Kukla's Korner Hockey
from Larry Brooks of the NY Post,
Slap Shots has been told by a well-placed individual familiar with the thinking on Sixth Avenue that the NHL will look into the circumstances behind the loan from AEG to Del Baggio, and loans of up to $20 million to Del Baggio from outgoing Nashville owner and current Minnesota owner Craig Leipold.
Think of it. Had Del Baggio remained a part of the group purchasing Nashville, the Kings and the Wild would have had a financial investment in the Predators, and apparently without the knowledge of Gary Bettman or any other member of the Board of Governors.
Reporters from The Tennessean have done a remarkable job in uncovering details of the entangling financial alliances among those invested in the sale of the Predators, one of the NHL’s chronic problem franchises.
from Brad Schrade of the Tennessean,
A copy of the confidential Aug. 31, 2007, purchase agreement between Leipold and head of the local majority ownership group, David Freeman, obtained by The Tennessean, shows exactly what Leipold had to do. The document was so confidential that Metro’s attorney, Larry Thrailkill, who negotiated the city’s lease changes with the new owners, never saw it.
The document shows how far Leipold may have had to go to get out of town. It suggests that the deal to sell the team could have fallen apart if Leipold failed to keep $30 million of his own money in the team for one year or failed to find an outside investor to put the money up. If those conditions weren’t met, Freeman and his group could have gotten their $10 million deposit back, according to the document.
from Russo’s Rants,
L.A.’s under the cap floor, but Terry Murray’s the coach now. Parrish played for him in Florida, so I’m sure it’ll be like, “been there, done that.”
However, Terry’s older bro, Bryan, is the GM in Ottawa, and Bryan traded for Parrish is Florida.
Maybe he goes back to the Islanders? He’s buddies with GM Garth Snow. Vancouver definitely needs offense and has plenty of cap room, so maybe he reunites with Pav. Atlanta and Phoenix are just above the cap floor.
more on Parrish and the Wild…
From Michael Russo at Russo’s Rants,
According to an NHL source, the Wild has placed Bloomington-born, Plymouth resident Mark Parrish on waivers.
If he clears the 24-hour waivers, it is likely he will be bought out of the remaining three years of his contract and will become a free agent.
Parrish spent much of his two seasons with his hometown Wild in Jacques Lemaire’s doghouse.
from the Pioneer Press,
After losing offensive weapons Brian Rolston and Pavol Demitra through free agency during the offseason, the Wild made sure that they’d have playmaking whiz Pierre-Marc Bouchard around for the next two seasons at least.
The Wild and Bouchard agreed late Friday night to a five-year, $20.4 million contract that includes, according to assistant general manager Tom Lynn, a commitment by general manager Doug Risebrough not to trade Bouchard for at least two years.
thanks to KK member PuckHound61 for posting the signing in the KK Forum very early this morning. I went to the Chicago/Detroit ballgame last night with plans to update KK when I got home. Well, things didn’t turn out so well for the Tigers so I spent some extra time crying in my beer.
added 10:43am, Minnesota Wild President and General Manager Doug Risebrough today announced the National Hockey League (NHL) club has re-signed right wing Pierre-Marc Bouchard to a five-year, $20.4 million contract.
“Pierre-Marc is just 24 years old and the best years of his career are ahead of him,” said Risebrough. “He is a good example of how drafting and developing your own players leads to team success. This is why the Wild was willing to make such a substantial and long-term commitment to him.”
Minnesota Wild President and General Manager Doug Risebrough today announced the National Hockey League (NHL) club has re-signed left wing Stephane Veilleux to a 2008-09 contract.
And from Michael Russo, more details:
The Wild has avoided a Monday arbitration hearing by re-signing left wing Stephane Veilleux to a one-year, $737,500 contract, which includes a $125,000 signing bonus. This is roughly what Veilleux would have received from an arbitrator.
from Russo’s Rants,
Wild is busy working on its restricted free agents and getting ready to make Marian Gaborik a long-term extension offer, probably in the neighborhood of $8.5 million per season.
more on Minnesota…
from Patrick Reusse of the Star Tribune,
Risebrough was in the bargain basement’s hockey section, up to his elbows in the squalor of stinking pads and broken sticks, trying to find bodies that he could pass off to his team’s gullible consumers as real players.
In several instances, Risebrough was required to place a mirror under the individual’s nostrils to make sure he still was breathing. This did not prevent the boss from suggesting the Wild was a better team with these scraps than with Brian Rolston and Pavol Demitra.
Double-Talking Doug operates with a motto that has served him extremely well in St. Paul: “You can fool some of the people some of the time, and you can fool all of the Wild fans all of the time.”
Minnesota Wild President and General Manager Doug Risebrough tonight announced the National Hockey League (NHL) club has signed forward Owen Nolan to a multi-year contract.
“Owen Nolan is a true power winger who can score goals, play a physical brand, play either wing and take face-offs,” said Risebrough. “We are excited to add a player of his experience and versatility.”
Russo’s Rants reports 2 year deal for $5.5M
from Russo’s Rants,
As I’ve been reporting since July 1, the Wild has an offer in on the Vancouver Canucks unrestricted free agent (Brendan Morrison). The two sides have talked a lot.
He is expected to make a decision early next week, and I can tell you, the Wild has no clue which way he’s leaning. The offer is there. It’s up to him.
more on Morrison and the Wild…
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.
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