Kukla's Korner

Money Issues For Prospective Lightning Owner

Blog: KK Hockey By Paul

via Daniel Kaplan of SportsBusiness Journal (paid sub.),

Oren Koules, the prospective buyer of the Tampa Bay Lightning, has lost his second lender in three months as the global credit crisis continues to take its toll on sports financing.

CIT Group, which finance sources said had appeared ready to lend Koules up to $110 million, backed out earlier this month. This follows the loss of a pending loan earlier this year from Société Générale, which abruptly exited the sports business and scuttled an oral agreement with the Hollywood movie producer….

“It is fair to say that the financial markets are strained, as we speak, and we will look to help with the financing of a portion of the purchase price,” wrote Tom Wilson, chief executive officer of Palace Sports & Entertainment, which owns the Lightning, in an e-mail. “The deal is still on.”

added 7:59pm, from Lightning Strikes,

Hollywood producer Oren Koules, who has been trying to close a deal to buy the Lightning for four months, has some light at the end of the tunnel thanks to two two helping hands that will provide $100-million in financing for the $200-million deal.

Lightning president Ron Campbell said Monday that owner Palace Sports & Entertainment and Galatioto Sports Partners will share the financing Koules needs to make the deal work.

continued

 

Filed in: NHL Teams, Tampa Bay Lightning, | KK Hockey | Permalink
 

Everything On The Line In Game 7

Blog: KK Hockey By Paul

from Eric Duhatschek of the Globe and Mail,

Yes, that was Journey’s Don’t Stop Believing playing over the loudspeaker system, just minutes before the Calgary Flames took to the ice last night against the San Jose Sharks with their playoff lives on the line.

Hey, if it was good enough for the final episode of The Sopranos, it was good enough for the Flames, too….

“It’s a different feeling when you come to the rink knowing it could be your last game of the year,” Flames captain Jarome Iginla said afterward. “We faced it now once and we know we’re going to need the same type of effort [in San Jose]. They’re going to be desperate the way we were tonight.

“It’s going to be fun. You can look back at different points in the series, but to have it come down to Game 7? Pretty cool.”

read on

Filed in: NHL Teams, Calgary Flames, San Jose Sharks, | KK Hockey | Permalink
 

Bruins Used To The Pressure

Blog: KK Hockey By Paul

from Fluto Shinzawa of the Boston Globe,

For the Canadiens, tonight will be the first time they face a possible season-ender. The Bruins, however, have been fighting to extend their season for quite some time….

Montreal swaggered into the series with all the confidence expected of a club that had claimed all eight meetings with the Bruins this season. Their chests ballooned even bigger when they took Games 1 and 2 at the Bell Centre, riding hotshot goalie Carey Price and the stick of world-class talent Alex Kovalev, who netted a seemingly back-snapping overtime goal to give Montreal a 2-0 series lead.

But four games later, Montreal looks like a broken team that’s staggering at the wrong time.

more

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

You Knew This Was Coming

Blog: KK Hockey By Paul

from Damien Cox of the Toronto Star,

We interrupt this regularly scheduled programming – otherwise known as the Stanley Cup playoffs – for the Maple Leafs’ pursuit of Brian Burke.

It begins today. Officially, that is. Unless Gord Kirke has presented the MLSE board with an entirely different game plan, Burke has been the No.1 target of the Leafs since John Ferguson was fired in January and he’s still the No.1 target.

This thing is now going to heat up quickly.

“It’s going to go from 33 1/3 rpm to 45 rpm in a hurry,” one source said.

continued

Update 2:33pm ET: More on the “Burke to Toronto” stuff from Bob McKenzie at TSN.

Filed in: NHL Teams, Toronto Maple Leafs, | KK Hockey | Permalink
  Tags: brian+burke

Morning Line

Blog: KK Hockey By Paul

George James Malik writing about Detroit Free Press columnist Drew Sharp,

But there’s a saying I learned in Manitoba: if you give a blind man a paintbrush and enough paint, and put him in the middle of a cornfield, he’ll eventually hit the side of a barn.

read on at Snapshots…

Filed in: NHL Teams, Detroit Red Wings, | KK Hockey | Permalink
 

Is Luongo Part Of The Aquilini Plan

Blog: KK Hockey By Paul

from Ed Willes of the Vancouver Province,

Luongo has played two seasons with the Canucks. In the first he played like Superman and got the Canucks to the second round of the playoffs. In the second season he was average by his standards and the team didn’t make the playoffs.

