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The Sign And Trade Scenario For Steven Stamkos

from Chris Johnston of Sportsnet,

The Stamkos camp, led by agent Don Meehan of Newport Sports, essentially controls the situation. They’ve had an open interview period to speak with rival teams since Saturday and also enjoy the protection of a no-movement clause in the player’s expiring deal.

As a result, they would have to be central in orchestrating the first sign-and-trade agreement in NHL history.

For teams looking to add Stamkos there may even be a benefit to completing that sort of maneuver with the Lightning. They would have to part with an asset, sure, but it also offers the chance to lower the player’s eventual cap hit by spreading it over eight years rather than the maximum seven they could offer on the open market.

(If Stamkos’s price is $80-million over the length of the deal, for example, that amounts to an $11.43-million annual cap hit on a seven-year contract and $10-million on an eight).

more

Filed in: NHL Teams, Tampa Bay Lightning, | KK Hockey | Permalink
  Tags: steven+stamkos

Additional Information On In-Market Streaming Of NHL Games

from John Ourand of SportsBusiness Journal,

After five years of on-again, off-again negotiations, Fox Sports and the NHL finally have reached an agreement for in-market streaming, according to several industry sources....

The streaming deal is wrapped into other deals involving rights outside of a team’s home market. All told, Fox is paying an annual rate in the low eight figures combined for the streaming and outer-market deals, sources said....

The NHL deal is significant in that Fox Sports now has in-market streaming deals with all the big sports leagues that offer it. It signed its first in-market streaming deal with the NBA three years ago and completed the MLB deal earlier this spring. It has not released any consumption information or adoption rates for its local NBA or MLB streams, so getting a sense of viewer interest has been hard to gauge.

The NHL breakthrough came in recent months as some of Fox Sports’ linear TV NHL deals were expiring. Fox was in the midst of negotiating a new outer-market rights deal for its RSNs — a deal that enables Fox to carry, for example, Kings games in Los Angeles’ “outer market” of Hawaii and Blues games in St. Louis’ “outer market” of Kansas City.

Fox and the NHL also were negotiating around the NHL’s planned new Las Vegas franchise and coverage areas. Fox carries Ducks and Kings games in the Las Vegas market, but will have to give up rights to that market when the new team starts in 2017. By contract, Fox was due to get a rebate from the teams since it was going to have to scale back its distribution from Las Vegas.

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Filed in: NHL Teams, NHL Talk, NHL Media, Hockey Broadcasting, | KK Hockey | Permalink
 

Bill Foley On His Expansion Draft Plans

from Case Keefer of the Las Vegas Sun,

He’s concluded that Las Vegas is going to be able to land a pair of “really good goalies” supplemented with a strong defense.

“It’s what the draft is giving us,” Foley said. “I’d love to have offensive powerhouse, juggernaut like the Penguins, but it took them a long time to get there. We’re going to have to work our way into that.”

Immediate offensive help could come from the pool of unrestricted free agents. The team must spend 60 to 100 percent of the salary cap, expected to be somewhere from $74 to $75 million, on the expansion draft.

Foley hints it might fall on the lower end, as he’s impressed by the projected set of free agents and believes he won’t have trouble luring players to Las Vegas.

“We’re going to have money to spend, so we can look at who’s out there,” Foley said. “I’m twice this age, but I don’t want a bunch of 35- or 36-year-olds that play a couple years, and then they’re done. We’ll have some veterans on the team to help the younger guys, but we need to be a younger-oriented team.”

more

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

Advantages Of Steven Stamkos Staying With The Tampa Bay Lightning

from Joe Smith of the Tampa Bay Times,

Aside from being seemingly the best on-ice fit, the Lightning, which is believed to have offered Stamkos an extension worth $8.5 million annually, holds a couple x-factors over other suitors — there's no state income tax in Florida and the Lightning is the only team that can offer him an eight-year contract (others only seven).

