Kukla's Korner Hockey
I RT'd this earlier but I know many KK readers don't use Twitter at all or on a daily basis...
from Christopher Botta of SportsBusiness Daily,
In the five weeks since The Shift reported that the sale of the New York Islanders to Andrew Barroway is in the hands of Charles Wang, the Islanders’ current owner, Wang has not moved to complete a deal. However, specifics of the potential agreement have been confirmed with sources close to the seller, the buyer and the NHL:
• Barroway is seeking to become the majority owner and purchase 80 percent of the team. “He wants decision-making authority and the ability to bring in his own people,” said a source.
• The agreed-upon value of the club is around $400 million.
• Wang’s advisers told Barroway’s group more than a month ago that Wang would like to complete a deal with Barroway this summer.
more on the Islanders and other hockey topics...
from Eric Duhatschek of the Globe and Mail,
Okay, let’s play Islanders general manager for a while because, hey, everybody else is doing it too right? They have huge amounts of salary-cap space, so anything is possible, as long as you’re prepared to cajole players into coming.
Even the guys they’ve got signed – such as John Tavares – are on reasonable deals ($5.5-million through 2017-18 – tip of the cap to Garth Snow for that one). They also have two more years of Kyle Okposo at $2.8-million.
So after Thomas Vanek played so badly in Montreal and Minnesota’s interest in him is waning, why wouldn’t the Islanders circle back to Vanek and make him an offer on July 1? Bet they could outbid anybody for his services – and they might not even have to offer that seven-year, $50-million deal that he turned down.
The Islanders could sign Vanek, bid for Matt Moulson (who liked it there and might consider a return, because his options might be limited as well) and bring back them both back. Put it this way: Without a first-round pick in 2015, which they gave up to get Vanek in the first place, the Islanders better make the playoffs. As they are currently constituted, they have no chance. With Vanek and Moulson in the lineup, they might.
more topic including the Jason Spezza situation...
SAN JOSE - San Jose Sharks general manager Doug Wilson announced today that the team has acquired a conditional fifth-round draft selection in the 2015 NHL Draft from the New York Islanders in exchange for defenseman Dan Boyle. If Boyle re-signs with New York prior to the start of the 2014-15 regular season, the draft pick becomes a fourth-round selection in the 2015 NHL Draft.
Boyle, 37, recorded 36 points (12-24=36) and 32 penalty minutes in 75 games played in 2013-14. The Ottawa, Ontario, native tallied 269 points (68-201=269) and 305 penalty minutes in 431 games played with San Jose. He leaves ranking first amongst franchise defensemen in goals, assists and points.
from Eric Duhatschek of the Globe and Mail,
Even knowing their history, the Islanders rolled the dice again in a meaningful way this past week. With the rest of the hockey world distracted by the NHL playoffs, the Islanders notified the Buffalo Sabres that they would use their first-round pick, fifth overall, in the 2014 entry draft and defer until 2015 transferring the first-round they owe them in the Thomas Vanek deal. The Islanders scout players like the rest of the league, so they are aware that not one but potentially two generational players could be up for grabs in 2015 – Connor McDavid of the Erie Otters and Jack Eichel of the U.S. under-18 national development team.
It is the sort of draft that only comes along once in a while, one that can shift the fortunes of a franchise in one fell swoop, one that gets general managers dreaming about ping pong balls and the luck of the lottery draw.
And now, assuming they stay bad for at least one more year, the Sabres will get two cracks at McDavid and Eichel – and wouldn’t it be something if they ended up with both? Hockey in Western New York might never be the same.
The Islanders, meanwhile, are gambling that the return to health of John Tavares and the decision to sign goaltender Jaroslav Halak to a four-year contract, thus stabilizing a woefully erratic position, will make them a playoff team - or if not a playoff team, close enough that the chances of winning the draft lottery and moving into a top-two position are negligible.
more plus other hockey topics like the Washington Capitals and Jeff Carter...
from Arthur Staple of Newsday,
Jack Capuano said he wants to see a little more effort from the few veterans still left on the active roster for Sunday's season finale here.
"I would hope they're aware," Capuano said of the evaluations he, his coaching staff and general manager Garth Snow are performing on what remains of the team that muddled through this lottery-bound season. "I would hope they know they're still being watched closely, because obviously this season wasn't good enough."
So who will still be an Islander when the team convenes in September for the 2014-15 season? Who is on the bubble? Here are educated analysis/guesses on what the team may look like next season:
As long as Charles Wang controls the Islanders, Garth Snow is his man as general manager. Despite the negotiations of late -- and it’s believed that Wang is hoping for other suitors besides Philadelphia wealth manager Andrew Barroway to be involved- - nothing seems imminent, so Snow isn’t going anywhere.
from Josh Kosman and Larry Brooks of the New York Post,
The New York Islanders’ latest effort to find a buyer is getting a lift from the team’s new landlord in Brooklyn.
Owner Charles Wang is in talks to sell the money-losing NHL franchise to Philadelphia lawyer Andrew Barroway for $225 million, plus another $75 million if the Islanders hit certain revenue targets, The Post has learned.
While Wang has been open to a sale for several years, there has been limited interest in a team that lost more than $10 million in a single season and has among the lowest attendance in the league.
But this time could be different because of a revenue guarantee from Barclays Center, where the Islanders are set to start playing in 2015. In October 2012, the Islanders inked a long-term deal to move the team from Nassau County to Brooklyn.
via the New York Islanders,
New York Islanders Owner, Charles Wang statement regarding recent reports of selling his majority stakes in the franchise.
In recent months, there have been numerous expressions of interest in the purchase of the New York Islanders. As I have consistently stated, I have been and remain willing to listen. However, potential buyers expressions of interest in the team or even my listening to them does not mean that any deal will be reached.
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.
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