus according to Standard & Poor’s. It’s been called “an unprecedented blow” to the American economy and could “eventually raise borrowing costs for the American government, companies and consumers.”

If you’re visiting this hockey blog to escape that nightmare story, we apologize. The sad reality is that real-world economics often invade the comfy bubble of low-stakes sporting events.

On the Forecheck’s Dirk Hoag did a fantastic job of explaining how this scary situation might affect the NHL in general today. After giving an overview of how the values of the Canadian dollar and the American dollar changed over the years – and how those fluctuations affected the NHL in that time – Hoag gave three hypotheses on how this latest crisis might affect the highest levels of hockey.

Let’s take a look at each of the the main points he made.

1. More Canadian teams spending closer to the cap

… A windfall gain due to currency shifts could make it easier for those teams to boost their player salaries for the upcoming season, and/or increase off-ice spending to gain edges elsewhere (Calgary recently hired Chris Snow to conduct video & statistical analysis, while Toronto has a front office loaded with ex-GM’s from around the league).

Could these shifts also mean more Canadian teams, period? It certainly gives an extra bit of credibility to hockey-starved Quebec, if they could ever get that pesky NHL arena built.

2. Small market American teams face an additional challenge

The NHL has a revenue sharing plan that can benefit the league’s smaller markets, but those markets must reach certain spending and revenue benchmarks to enjoy those benefits. Here’s how Hoag described that possible situation.

For a team which earned a full share in 2010-2011, missing that target next year would mean they’d only get 75% for 2011-2012, a hit which could easily amount to $3-5 million depending on individual circumstances. Teams missing those targets for the second consecutive year only get 60% of their share, and for 3-year (or more) offenders, they get 50%.

The third point is more about minutiae, unless you’re asking Dan Ellis.

3. Players may benefit from decreased escrow

Again, that’s a concern that probably doesn’t register with many fans, but read the post if you’re curious.

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So, the basic takeaway is that Canadian teams could benefit across the board while small market (non-traditional?) American teams might be under even more stress if the downgrade has a significant impact on American currency. In a way, it almost seems like Canadian teams are getting revenge for the ’90s, when their teams were bleeding money and the Sunbelt expansion was in full swing.

Of course, while Hoag’s post is grounded in logic, it’s still speculation at this point. That being said, could the NHL actually consider putting together an American Assistance Plan in the next Collective Bargaining Agreement to echo the Canadian version from the latest one? There are all kinds of possibilities at play here … and most of them are rather depressing.

We could have more than a year to discuss these and many other issues as the CBA races toward expiration, although most of us will spend the majority of our time simply begging for both sides to avoid another lockout.

Devils rally from two goals down to beat Rangers 5-3

Vincent Carchietta-USA TODAY Sports
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NEW YORK – Jack Hughes and Michael McLeod scored in the second period, Vitek Vanecek stopped 35 shots and the surging New Jersey Devils rallied from an early two-goal deficit to beat the New York Rangers 5-3 on Monday night.

Yegor Sharangovich had two goals and Tomas Tatar also scored to help the first-place Devils win their third straight since having their 13-game winning streak snapped last week. New Jersey has won 10 straight road games and has only one loss since starting the season 3-3-0.

The Rangers raced to a 2-0 lead just three minutes into the contest but the Devils scored twice to tie it later in the first period to tie it and then scored twice in the second period to take the lead.

“We stayed with our game. There was a calmness on the bench,” Devils coach Lindy Ruff said of his team’s early deficit. “All I said on the bench was ‘let’s get the next goal and we’ll be back in the game.”‘

Vanecek improved to 11-2-0 as scattered chants of “Let’s Go Devils” were heard at Madison Square Garden.

The Devils have made the playoffs only once – in 2018 – since beating the Rangers in six games in the 2012 Eastern Conference finals.

“It was great to hear the fans here on our side,” Devils forward Miles Wood said. “We can’t thank them enough.”

Artemi Panarin, Mika Zibanejad and Vincent Trocheck scored and Chris Kreider had two assists for the Rangers, who fell to 4-5-3 at home. Igor Shesterkin had 33 saves.

New York also lost its second straight at home in a disheartening fashion. The Rangers squandered a 3-0 third-period lead against Edmonton on Saturday to lose 4-3. Last season, they won 27 of 41 games at the Garden.

“When one thing goes wrong it starts to snowball on us,” Rangers defenseman Ryan Lindgren said. “We keep saying we have to play a full 60. You can’t keep talking about it, you have to go out and do it.”

Rangers coach Gerard Gallant credited the young and hungry Devils with playing a superior game.

“They put lots of offense at you, they play fast and they showed that,” Gallant said. “Tonight they were the better team.”

Tatar narrowed the deficit to 2-1 at 7:31 of the first with a nifty high backhand shot past Shesterkin for his sixth of the season. Jesper Bratt had an assist on the play, giving him a point in 18 for the Devils’ 23 games this season.

Sharangovich tied it with an unassisted goal with 6:35 left in the first.

Hughes put the Devils ahead at 5:44 of the second after he gained a stride on Lindgren before sliding the puck past Shesterkin for his 12th of the season and fourth in the last two games.