As a Tampa Bay Times analysis in January showed, Stamkos could net nearly the same annually after taxes in Tampa Bay at $8.5 million as $10 million in New York (Rangers, Islanders), presuming he'd be a New York City resident; Stamkos would make more over the length of the deal in Tampa because of the extra year. Stamkos would net $500,000 less annually than a $10 million deal with Detroit, another strong suitor, but, again, more over the length of the deal.

And Stamkos' hometown Maple Leafs, due to a 53.53 percent combined federal/provincial tax rate, would have to offer him $12.37 million annually over seven years to net the same as he'd make over eight years at $8.5 million in Tampa, according to national sports tax guru Robert Raiola, the director of the Sports and Entertainment group at PKF O'Connor Davis, who has professional sports clients throughout the country.

read on

Filed in: NHL Teams, Tampa Bay Lightning, | KK Hockey | Permalink
  Tags: steven+stamkos

Free Agent Talk On The New York Islanders

from Arthur Staple of Newsday,

Frans Nielsen

Frans Nielsen stillis Islanders property and there still seems to be a better chance than not that he will remain with the Isles. A report Monday indicated Nielsen had turned down an Islander contract offer worth $5.5 million per season. Sources had indicated in the past week that the two sides had moved closer on a deal, one that was likely to be six or seven years in length to keep the average annual value below that $5.5 million number and keep Nielsen in an Islander uniform for the rest of his NHL career.

Things change daily, even hourly, when it comes to the free-agent frenzy, so one side or the other could have altered their stance. But last I heard, $5.5 million per was not the right number and the sides were closer on a deal....

Kyle Okposo and Matt Martin

Kyle Okposo and Matt Martin are headed elsewhere, that much is certain. There’s been no contact between either player’s representative and Garth Snow of late.

A source indicated over the weekend, when the unrestricted free agent contact period began, that a slew of teams had already reached out about Okposo, who could be the prime Plan B for teams that don’t land Steven Stamkos or simply the Plan A for some other clubs. The Jets, Blues, Red Wings, Wild, Sabres and Kings have reached out. Expect the Panthers and Canadiens to do so as well, though it’s believed that Okposo would rather head closer to his Minnesota home than north to Canada.

Martin’s reported suitors included the Rangers (gasp!) and the Leafs. The Rangers make sense from Martin’s perspective -- he loves the New York area, his longtime girlfriend Sydney Esiason has strong ties here -- but from the Rangers’ side it would mean shuffling some pieces around to make room....

more on each of the above plus other names...

Filed in: NHL Teams, New York Islanders, | KK Hockey | Permalink
 

A Six-Year Contract For Andrew Shaw In Montreal

MONTREAL – Montreal Canadiens general manager Marc Bergevin announced on Monday that the team has agreed to terms on a six-year contract with forward Andrew Shaw.

Acquired on Friday from the Chicago Blackhawks, Shaw scored 14 goals and registered 34 points in 78 games last season. He also was a standout during the playoffs, posting six points – including four goals – in six games.

“We are very pleased to have agreed to a long-term deal with Andrew Shaw. As I mentioned last Friday following his acquisition, we are adding a solid character player to our team, a reliable player who plays with grit and a two-time Stanley Cup champion with the Chicago Blackhawks over the past five seasons. Andrew will add more leadership to our team. I had the opportunity to discuss with him over the past few days, and I sense his determination and excitement in joining the Canadiens’ organization for many years to come,” said general manager Marc Bergevin.

A five-year NHL veteran, the Belleville, ON native won the Stanley Cup twice in Chicago, hoisting the coveted trophy in both 2012-13 and again in 2014-15.

 

Filed in: NHL Teams, Montreal Canadiens, | KK Hockey | Permalink
  Tags: andrew+shaw

The Latest On The Colorado Avalanche

from Mike Chambers of the Denver Post,

The Avalanche will buy out veteran defenseman Brad Stuart and not replace him or recently traded defenseman Nick Holden with marquee free agent defensemen, general manager Joe Sakic said Monday.

