Sens owner Melnyk claims $94 million in losses

23 Comments

For those who haven’t had their fill of Eugene Melnyk today, here’s a lengthy Ottawa Citizen article on the embattled Senators owner, who claims he’s lost almost $100 million on the team since buying it in 2003.

An excerpt:

How much are the Senators costing him? It’s impossible to be definitive because, despite its high public profile, the team is a private company. Not only that, the NHL regularly warns the 30 franchise owners not to divulge details about their operations. Nevertheless, Melnyk and two of his long serving senior executives — Leeder and chief financial officer Erin Crowe — offered some insight into the team’s finances.

On Melnynk’s decade-long watch, they say, the team has generated a grand total of just $6 million on operations — that is, total revenues minus the costs associated with paying and moving the players, advertising and managing the arena. After subtracting items unrelated to operations — such as interest on the team’s debt and capital expenditures to keep the arena up-to-date — Melnyk has had to absorb cumulative cash losses of $94 million. In short, he is losing an average of $9 million to $10 million a year. And this excludes the additional interest and fees related to the debt extensions.

There’s more in the story, which is well worth a read.

Earlier today, Melnyk blasted agent J.P. Barry over the failed Daniel Alfredsson negotiations.

Related: More bad news for Sens owner Melnyk

WATCH LIVE: Hurricanes, Predators attempt to force Game 7s

Getty Images
Leave a comment

Game 6: Washington Capitals at Carolina Hurricanes, 7 p.m. ET (Capitals lead 3-2)
NBCSN
Call: Kenny Albert, Eddie Olczyk, Pierre McGuire
Series preview

Stream here

Game 6: Nashville Predators at Dallas Stars, 8:30 p.m. ET (Stars lead 3-2)
CNBC
Call: Chris Cuthbert, Joe Micheletti, AJ Mleczko
Series preview
Stream here

PHT’s 2019 Stanley Cup playoff previews
Capitals vs Hurricanes

Bruins vs. Maple Leafs
Predators vs. Stars
Sharks vs. Golden Knights

Power Rankings: Why your team won’t win the Stanley Cup
NHL Stanley Cup Playoffs: Round 1 schedule, TV info

Holtby has been ultimate closer for Capitals

5 Comments

With a win on Monday night (7 p.m. ET; NBCSN, live streamthe Washington Capitals will advance to Round 2 of the Stanley Cup Playoffs for the fifth year in a row.

It is a pretty impressive streak when you remember just how often they were a postseason punchline before finally winning the Stanley Cup last season. Especially since no other team in the league has an active streak of more than three years (if the Nashville Predators come back to beat the Dallas Stars, it will be their fourth consecutive year advancing to Round 2, but they still need to win two games in a row to make that happen).

It is not easy to get out of Round 1 that regularly.

One of the biggest reasons they have been able to do so pretty much every year has been the consistently great postseason play of starting goalie Braden Holtby.

He is also a big reason why you have to like their chances of winning just one more game against the Carolina Hurricanes in this series.

Especially since these are the games he tends to really excel in.

Monday’s Game 6 against the Hurricanes will be the 19th time in Holtby’s career he will play a game where the Capitals have a chance to eliminate an opponent.

In the previous 18 games, he has a .932 save percentage in potential knockout games (slightly higher than his career postseason mark of .929 — which is significantly higher than his career regular season mark of .918), and has won seven of hits past 10 including each of his past five.

[NBC 2019 STANLEY CUP PLAYOFF HUB]

That includes a perfect 4-for-4 mark in the playoffs a year ago on the Capitals’ run to the Cup when he only allowed one goal in a Game 6 series-clinching win on the road in Pittsburgh in Round 2, and then shut out the Tampa Bay Lightning in a decisive Game 7 of the Eastern Conference Final (after also shutting them out in Game 6).

Of the three games he lost during that stretch, he didn’t allow more than two goals in any of them, and has allowed more than two goals in just five of the 18 games where he has had a chance to knock out an opponent out of the playoffs.

In other words: Even when the Capitals lose and fail to move on in the playoffs, it has rarely — if ever — been due to the play of their goalie.

For his career he has been one of the best postseason goalies in NHL history, and when he has a chance to finish the job in a series, he almost always plays well enough to do it.

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

Zuccarello is perfect complement for Stars’ top line

7 Comments

The Dallas Stars had a problem for much of the 2018-19 season, and it was always a very easy one to identify.

