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Category: Edmonton-Oilers

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.

more

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
 

Joni Pitkanen Signs For 1yr

from the CP via Yahoo,

The Edmonton Oilers have signed defenceman Joni Pitkanen to a one-year contract, US$2.4-million contract, a source said Friday.
The 23-year-old was acquired from Philadelphia earlier this summer in a trade that saw Jason Smith and Joffrey Lupul go to the Flyers.
Pitkanen had been scheduled for a salary arbitration hearing after the Flyers requested one - something teams can now do under the collective bargaining agreement.

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Katz Still Trying To Buy Oilers

from Ryan Rishaug at TSN,

There very well could be a change of ownership on the horizon for the Edmonton Oilers. Sources tell TSN that local billionaire Daryl Katz has submitted an offer to buy the franchise outright from the Edmonton Investors Group.
The exact dollar value of the offer is unknown, but this isn’t the first time Katz has taken a run at getting in. Earlier this year on 2 occasions he approached the board of directors with preliminary offers to buy shares in the team and both times he was steered aside. But apparently this time, Katz has bypassed the board of directors and gone straight to the shareholders with the offer to buy the whole thing.

continued

added 6:41pm, from Dan Barnes at the Edmonton Journal,

It’s a month old and Oiler owners still consider it an informal bid, but
Edmonton billionaire Daryl Katz’s offer to purchase the team now stands at $150 million Cdn, an increase of $5 million on his original gambit.
The Edmonton Investors Group, which owns the National Hockey League franchise, have discussed Katz’s proposal but will not respond to it until they believe it constitutes a formal offer to purchase.

continued

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Montreal Fans Say Goodbye To Souray

Comments from Montreal fans at Habs Inside/Out are coming in fast and furious regarding the departure of Sheldon Souray to Edmonton.

added 5:02pm, from Red Fisher of the Montreal Gazette,

So why did it take so long to sign the big, handsome, popular player?
It’s a question I asked a general manager friend of mine a few days ago when Souray appeared to be twirling in the wind awaiting an offer?
“He’s a good guy,” was the reply. “He’s a risk. Obviously, he’s very good offensively (an NHL record 19 power-play goals among the 26 he scored in 81 games last season), but …”
What he was really saying was that there were glitches in the scouting report on Sheldon, which go like this:

read on

image

Filed in: Edmonton Oilers, Montreal Canadiens, | KK Hockey | Permalink
 

The King Of Edmonton

from Loose Change at the Hockey News,

...Then along comes (gallantly rides in) one Sheldon Souray, a hulking and talented defenseman, from the mean streets of Montreal with an impressive resume and an old wedding album complete with the occasional un-retouched photo of a supermodel. He’s good looking and, unlike most recent Oiler signings of late, is not described as “the poor man’s version of” anyone. He has personally put Edmonton back on the hockey map faster than you can say Balsillie.
Thing is, he thought he had signed with Calgary.

read on

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Everybody Is Happy In Edmonton

from Terry Jones of the Edmonton Sun,

If you think nobody wants to be associated with Edmonton anymore, believe me here’s the one guy who wants to be associated!
“Coming to Edmonton is a dream come true. To come home and put on that jersey ... I’m getting more excited every time I think about putting on that uniform,” he said on a conference call yesterday.
And wife Angelica is good with this?
“She’s happy,” said Souray.
“She’s familiar with the city. It’s good.
“Everybody is happy. Everybody is thrilled,” he said, including his dad, an Oilers fans even while Souray played for the Canadiens.
He said everybody back home was screaming into the phone when he told them the news.

read on

Filed in: Edmonton Oilers, | KK Hockey | Permalink
 

Sheldon Souray Signs With Edmonton

Sportsnet.ca’s Livetracker is reporting that Sheldon Souray has signed with the Edmonton Oilers.

More soon.

Update 4:08pm ET:
Linked on Sportsnet.ca,

Sportsnet has learned that free agent defenceman Montreal Sheldon Souray has signed with the Edmonton Oilers.

Update 4:15pm ET:
From TSN,

Sheldon Souray is on his way to Edmonton as the Oilers and the free agent blueliner agreed on a contract.
The Elk Point, Alberta native appeared in 81 games with the Montreal Canadiens in 2006-07 and had a career year with 26 goals and 64 points. Nineteen of his 26 goals came on the power play, which set an NHL record for defencemen.

continued…

Update 5:08pm ET: From RDS (link is in French), the terms are a 5 year deal for $27 million.

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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