Because of Stuart’s age, 36, his buyout won’t provide salary-cap relief, leaving $3.6 million on the books. But the Avs will save $1.2 million in cash, according to GeneralFanager.com...

Before trading Holden to the New York Rangers on Saturday, Sakic said the Avs won’t make a big splash when free agency begins, and he said that remains the plan after informing Stuart that he will not be with the team next season.

Sakic reiterated his plan to give increased ice time to 21-year-old defensemen Nikita Zadorov and Chris Bigras and offer 2011 first-round draft pick Duncan Siemens “every opportunity to try and make this team.” In addition, the Avs have high hopes for defenseman Eric Gelinas, who was acquired from New Jersey in March.

read on including a contract staus on Nathan MacKinnon...

Filed in: NHL Teams, Colorado Avalanche, | KK Hockey | Permalink
 

Your 2016 Hockey Hall Of Fame Class

 

added 3:50pm, HHOF release is below...

Continue Reading »

Filed in: NHL Teams, Non-NHL Hockey, | KK Hockey | Permalink
 

Ottawa Trades Alex Chiasson To Calgary

OTTAWA – The Ottawa Senators (@Senators) announced today that the club has acquired defenceman Patrick Sieloff from the Calgary Flames in exchange for forward Alex Chiasson.

Sieloff, 22, made his National Hockey League debut with Calgary last season, playing one game. In his lone game, he scored the game-winning goal in the Flames’ 2-1 victory over the Minnesota Wild on April 9. In 52 games with the American Hockey League’s Stockton Heat, he scored two goals, nine assists and recorded 54 penalty minutes.

The 6-1, 205-pound native of Superior, Mich., was Calgary’s second-round selection (42nd overall) in the 2012 NHL Draft. In 102 career AHL games between the Abbotsford Heat, Adirondack Flames and Stockton, he has recorded 16 points, including four goals. Sieloff has represented the United States internationally on three occasions, winning gold at the 2013 IIHF World Junior Championship in Russia.

Chiasson, 25, was acquired by Ottawa from the Dallas Stars in a five-player trade on July 1, 2014. In 153 games with the Senators over two seasons, he scored 19 goals and added 21 assists for 40 points while recording 112 penalty minutes.

added 3:57pm,

 

Filed in: NHL Teams, Calgary Flames, Ottawa Senators, | KK Hockey | Permalink
  Tags: alex+chiasson

The Changes At Sportsnet/Rogers Media

from Dave Shoalts of the Globe and Mail,

Rogers Media cut a wide swath through its hockey broadcast personnel on Monday, dismissing at least six on-air personalities including Glenn Healy, who was the between-the-benches analyst on Hockey Night in Canada’s No. 1 crew.

P.J. Stock, Billy Jaffe, Chantal Desjardins, Corey Hirsch and Leah Hextall are also gone in a housecleaning prompted by a disastrous miscue by Rogers’s upper management regarding Canadians’ appetite for hockey, a mistake compounded by mediocre play from Canada’s NHL teams. And the 5 p.m. NHL pregame show on Saturdays on Sportsnet 360 was cancelled.

There was no immediate word on further job losses, although company insiders were expecting a larger number of behind-the-scenes people to be dropped as well. The bad news came just a few days after word leaked that George Stroumboulopoulos was fired as the main host on Hockey Night in Canada and would be replaced by his predecessor, Ron MacLean.

Also gone from Hockey Night in Canada is Damien Cox, who appeared in the second-intermission news and discussion segment with Elliotte Friedman. He moves to Toronto radio as Bob McCown’s permanent co-host on Sportsnet 590 The Fan’s Prime Time Sports. Surviving the Hockey Night purge are Friedman, Kelly Hrudey and Nick Kypreos.

continued

Filed in: NHL Media, Hockey Broadcasting, d, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

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