Even when the team was at its lowest point, their top trio of Tyler Seguin, Alexander Radulov and Jamie Benn was doing what it had always done in carrying the team’s offense.

When Seguin and Benn came under irrational fire from their own CEO in the middle of the season, they were far from the biggest issue on the team. In fact, they weren’t even an issue at all and just five seconds of objective research should have made that clear. When they were on the ice the Stars were carrying the play, dominating the opposition, and performing exactly as you would want your franchise players to perform. Maybe the individual numbers weren’t what we have come to expect from them, but they were consistently outplaying and outscoring their opponents.

The problem was that they didn’t have any other forwards that could do the same thing. Their forward depth was so thin that only one other forward outside of the Seguin-Benn-Radulov trio topped topped the 30-point mark this season (Radek Faksa had exactly 30 points in 81 games). That is not anywhere near good enough. It wasn’t a “star” problem; it was a problem with players around the stars.

But because the top trio was so good, and because they received Vezina-worthy goaltending from Ben Bishop (and don’t forget about the play of backup Anton Khudobin, either) they were able to stay in playoff contention in a watered down Western Conference and continue playing their way toward the postseason. If they were going to do anything once they got there they were going to need somebody outside of their top line to provide some kind of a threat offensively.

This is where Mats Zuccarello comes in.

[NBC 2019 STANLEY CUP PLAYOFF HUB]

He has only played seven games with the team entering Game 6 of their Round 1 series against the Nashville Predators on Monday night (8 p.m. ET; CNBC; Live stream), but his impact has already been noticeable.

The Stars acquired Zuccarello from the New York Rangers just before the NHL trade deadline and in his first game with the team made an immediate impact with a goal and an assist in a 4-3 win. It was exactly what the Stars needed for the stretch run. But because he was also injured in that game and missed several weeks they never really had an opportunity to see exactly what he could provide. They are seeing it in the playoffs where he has already tallied three goals (second only to Radulov) and has given them an additional threat offensively.

It’s even more impressive when you remember he is still finding his way with a new team and still probably isn’t all the way back to 100 percent.

In other words, he probably has room to get better.

When you look at his individual shot and scoring chance numbers he hasn’t created a ton of them, and so far is riding a short-term spike in shooting percentage to carry his postseason production. It would be fair to point to that as somewhat of a red flag for what it might mean in the future.

You have to keep in mind, though, that the injury not only took him off the ice, it also robbed him of an opportunity to develop chemistry with a new set of linemates. Getting thrown into what is still a new lineup, when you may not be totally healthy, and right in the middle of the madness that is the Stanley Cup Playoffs is not an easy thing to do. There is still probably a bit of an adjustment period taking place here.

What is important for the Stars, though, is that he is another high-level player that has the ability to capitalize on the chances he does get, and that is an element the team had been lacking all season.

He is a threat with a proven track record of production.

Zuccarello has been a criminally underrated player for quite some time now and has always been a lock to finish with 50-60 points over a full season. That may not seem great or anything that instantly jumps off the page at you, but it is top-line production, and top-line players are not always easy to acquire.

Since the start of the 2013-14 season, the year Zuccarello became a full-time player in the NHL, his 0.72 point-per-game average puts him 67th out of more than 570 players that have appeared in at least 200 games during that stretch.

Outside of Seguin, Benn, and Radulov there is not another forward currently on the Stars’ roster that sits in the top-100 out of that group.

Jason Spezza is the only other one in the top-200.

You have to go all the way down to Faksa at No. 296 to find the next one.

There just wasn’t enough impact talent elsewhere on the roster to help support the Stars’ top players.

Zuccarello gives them one, and his presence, along with the emergence of Jason Dickinson and Roope Hintz in this series, is a big reason they have been able to put themselves in a position to advance.

MORE: Hintz becoming important part of Stars’ lineup

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

Lamoriello, Trotz orchestrate Islanders’ big turnaround

9 Comments

NEW YORK (AP) — Lou Lamoriello and Barry Trotz say they didn’t know exactly what to expect from the New York Islanders this season.

There were plenty of questions after the Islanders gave up 293 goals – the most in the NHL since 2006-07 – while missing the playoffs for the eighth time in 11 years. There was uncertainty on offense when star center John Tavares left in free agency for his hometown Toronto Maple Leafs.

”There were a lot of unknowns. We had no preconceived notions,” Lamoriello said. ”Whatever expectations there were, there were really none one way or another.”

