Kukla's Korner

Stars in Holding Pattern Waiting for Ownership Resolution (Updated)

Blog: KK Hockey By Alanah McGinley

From Mike Heika at Dallas News:

Nieuwendyk said he is in wait-and-see mode on many decisions.

As for the coach search, Nieuwendyk said the front office will get together to form a plan, but that there is a chance that the decision will need to be put on hold until a new owner is in place.

``We are sort of on hold in a lot of different areas because of the ownership situation,’’ said Nieuwendyk. ``We have a plan for the next couple of weeks, but we’ll form our timeline for the coach search at that time. We really haven’t even started yet.’‘

read on

Update 3:08pm ET: From Mike Ozanian at Forbes.com

Tom Gaglardi has offered to buy the NHL’s Dallas Stars and 50% of American Airlines Center from the bankers who took over the team from Tom Hicks for $100 million of assumed debt, a person familiar with the negotiations told me.

The $100 million could go to $135 million under certain conditions that were not specified to me. I am also told that the creditors would give Gaglardi a fee if he does not get the team. The arena, which is co-owned by Dallas Mavericks owner Mark Cuban, has $200 million of net debt and the Stars, which this person said lost at least $10 million before interest, taxes, depreciation and amortization during the 2010-11 season, have $35 of debt.

The $100 million is of course an unrealistically low valuation.

continued…

Filed in: | KK Hockey | Permalink
  Tags: joe+nieuwendyk, tom+gaglardi

Your Jack Adams Award Finalists

Blog: KK Hockey By Paul

NEW YORK (April 29, 2011)—Dan Bylsma of the Pittsburgh Penguins, Barry Trotz of the Nashville Predators and Alain Vigneault of the Vancouver Canucks are the three finalists for the 2010-11 Jack Adams Award, presented to the head coach who has “contributed the most to his team’s success,” the National Hockey League announced today.

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Filed in: NHL Teams, | KK Hockey | Permalink
 

You Want NoCal? I Got Some NoCal For You

Blog: Abel to Yzerman By IwoCPO

A few years ago, when The Enigma crushed the souls of those hockey die hards in Frisco, we went at it pretty good with the Shark visitors.  There was one in particular, and I can’t remember his name. Ryan?  Something like that.  We haven’t banned too many people from here over the years, but he may have earned that distinction.

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Off-Ice Talk

Blog: KK Hockey By Paul

from John Shannon of Sportsnet,

I must admit, I much prefer talking about Ryan Kesler, Tim Thomas, Chris Pronger and all the other great players of the league rather than the owners or prospective owners of NHL teams. However, there appears to be more drama and movement in the owners’ world on most days other than trade deadline day or free agent frenzy.

With that, you should know that ownership resolution appears closer in Dallas. I’ve been told that the list of buyers continues to grow. In addition to Mark Cuban and Bill Quinn, it appears that two Canadians are back in the process. Calgary’s Bill Gallacher’s name has re-surfaced, as has Vancouver businessman Tom Gaglardi’s name.

There’s also another group out there, from Detroit, who are looking at the Stars. They have been dealing directly with the commissioner on their due diligence. I have been told the bid is real, but no one is comfortable in telling me the name.

And in St. Louis, where the current investor (Towerbrook Financial) has said it wants out, don’t be surprised if you hear Matthew Hulsizer being linked to Blues ownership, if he doesn’t get the Coyotes.

more plus additional NHL off-ice talk…

Filed in: NHL Teams, | KK Hockey | Permalink
 

GDT - WC Semifinals, Game 1: Red Wings at Sharks (10:00)

Blog: Abel to Yzerman By Jeff OKWingnut

The 2008 Conn Smythe winner, Henrik Zetterberg, makes his 2011 playoff debut tonight in San Jose; and he may be reunited on the Circus line.  However, Uncle Mike isn’t saying squat about his forward lines:  “Right now it doesn’t matter what your name is. It’s not about me, them. It’s just about playing. So whatever helps us win that’s who we’re going to play. Our minds can change on that, too.’’ 

He may not be talking about his lines, but Uncle Mike plainly stated that one of the keys to Detroit winning this series is Darren “Bang Your” Helm (stick-tap Tyler):  “I like the way we played in the first round (vs. Phoenix). I like the way we forechecked.  “I think we’re a better forechecking team and a harder team up front on their D than we have been in a number of years. Now we got to do it again against a different team.  “If you’re not on their D, they’re going to be on your D, so you have to decide where you want to play.’‘

Skate to Throat, and 12 to 12, Bitches.  Game On(!)

