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Category: Edmonton-Oilers

Tomorrow Is Decision Day

from Ray Slover at the Sporting News,

One thing is clear: Burke is making Lowe sweat. He’s taking the full week to decide.
But both these guys are going through a case of Tums and another of Mennen Speed Stick. Most likely, Lowe is the cooler customer right now. He’s in the proverbial catbird seat, and his biggest concern is how Penner’s five-year, $21.25 million offer will affect his team’s future salary situation….
I say no, Burke won’t match. I say yes, Lowe will get his man and have to live with the consequences.
Key to Burke’s decision, in addition to sticking to his guns on the Ducks’ salary structure, is a need for draft picks. Getting the Oilers’ first-, second- and third-round picks next June will be a benefit for the team’s development. And you can bet Burke will be hoping Lowe’s Oilers fall flat on their faces to increase the value of those picks.

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Filed in: Anaheim Ducks, Edmonton Oilers, | KK Hockey | Permalink
 

Oilers Sell-Out All Of Their Season Tickets

from the Edmonton Journal,

It can’t be called blind faith, because a flippant label like that one would demean the fan base.
And these people know their hockey.
But for whatever reason, and there may well be plenty of them, Edmonton Oilers season ticket-holders have opened their wallets faster than ever this summer. It’s Aug. 1, six weeks before NHL training camp, two months before the Oilers play the San Jose Sharks in the first of 41 home games at Rexall Place and the team doesn’t have a single season ticket left to sell. None. Zip. Zilch. Nada.

continued

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Lowe Playing By The Rules

from Spector at Fox Sports,

Several hockey pundits and bloggers have echoed Burke’s words, accusing Lowe of screwing up the player salary structure with his inflated offers for Penner and his earlier attempt to sign Buffalo’s Thomas Vanek.
Lowe has also been called hypocritical for engaging in the same wild spending that big-market teams under the previous labor agreement engaged in which once threatened small-market clubs like the Oilers.
Regardless of the criticism, Lowe is doing what he’s entitled to do under the collective bargaining agreement. Sure, the offers to Penner and Vanek were pricey, but Lowe has the available cap space, the willingness to use it, and offered what he believed would be enough to pry those players away from their respective teams.

read on

Filed in: NHL Talk, Anaheim Ducks, Edmonton Oilers, | KK Hockey | Permalink
 

A “Note Of Thanks”

from Darren Eliot at Sporst Illustrated,

Dear Mr. Lowe,
I’m writing you on behalf of all current and future NHL players and their agents. First, let me commend you on your brilliant use of the Collective Bargaining Agreement mechanism known as the offer sheet. In tendering both Thomas Vanek and, most recently, Dustin Penner you not only demonstrated keen insight into the minutiae of the binding agreement between players and management, you also exhibited an astute assessment of talent.

continued

Filed in: NHL Talk, Edmonton Oilers, | KK Hockey | Permalink
 

Irresponsible Lowe

from Eric Franicis of the Calgary Sun,

By signing Dustin Penner to a five-year, US$21.25 million offer sheet that gives the towering rookie ten times more money a year than he made in Anaheim, Lowe has suddenly become the sort of reckless GM that prompted a year-long lockout.
After years of lamenting the foolhardiness of people like Glen Sather, Mike Milbury and Bob Clarke, whose constant overspending drove the market up and threatened the very existence of small market teams like the Oilers, Lowe is now the irresponsible one.

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Sorry Brian

from Terry Jones of the Edmonton Sun,

So is Burke right on the money, so to speak? Or is he getting his pound of flesh?
Gutless? Classless?
On a personal level, absolutely. On a professional level, all’s fair in love and war.
Grossly inflated salary?
The Oilers aren’t likely to be competitive if they don’t solve their scoring problems with goal scorers. And if Penner continues to improve, it might be fair value at some point. But today? No way.
Act of desperation?
An act of desperation by a general manager fighting to keep his job?
Sorry, Brian.

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Filed in: Anaheim Ducks, Edmonton Oilers, | KK Hockey | Permalink
 

Why Burke May Pass On Penner

from Terry Jones of the Edmonton Sun,

Of all the GMs in the league the one Lowe is probably closest to is Burke. They talk almost daily.
I find it difficult to believe that there wouldn’t be conversation, lots of conversation, before this happened.
As interesting as this may be from an Oilers perspective with Lowe having been unable to spend anywhere near his $45-million US budget, particularly to get a forward and specifically a left winger, its far more interesting from a Ducks perspective. Burke was on the record prior to the July 1 free agent frenzy saying if anybody went after Penner, he’d match.
Would he be first in NHL history not to match?
There’s a reason for him to take a pass.

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Filed in: Anaheim Ducks, Edmonton Oilers, | KK Hockey | Permalink
 

Oilers Put Offer Sheet to Ducks’ Penner

From TSN,

The Edmonton Oilers are back at it again, tendering a five year, $21.5 million offer sheet to Anaheim Ducks Group II restricted free agent Dustin Penner.
The Ducks will have the right to match Edmonton’s offer for Penner. The Oilers, meanwhile, will not comment on the offer until after Anaheim’s decision.
Oilers general manager Kevin Lowe signed Buffalo Sabres forward Thomas Vanek to a seven-year, $50 million offer sheet in early July. The Sabres matched the offer to retain Vanek.

continued…

Filed in: Anaheim Ducks, Edmonton Oilers, | KK Hockey | Permalink
 

Is Katz Planning A Hostile Takeover

from Terry Jones of the Edmonton Sun,

Did Daryl Katz, in attempting to sweeten the deal, sour it?
Will people now resent what already felt like an uninvited hostile takeover attempt of a group of the all-time greatest guys in Edmonton history - the 37 entities who saved the Oilers?
Katz yesterday went public with a statement which was both teasing and tantalizing in terms of putting up major money toward the building of a new downtown arena, investing in a new arena for the University of Alberta and promising to spend to the salary cap to make the Oilers a winning team.
The timing of the statement is curious.

continued

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Daryl Katz Makes Public Statement About Oilers

On CFRN radio (Team 1260) in Edmonton, the host just read off a press release with a direct statement from billionaire Darryl Katz. He makes clear his intentions to try and buy the Edmonton Oilers and spend to the salary cap every season;  he also claims to have also entered into negotiations with the University of Alberta to build a “world class” hockey training facility on that campus.  The statement reinforces that Katz wants to maintain the Oiler’s “traditions” and has no intention of moving the team.

Text of the full statement below:

Continue Reading »

Filed in: Edmonton Oilers, | 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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