Kukla's Korner Hockey
from Sarah McLellan of the Arizona Republic,
Smith is the team’s top unrestricted free agent, and he’ll be the most coveted goalie July 5 when the free-agent market opens for business. After only two seasons as a No. 1, Smith has made it clear he considers himself among the elite of the position and expects a salary to match.
And if the Coyotes let him reach free agency, it’s very likely another team will meet Smith’s monetary expectations. He’s enjoyed recent playoff success, has a likeable personality and is the star attraction in a shallow goalie market....
“I’m not gonna be selfish with this whole situation and demand this stupid contract that we’re not going to be able to build a team around,” Smith said. “I believe you don’t put all your eggs in one basket. There’s good players that make a lot of money, and I think I deserve a fair contract. By any means I’m not expecting to hit a home run.”
A hometown discount, it seems, is a possibility, but Smith needs other assurances before agreeing to stick with the Coyotes.
“The biggest part about me signing back here will be: Is the ownership group coming in, is this going to be a place that free agents are going to want to come and play and are they going to spend the money to make this a better team on an every-year basis?” Smith said. “I think that’s the most intriguing piece of the puzzle.”
from Mike Ozanian of Forbes,
The Coyotes are on the verge of being sold to Renaissance Sports & Entertainment, a group headed by George Gosbee, Anthony LeBlanc and Daryl Jones, pending a new lease at Jobing.com arena that will require the city of Glendale to pay them a substantial fee to run the arena.
A source close to the negotiations, who traded candor for anonymity, revealed the purchase price as $170 million. The capital structurewould consist of RS&E putting in $45 million of equity, Fortress Investment Group lending $120 million (to be repaid by the fee Glendale taxpayers are going to pay the team to run the arena), and an $85 million loan from the NHL.
GLENDALE, ARIZONA --- The Phoenix Coyotes announced today that Executive Vice President and General Manager Don Maloney has signed a long-term contract extension. As per club policy, terms of the contract were not disclosed.
"We are very pleased that Don has agreed to sign a long-term contract extension with the Coyotes," said NHL Deputy Commissioner Bill Daly. "Since joining the team in 2007, Don has done an outstanding job managing his team and building a competitive roster that has produced on the ice, even given less than ideal circumstances off the ice. The NHL remains committed to securing the Coyotes' future in Glendale under new ownership, and we believe Don's long-term agreement evidences that he is equally committed."
from Mike Chambers of All Things Avs,
Phoenix Coyotes coach Dave Tippett, whose contract with the troubled team expires June 30, is currently in Europe, serving as an assistant coach for Canada at the World Championship, and probably wondering where he will coach in the NHL next season.
The Avalanche has got to be an option, particularly when Canadian centers Matt Duchene and Ryan O’Reilly of the Avs serve as constant reminders that Colorado has a solid young team and is in need of a coach.
In my mind – and others who I have discussed it with – Tippett would be a home-run hire for the Avalanche.
from Dan Bickley at azcentral,
Word is, the investor group has raised $240 million, which is $70 million more than the asking price. It’s willing to absorb $40 million in losses over the first four years of a 15-year deal. It will be seeking an out clause if the economics haven’t changed for the better, likely after five years.
It’s committed to re-signing Don Maloney and Dave Tippett, arguably the best general manager/coach tandem in the NHL.
That’s the good news.
The trick will be if Glendale can reach a lease agreement deal that works for everyone. The city understands the importance of the Coyotes to Westgate, the future of Jobing.com Arena and the Valley’s image as a big-league market featuring all four major professional sports. But it will not bend like it did for Greg Jamison, who would’ve received $308 million over 20 years.
more including Bettman and Daly will be in Phoenix tomorrow...
from Bruce Garrioch of the Ottawa Sun,
- Goalie Mike Smith, a UFA on July 5, is seeking $6 million per-season and has refused to sign a contract with the Coyotes. The decision by Detroit's Jimmy Howard to stay in Motown for a long-term deal means Smith will be one of the most valuable commodoties on the market. He'd be an option for the Flyers if they decide to buyout Ilya Bryzgalov. Another UFA teams will keep an eye on: Chicago goalie Ray Emery.
- Speaking of Bryzgalov, there's an internal debate going on in the Flyers front office about what to do with him next. The belief is owner Ed Snider thinks the Flyers need to give Bryzgalov another season and if it doesn't work out then the club can exercise its buyout next spring. There are some in management who have seen enough and have decided it's time to move on. Should be an interesting off-season.
from Mike Sunnucks of the Phoenix Business Journal,
Coyotes COO Mike Nealy voiced confidence the franchise would be back in Glendale next season.
“This is a hockey town. You guys make it a hockey town,” said an emotional Nealy during the first period of the game. “The NHL belongs here. See you next year.”
Still, the Coyotes were selling all merchandise at arena shops for 40 percent off and have let their in-store stock of jerseys run out. Arena ushers, staff and fans were all wondering whether it is the last game for this year’s NHL season or the end of the franchise’s tenure in Arizona.
The team does have season ticket prices listed for the 2013-14 season if the team stays in Phoenix.
So what happens next?
In 2011, the Atlanta Thrashers were sold on May 31 to a group that moved the team over the summer to Winnipeg. That sale came just as the Stanley Cup Finals started. It also gave the group time to gear up operations in Winnipeg and for the league to get its schedule for the next season in order. Atlanta also lost a franchise to Calgary in 1980.
Dan Hamhuis gets credit for the goal.
If you want more of the Phoenix talk, Cotsonika now has an article up on it at Yahoo.
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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