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Wild May Have Some Cash Issues

Blog: KK Hockey By Paul

via Mike Ozanian of SportsMoney at Forbes,

Minnesota Wild majority owner Craig Leipold suffered through a disappointing season and admitted that missing the NHL playoffs means the team will lose money for the 2010-11 season.

Another potential problem for Leipold is the team’s general partner and minority owner billionaire Philip Falcone, whose Harbinger Capital hedge fund is facing two SEC investigations. Although Falcone is obviously quite wealthy, his business fortunes have diminished greatly over the past year or so. Our figures show that the Wild post a loss of $2.3 million before interest, taxes, depreciation and amortization for the 2009-10 season, when they also missed the Stanley Cup tournament. Given the Wild’s attendance dipped a bit in 2010-11 from the prior season it is safe to say they again lost money.

This means the unless the Wild hit the banks up for a loan the team will likely be making capital calls to owners for cash. The SEC investigation coupled with the relatively poorer performance of Falcone’s investments could make it more difficult for Leipold to get cash from his partner.

Filed in: NHL Teams, Minnesota Wild, | KK Hockey | Permalink
 

Ruff Gets Contract Extension

Blog: The Sabres Observer By @DaveDavisHockey

From The Buffalo News,

The Sabres have called a news conference for 11 a.m. today to announce a contract extension for coach Lindy Ruff, a source told The Buffalo News.

Sabres owner Terry Pegula, General Manager Darcy Regier and Ruff are expected to be an attendance. Ruff’s contract expired at the end of the season, and bringing him back was one of Pegula’s top priorities going into the offseason. Reaching an agreement was considered a formality.

continue reading

Filed in: | The Sabres Observer | Permalink
 

All Aboard…Stress Train’s Heading To 8

Blog: Abel to Yzerman By IwoCPO

Know what I’m not buying?  All the claims that the Wings are using last year’s injury and penalty-riddled loss to San Jose as some form of motivation to win this year.  The last time Detroit relied on that type of venom to win a series was the WCF in 1997.  And, while we’re at it, of all the Cups since then, all the victories and all the Bettman face washes the Wings have applied…still nothing rivals the chills that accompanied beating Denver that year.

But the Sharks aren’t the Dive.  The Wings will win this series (and it’s not going to require 7 games), but they’ll win because of talent, goaltending, a deeper blue line and a fourth line that loves to hunt.  Oh, and hunt they will.

Contrived motivation is good for teams who haven’t won squat and need psychology, redolence and pharmacists.  Teams who have won Cups, multiple Cups, understand the only motivation required is an obsession to win it again.

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Filed in: | Abel to Yzerman | Permalink
 

Red Wings-Sharks series and Game 1 set-up: which team’s more highly evolved?

Blog: The Malik Report By George Malik

If you missed any of yesterday’s late-breaking practice updates and are preparing to watch the first game of the Detroit Red Wings’ second-round series against the San Jose Sharks tonight (10 PM EDT, FSD/CSN Bay Area/Versus/TSN/WXYT), you might find yourself a little bit confused.

With the “experts” nearly split as to which team will prevail over what seems to be a long and drawn-out series in the making, there’s no doubt that the Red Wings will need to shake off whatever rust nine days’ worth of rest has deposited upon them by attempting to ratchet up their penalty-killing while surviving the first ten-to-twenty minutes of hockey at the raucous Shark Tank tonight, but whether the Wings’ and Sharks’ players will tangle in a series of two evenly-matched teams who will win or lose based upon which team does a better job of sustaining possession and control of the puck in the offensive zone, executing on their chances and working for an edge in special teams play, or whether we’re simply looking at a series where one of the teams hasn’t changed at all, but the other one has grown stronger, and that stronger team will prevail…

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Filed in: | The Malik Report | Permalink
 

Bruins Continue To Bash The Habs

Blog: KK Hockey By Paul

from Dave Stubbs of the Montreal Gazette,

There’s been a great deal of poor winning going on in Boston since Wednesday night, and that’s a shame given the high road that the Bruins and their extended family could have chosen to drive into the Eastern Conference semifinals.

The Canadiens-Bruins quarterfinal should have been filed proudly by Boston as the organization’s ninth playoff win in 33 lifetime meetings with Montreal, and the end of a wretched string of losses in seven-game series.

Bruins players could have buried the playoff hatchet to speak nicely of the opponent with whom they’d just shaken hands.

continued

Filed in: NHL Teams, Boston Bruins, Montreal Canadiens, | KK Hockey | Permalink
 

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