The answers have come in the form of a stunning one-year turnaround that has the Islanders in the second round of the playoffs. New York gave up a league-low 191 goals, charged to second place in the Metropolitan Division and just swept the star-laden Pittsburgh Penguins in the first round.

Knowing some had picked them to miss the playoff again, players just shrug it off.

”That’s kind of been a little bit of the story line here and we’re used to it,” said Anders Lee, who succeeded Tavares as team captain. ”That’s just the way it’s been, not just this year, it’s kind of always been that way. This year we’ve really taken it on and run with it.”

Both Lamoriello and Trotz say they knew they were going to give up fewer goals with a better defensive approach.

”We wanted to play a certain way,” Trotz said. ”We knew we could fix the goals against, that’s commitment and that’s work ethic, detail and structure.”

The 76-year-old Lamoriello, whose long career includes building the New Jersey Devils into an NHL power a generation ago, vowed to bring a culture change to the Islanders when he took over as the president of hockey operations last May. A few weeks later, he fired general manager Garth Snow and coach Doug Weight.

Trotz was hired as coach in June, days after he led Washington to its first Stanley Cup championship and then abruptly resigned in a contract dispute. The hiring was celebrated by the Islanders’ rabid fan base, which has seen just one postseason series win since 1993 – a far cry from the glory days of winning four championships in a row.

After losing Tavares, Lamoriello went about filling the roster with players with winning experience. Veterans like Leo Komarov, 32, and Valtteri Filppula, 35, were brought in to help the development of youngsters like Anthony Beauvilier. And 27-year-old Tom Kuhnhackl, who won two Stanley Cups with the Penguins, was also a solid addition.

”We were looking for good people, the people who have won,” Trotz said. ”That’s so important for our growth as an organization and a group coming in. We looked for character people and Lou did a great job.”

The Islanders have embraced Trotz’s swarming, defense-first system.

”It’s helped us all along,” said forward Josh Bailey, now the longest-tenured Islander in his 11th season with the team. ”It’s a big part of our identity and I think the more results we’ve seen as the season went on, the more belief (it fostered) in one another and what we were doing, and trust in our staff and everyone.”

A big question in the offseason centered on goaltending after Robin Lehner was signed to pair with Thomas Greiss. Lehner was with Buffalo the previous season and left a game down the stretch because of a panic attack and was subsequently treated for alcohol and drug addiction and also diagnosed with bipolar disorder, ADHD and PTSD. He talked openly about his personal life when he joined the Islanders, and credited the organization and his new teammates with giving him support.

Greiss and Lehner were solid all season. Greiss went 23-14-2 with a 2.28 goals-against average and five shutouts while Lehner was 25-13-5 with a 2.13 GAA and six shutouts. The two shared the William Jennings Trophy for the team allowing the fewest goals in the league. Lehner started all four games in the series against the Penguins, limiting them to six goals on 136 shots, and is a finalist for the Vezina Trophy.

The focus on defense has meant playing with more discipline. And while a few players enjoyed boosts in their offensive production, it meant reductions for others, including Mathew Barzal, Lee, Bailey and Jordan Eberle. The sacrifices have resulted in more overall success.

”We play as a team,” Trotz said. ”I think everybody has given up a part of themselves to be a part of something greater.”

The coach points to a road trip in December that became a springboard for the rest of the season. They had lost five of the previous nine after the Thanksgiving weekend, and then won three of four, shutting down high-scoring lines for Colorado and Dallas.

”I think from that point we really trusted our game,” Trotz said. ”We were sort of in-between a little bit and that sort of galvanized the group.”

In the second game after Christmas, the Islanders went to Toronto and shut out the Maple Leafs 5-0 in their first game playing against Tavares. It was part of a stretch in which the Islanders went 16-2-3 from Dec. 8 to Feb. 2 to jump to the top of the division.

”I came into this team and talked to the guys straight in the summer and a lot of the guys said ‘We’re going to go far,”’ Lehner said. ”That just grew during the season when the system started to jell and we started playing together.”

They Islanders say they’re not simply satisfied with just getting to the second round, where they will face either Carolina or Trotz’s former team, the Capitals.

”We’re nowhere near where we want to be at,” Bailey said. ”You have to win four (series) to win it all.”

Follow Vin Cherwoo at http://www.twitter.com/VinCherwooAP

More AP NHL: http://www.apnews.com/NHL and http://www.twitter.com/AP-Sports