McLeod made it 4-2 at 9:40 with his third goal after Wood hit the crossbar behind Shesterkin.

“I have to play better,” said , who was also in goal for Saturday’s meltdown against Edmonton and has lost three of his last five games.

It was the fourth time in their last six games the Devils scored at least four times and New Jersey improved to 9-0-0 when the 21-year-old Hughes – the top overall pick by the Devils in the 2019 draft – has a goal.

Trocheck scored his eighth goal on the power play for the Rangers with 6:42 left in the third to pull within one, but Sharangovich added an empty-netter with 16 seconds remaining to seal the win.

The Devils improved a franchise-best 13-1-0 in November and an NHL-best 16-0-0 when leading after two periods.

“It’s fun playing here,” Hischier said. “It feels great to beat the Rangers,?

Panarin scored 1:20 into the game to end a personal 12-game goal-scoring drought with his sixth of the season and first since Oct. 30 at Arizona.

Zibanejad made it 2-0 at 3:01 with his team-best 11th of the season.

UP NEXT

Devils: Host Nashville on Thursday night.

Rangers: At Ottawa on Wednesday night.

Stamkos lifts Lightning past Sabres 6-5 in OT

Timothy T. Ludwig-USA TODAY Sports
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BUFFALO, N.Y. – Steven Stamkos scored his second goal of the game 2:44 into overtime to give the Tampa Bay Lightning a 6-5 win over the Buffalo Sabres on Monday night.

Brayden Point also had two goals, Brandon Hagel had a goal and an assist, and Corey Perry also scored for the Lightning, who rallied from two goals down in the third period to force overtime. Nikita Kucherov and Mikhail Sergachev each had three assists, and Stamkos added one for a three-point night.

Brian Elliott had 32 saves to get the win.

“We got the breaks at the end to pull us back, some big-time players got us back into it,” Tampa Bay coach Jon Cooper said.

Tage Thompson had a goal and an assist, and Tyson Jost, Jeff Skinner, Jack Quinn and Dylan Cozens also scored for Buffalo. Ukko-Pekka Luukkonen made 19 saves.

“You allow good players a little bit of extra time and a little bit of extra space, they’re going to make plays on you,” Sabres coach Don Granato said. “We had hesitation in our game and it was only the last 10 minutes.”

In the extra period, Stamkos got the winner on a blast from the right circle for his 12th of the season.

“There’s going to be games where we don’t deserve the two points and tonight was probably one of those, but we’ve been on the other side of that too,” Stamkos said.

With the score tied at 3-3 to open the third period, the Sabres appeared to take control in the third with two goals for a 5-3 lead with a little more than 5 1/2 minutes remaining.

Cozens put Buffalo ahead at 9:37, ripping a shot from the right circle under the crossbar and beating Elliott on the glove side. Skinner made it 5-3 with 5:41 remaining, finishing from a tight angle after an odd-man rush was initially stopped.

However, the Lightning answered back with two goals 3 1/2 minutes apart.

Stamkos scored just 16 seconds after Skinner’s goal to get the Lightning within one. Hagel tied it with a power-play goal with 2:02 remaining. With Elliott pulled to create a 6-on-4 advantage, Kucherov’s shot from the right circle was deflected by Hagel past Luukkonen.

Point opened the scoring 7:54 into the game with a power-play goal from close range for his ninth.

Perry made it 2-0 with 3:12 left in the first off a cross-ice pass from Stamkos.

Thompson put Buffalo on the board with 2:06 left in the first, beating Elliott with some nifty stick-handling after forcing a turnover in front of the Tampa net.

Quinn evened it 59 seconds later, finishing a nice feed from JJ Peterka on a quick offensive rush.

Jost gave Buffalo a 3-2 lead midway through the second period, scoring his first goal with the Sabres after he was acquired off waivers from Minnesota on Nov. 19.

Point tied it 3-3 on the power play with 3:34 left in the second after getting a pass from Kucherov.

INJURY RETURNS

Each team had one player return from a recent injury. Sabres center Rasmus Asplund returned after missing two games with an upper-body injury. Tampa Bay forward Cole Koepke returned after missing three games with an upper-body injury.

UP NEXT

Lightning: At Boston on Tuesday night.

Sabres: At Detroit on Wednesday night.

Hughes has first NHL hat trick, Devils beat Capitals 5-1

Ed Mulholland-USA TODAY Sports
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NEWARK, N.J. – Jack Hughes had his first career NHL hat trick, Vitek Vanecek made 38 saves against his former team and the New Jersey Devils beat the Washington Capitals 5-1 on Saturday for coach Lindy Ruff’s 800th victory.

“It’s exciting,” Hughes said. “Couple of two-goal games in my career, so nice to cap it off with the third one tonight.”

Ruff became the fifth NHL coach to reach the 800-victory mark. The former Buffalo player won 571 games with the Sabres from 1997-2011. He had 165 wins in five seasons with Dallas and has 64 in two-plus seasons with New Jersey.

“It means I’ve been around a long time,” Ruff cracked. “Great to win the game. Again, you got to do a lot of right things, have good teams, and the way our team is playing I have to give them a lot of credit for getting me there.”

