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Category: Carolina-Hurricanes

Morning Line- Thomas Dundon

“I’ve watched hockey for a long time and I enjoy it, but I think the part that’s most enjoyable is there are a lot of moving pieces and you get to figure out, hopefully, how to find a way to win or help people be successful. There’s everything from how you treat the players and giving them an advantage, and the resources you do with the coaches, and how you market the team and how you generate entertainment in the building that brings energy, that hopefully helps you win.”

-Thomas Dundon, the new majority owner of the Carolina Hurricanes.  Luke DeCock and Chip Alexander of the News & Observer have more.

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Thomas Dundon Is Now The Majority Owner Of The Carolina Hurricanes

NEW YORK (Jan. 11, 2018) – Thomas Dundon today became majority owner of the Carolina Hurricanes through the formal closing of his purchase transaction with Peter Karmanos, with Mr. Karmanos retaining a minority ownership interest in the Club. The NHL Board of Governors had previously approved the transaction.

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Report- Sale Of The Carolina Hurricanes Will Be Made Official Today, Press Conference Tomorrow

from Luke DeCock and Chip Alexander of the News & Observer,

The sale of the Carolina Hurricanes from Peter Karmanos to Thomas Dundon is scheduled to close this morning, according to several sources with knowledge of the negotiations. A press conference with NHL commissioner Gary Bettman is scheduled for Friday in Raleigh.

The NHL's Board of Governors is prepared to approve the transfer, which will see Dundon purchase more than 51 percent of the team from Karmanos with an option to purchase the remainder in three years, valuing the franchise at about $505 million.

continued

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Sale Of The Carolina Hurricanes Could Bring Changes

from Luke DeCock of the News & Observer,

Thomas Dundon's imminent takeover of the Carolina Hurricanes – the sale from Peter Karmanos could be finalized as early as the end of this week – will usher in a new era for the team, and without a doubt, a very different one.

For the first time since the franchise moved here in 1997, everything is on the table, from changing the logo and colors to the fan experience to how the building is managed.

Based on Dundon's friendship with Mark Cuban, expect the players (and their families) to be treated in ways this franchise has never before even considered, from how they travel to how they eat to how they train to how they recover.

Based on how he has run his businesses in the past, expect Dundon to personally evaluate every single aspect of the franchise, from hockey operations to ticket sales to marketing to concessions to game presentation to parking to broadcasting to merchandising to accounting. 

continued

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Reaction After The Pittsburgh Penguins Were Shutout At Home Last Night

The Penguins were defeated 4-0 by the Hurricanes...

from Sam Werner of the Pittsburgh Post-Gazette,

“We haven’t put games together,” Crosby said. “We’ve had one good game, [one bad game], exactly the way our record shows. If we knew the reason, I think we’d find a way to put them together. I think the main thing is just our compete level and finding that nightly, we haven’t been able to do that.”

When asked if the Penguins’ emotion was where it needed to be Thursday night, Crosby responded with a flat “no.”

That’s a bit surprising, given how relatively big the standings implications were for a game in early January.

With the loss, the Penguins are now three points behind the Hurricanes for the final playoff spot in the Eastern Conference.

more

Watch the highlights below...

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A Good Day For The Carolina Hurricanes

from Luke DeCock of the News & Observer,

Let’s make this most important point first: Peter Karmanos should have and deserves the fervent and genuine appreciation of Carolina Hurricanes fans for bringing the team here and keeping it here. None of this, the good times and the bad, would have happened without him....

All that said, this is a glorious day. He finally has an agreement in place to sell the team, even if there are still more hurdles to clear, and he’ll still be a minority partner. And to someone who isn’t Quebecor. Pardon, Quebec.

Dallas businessman Thomas Dundon, who made his money in subprime auto loans, has pledged to keep the team here, although such promises are always fungible. Karmanos himself promised when he bought the Hartford Whalers in 1994 to keep the team in Connecticut for four years. He moved them here after three.

The indecision and uncertainty surrounding Karmanos’ increasingly tenuous personal finances held this franchise hostage for far too long. His absentee ownership – for almost 20 years, he promised to move himself or his business to Raleigh in some capacity and never did – kept the Hurricanes from making the inroads in the community they should have long ago. And the force of his personality and penchant for pile-driving his foot into his mouth always made for interesting times for those who had to work for him and deal with him on a daily basis.

read on

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The Sale Of The Carolina Hurricanes May Be Decided Today

added 11:51am,

 

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The Latest Sale Talk Regarding The Carolina Hurricanes

from Chip Alexander of the News & Observer,

There may be three more potential buyers for the Carolina Hurricanes.

Team president Don Waddell said Wednesday that talks with Texas-based sports attorney Chuck Greenberg have slowed down and that other possible buyers have emerged, including Dallas businessman Tom Dundon.

“The Greenberg thing had been ongoing as we all know,” Waddell said. “It has slowed down. We haven’t heard back from Chuck in a while. We believe he is actively trying to find investors.

“But there are others groups that have now stepped forward and taking hard looks at the franchise. Obviously, Tom Dundon’s name came out today, a Dallas businessperson who has a lot of interest.”

continue

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Changes May Be Needed In Carolina

from Luke DeCock of the News & Observer,

After mustering only one goal in a shootout loss to the worst team in the NHL, with the annual Thanksgiving standings-lock less than three weeks away, the Carolina Hurricanes are in the danger zone. It’s time to wonder whether the status quo, whether that’s on the coaching staff or on the roster, is going to get the job done....

The easiest and most obvious fix is a coaching change. Bill Peters is clearly a good hockey coach, but the way the team is playing, it’s fair to wonder whether his message is getting through. Even the best hockey coaches have limited shelf lives, and Peters spent the first three years of his tenure grinding blood out of a stone. Even good coaches can go stale. Is anyone still listening at this point?

Certainly, Peters made his own bed with the ridiculous co-captaincy – and picking two guys who were passed over last year – and his distrust of Jeff Skinner has kept him from getting the most out of the team’s most talented player. With all the ex-Blackhawks added, Peters has as many fingerprints on the roster as Francis.

But it’s hard to say it’s entirely Peters’ fault. When Karmanos said this team had “four No. 2 centers” who did he think the other three were? This team is weak down the middle and has too many perimeter wingers, and Peters has so far been unable to fix that. Where the blame lies is open for debate, but not the results.

read on

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Cam Ward The Backup Goaltender

from Chip Alexander of the New & Observer,

With the coming of Scott Darling, brought in to be the Canes’ No. 1 goalie this season, Ward found himself in a most unusual role. Long the franchise goalie, he was relegated to being the backup as Darling started eight of the Canes’ first 10 games.

In 11 previous full seasons, Ward played in 88 total games in October. This is different.

“There’s no question it has been an adjustment,” Ward said earlier this week. “I’m doing what I can to stay sharp in practice. When you’re not playing as much you have to emphasize more the practices and trying to stay sharp.”

more

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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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