Add it up and it would appear that Luongo is good enough to make a below-average team average but, even at his best, isn’t good enough to take it to the Stanley Cup.

If that, in fact, is Aquilini’s assessment of the team it then follows that Luongo should be moved for players who can legitimately change this franchise.

Again, that presupposes there’s a plan in place. We shall see.

more

Filed in: NHL Teams, Vancouver Canucks, | KK Hockey | Permalink
 

Nail Biting Time

Blog: KK Hockey By Paul

from Jack Todd of the Montreal Gazette,

It’s cardiac time in Montreal. Grab the heart pills, Mabel, make sure Daddy has taken his Valium, pull up a seat within dialing distance of your 50-inch HDTV and get ready to sweat 50-calibre bullets.

Game 7. And how many of you had already made other plans for tonight, assuming the blue-blood Montreal Canadiens would have taken care of the upstart Boston Bruins long before now?

They’re running the marathon in Boston today and this postseason already seems like a marathon - not for the teams, but for the fans who are home chewing their lips off. It’s so bad, Jewish guys are saying Hail Marys at Passover and Catholics are bowing to Mecca. Down on Crescent St., Milan Lucic is the new Darcy Tucker.

continued

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

HNIC Favorites

Blog: KK Hockey By Paul

from Chris Zelkovich of the Toronto Star,

As if there were any doubts where Cherry’s allegiances lay, a post-game chat with host Ron MacLean removed them. As the two looked at a replay of what might have been a Boston offside that led to a key goal, MacLean said it might have been offside but added, ``You see nothing wrong with it, of course.”

But showing bias is nothing new with Canada’s most-watched hockey show.

Yesterday, commentator P.J. Stock previewed the Calgary-San Jose game with this: ``Hopefully, the minus-9 temperatures (in Calgary) will cool the big boys, or should I say, the big Sharks of San Jose.”

The CBC won’t get any complaints about that one, but that kind of comment belongs on a hometown radio station, not on a publicly funded network.

more

Filed in: NHL Media, Hockey Broadcasting, CBC HNIC, | KK Hockey | Permalink
 

Nashville Needs Money To Spend, Wings Need Consistency

Blog: KK Hockey By Paul

from Adam Proteau of the Hockey News,

Now, there was more to Detroit’s role in the victory than just luck. They unloaded a barrage of rubber (43 shots, to be exact) at Ellis – out-shooting Nashville 21-4 in the second frame – and Chris Osgood was up to the task in net for them when he had to be, stopping 20 Preds shots for his 11th career playoff shutout.

But this is also not to say the Red Wings come out of the series closely resembling a can’t-miss Cup contender. Their streakiness was again exposed and may a higher power help them if Osgood falters in the same way Dominik Hasek did in Games 3 and 4.

more

Filed in: NHL Teams, Detroit Red Wings, Nashville Predators, | KK Hockey | Permalink
 

Predators Plan Is To Win

Blog: KK Hockey By Paul

from the Tennessean,

“This moment is kind of lousy,’’ Freeman said. “Ultimately you just want to win. In the bigger picture I think everybody, and I mean everybody, has done a nice thing for the city. I think the city has found a hockey team they genuinely like.’’

Freeman recalled a moment last summer when NHL Commissioner Gary Bettman asked him why he thought he could make the NHL work in Nashville when Leipold could not.

“I told him this city, given a second chance, would realize how important this franchise was and how lucky we were to have the NHL. I felt this particular team was perfect for this season and this city,” Freeman said. “The city seems to have really wrapped their arms around them and seems to love these guys. They are a great group of guys to love and it hurts to see them lose.’’

more

Filed in: NHL Teams, Nashville Predators, | KK Hockey | Permalink
 

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