Kukla's Korner Hockey
from Bob McKenzie at TSN,
The Philadelphia Flyers have dipped into the free agent market a little early, thanks to the Nashville Predators.
Because of Nashville’s uncertain ownership future and an expected tight budget in the coming year, sources tell TSN the Predators arranged with the Flyers to give them exclusive negotiating rights to two coveted free agents - defenceman Kimmo Timonen and forward Scott Hartnell.
Sources tell TSN the Flyers have now signed both Hartnell and Timonen to long-term contracts.
from The Maven,
This is the time of year when Lou Lamoriello completes his head-coach search. With the Entry Draft coming up, it would not surprise if Double L announces his new bench leader any day now….
I’m guessing it’ll be Brian Sutter, who has experience, savvy and toughness. I was tempted to call this coaching scenario “The Meadowlands Melodrama” until I realized that Lou just moved his offices from East Rutherford to Newark.
more hockey talk, including the Bruins, the Senators and the Predators situation…
from Loose Change at the Hockey News,
This Jim Balsillie is really starting to become a pain.
How dare he attempt to bring his maverick money into the staid old National Hockey League (twice) and dictate how things are done?
How dare he recklessly disregard due process and try to circumvent the rules?
from Theresa Tedesco of the National Post,
According to insiders, Mr. Bettman and William Daly, the NHL’s deputy commissioner, told Mr. Balsillie that if he wanted to buy the Predators, he had to make a “good faith” attempt to keep the team in Nashville, and not to sabotage its chances of surviving in that city.
Apparently, Mr. Balsillie was troubled about not having certainty about his ability to move the team, and was clearly uneasy about his previous experience with the league. Before he publicly announced his bid for the Penguins last October, he had a similar conversation about moving Sidney Crosby and the team if the arena funding didn’t materialize. Apparently, Mr. Bettman agreed at the time, saying “I’ll be the first to help you pack your bags.”
more... long but interesting read…
If the Nashville Predators are not sold by June 30, which seems unlikely now, sources say club owner Craig Leipold is prepared to vastly trim his player payroll next season, even if it means dismantling a Stanley Cup contender.
The so-called scorched earth tactic, reminiscent of baseball’s Florida Marlins, is designed to minimize financial losses next season, which will almost certainly approach US$10-million, and force the City of Nashville to buy more tickets if it wants to keep professional hockey in the Tennessee capital.
from the Nashville Predators,
The Nashville Predators today delivered written notice to the Sports Authority of Metropolitan Government (as required by Section 2.3 (b) of its license agreement) that the club reserves the right to cancel the license agreement at the end of its 2007-08 NHL hockey season if the average number of tickets sold to home games played at the Sommet Center (excluding exhibition and preseason games) during the “cure season” does not equal or exceed 14,000 per game.
read on for a statement from Leipold…
from the Nashville Post,
Sources told NashvillePost.com that the sale to Canadian billionaire Jim Balsillie is in danger because of Metro’s legal wrangling over the lease with the team, and the result could be a legal war between the city and the Predators. Attorneys from both sides have been meeting for weeks and team owner Craig Leipold and his attorneys are meeting with Mayor Bill Purcell and the city’s attorneys this afternoon.
read on...the lawyers take over from here…
from the Tennessean,
A longtime Metro Sports Authority member and local attorney says that even if the Predators hit 14,000 in paid attendance next season, an owner could still try to move the team.
Steve North said Friday that an owner could choose to break the lease himself, pay Metro a fee of approximately $27 million for “liquidated damages” and then move the team.
That scenario, however, is unlikely to occur, according to North.
from the Nashville Post,
NashvillePost.com has learned that a group of local businessmen, including some from the healthcare sector, is putting together an ownership proposal for the Nashville Predators. The bid would be offered only if current owner Craig Leipold’s deal with Canadian businessman Jim Balsillie falls apart.
Those familiar with the deal acknowledge that they have not presented a proposal to Leipold and are prohibited from doing so while Balsillie’s offer is on the table.
from David Shoalts of the Globe and Mail,
As for Leipold, considering that the Predators have fewer than 9,000 season-ticket holders in Nashville, perhaps he was shocked into silence by the fact Hamilton sold almost as many tickets (7,200) in less than a day.
However, a fellow can’t help but wonder why Leipold isn’t making a lot of noise about the reticence of the league’s head office to move this sale along.
If the opposition to Balsillie’s bid is as broad as several NHL sources indicated this week, then Leipold has a lot to lose — somewhere in the range of $48-million (U.S.).
As part of his strategy to convince the NHL owners to accept him in terms they understand — greed — Balsillie agreed to pay Leipold upward of $238-million for the franchise, well above the going rate.
This instantly gave the league’s owners the prospect of seeing the value of their own franchises climb.
added 8:00am, from Kevin McGran of the Toronto Star,
But behind the scenes at Elgin Theatre there was much melodrama in the ever-developing plot about a possible seventh Canadian franchise.
Commissioner Gary Bettman was said to be livid with Canadian billionaire Jim Balsillie for flaunting the idea of moving the Nashville Predators to Hamilton during the Stanley Cup final, and putting the rights to purchase season tickets on sale the day the league was holding its gala to honour its best.
“They’re stealing the show,” said one NHL governor from the East.
“He’s going about it all wrong,” a Western Conference governor said of Balsillie’s moves.
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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