The Atlantic Division-leading Devils have won two in a row after seeing their franchise-record 13-game winning streak snapped by Toronto.

Devils captain Nico Hischier and Fabian Zetterlund also scored.

John Carlson scored for Washington and Charlie Lindgren made 24 saves.

“Not scoring goals, not capitalizing on our chances,” Carlson said. “We’ve had our chances, especially today, but we only walked away with one goal. We could have had five or six. It’s just not going in right now.”

Vanecek, meanwhile, was hoping for the shutout against a familiar foe.

“That would have been nice, but that’s hockey,” Vanecek said, “For sure you’re trying, but not every time; the win is more important.”

Hischier opened up the scoring with his 10th goal of the season midway through the first period on a power play after Alexander Ovechkin was called for slashing.

Hughes wrapped the puck around goalie Lindgren’s right leg and the goal post to put the Devils up 2-0 5:59 into the second period. Hughes appeared to have lost his angle on the goal when he ripped a shot off Lindgren’s face mask and into the net midway through the period for his 10th goal of the season to give New Jersey a 3-0 lead.

The 2019 No. 1 overall draft pick added his third midway through the third period as hats rained down on the ice with New Jersey up 4-0.

“You want to continue to play the right way, but if an opportunity comes you want to definitely put it in the back of the net with authority,” Hughes said. “So tonight, I was able to cap it off and it was nice.”

Fabian Zetterlund capped the scoring for New Jersey late in the third period.

NOTES: The Devils improved to 16-0-0 this season when Hischier has a point. New Jersey’s Nathan Bastain (upper body) did not return after the first period. . Ovechkin is still nine goals away from 800 and 11 from passing Gordie Howe for second place on the NHL goals list.

UP NEXT

Capitals: At Vancouver.

Devils: At the New York Rangers.

Bruins set NHL record with 12 straight home wins to start season

Bob DeChiara-USA TODAY Sports
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BOSTON — The Boston Bruins set the NHL record for most home victories to start a season with their 12th straight, topping the Carolina Hurricanes 3-2 in overtime with a power-play goal from David Pastrnak.

The Bruins broke the mark of 11 that was set by the 1963-64 Chicago Blackhawks and equaled by the Florida Panthers last season.

“That felt awesome,” Bruins first-year coach Jim Montgomery said. “We talked about it after the second (period) going into the third. There’s been a lot of great teams in this league and you’re able to set a precedent, break a record. It’s pretty special and it doesn’t happen if those guys don’t believe in themselves like they do.”

Boston, which trailed 2-0 late in the second period, tied it with 9:33 left in regulation when David Krejci scored his second of the game on a shot from the right point.

“It’s never fun being down going into the third, you’re sitting in here (in the locker room) trying to figure it out,” Krejci said. “You want to come out and do the job, something special on the line. It’s hard to win in this league. To get 12 in a row at home is pretty special.”

In overtime, Carolina was playing shorthanded after being called for too many men on the ice when Pastrnak one-timed a pass from Brad Marchand inside the far post from above the left circle.

“It was a big win for us, obviously, coming from behind,” Pastrnak said.

Jesperi Kotkaniemi and Stefan Noesen each scored a power-play goal for Carolina, and Pyotr Kochetkov made 38 saves. The Hurricanes lost their fifth straight.

In a rematch of last spring’s opening-round playoff series that the Hurricanes won in seven games, Carolina shutout the NHL’s highest scoring team for nearly two periods and jumped ahead a pair of power-play goals in the opening period.

“We took too many penalties. That’s hurting us right now,” Kotaniemi said. “I think 5-on-5 we’re doing a really good job. We started good tonight and couldn’t keep that up.”

Boston’s tying goal was originally disallowed because of goaltender interference on Nick Foligno but overturned on a coach’s challenge after it was ruled that he was nudged into the crease by Carolina defenseman Brett Pesce.

Boston starting goaltender Linus Ullmark made 28 saves but had to leave with 13:03 left in the third period with an undisclosed upper-body injury. Teammate Connor Clifton had jumped on him to block a shot during a scramble. Jeremy Swayman made six stops in relief.

Carolina’s Noesen scored at 6:34 in to make it 1-0. And with five minutes left in the period, Kotkaniemi collected the puck near the side of the net after Seth Jarvis‘ shot bounced off the back glass and slipped it inside the post at 15:05.

Krejci scored for Boston with 31 seconds left in the second.

Boston came in with a league-high 82 goals in 20 games (4.10 per game), but it was held to relatively few chances despite getting a 5-on-3 power-play advantage early on.

TAKE NOTE

The Bruins honored captain Patrice Bergeron, who recorded his 1,000th career point when the team was on the road against Tampa Bay, with a message on the Jumbotron. The crowd gave him a standing ovation.

Bergeron became just the fourth Bruin to reach the mark, joining Hall of Famers Ray Bourque (1,506), Johnny Bucyk (1,339) and Phil Esposito (1,012).

UP NEXT

Hurricanes: Host the Calgary Flames.

Bruins: Host the Tampa Bay Lightning.