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Category: St-Louis-Blues

Blues Still Looking For An Investor

from Jeremy Rutherford of the St. Louis Post-Dispatch,

It has been more than three months since TowerBrook Capital Partners announced it would divest its investment in the Blues, a major move considering the private-equity firm holds as much as a 75 percent stake in the club.

TowerBrook has indicated it will postpone divesting until Blues owner Dave Checketts can find a replacement, allowing the club some immediate security. But as the team prepares for next month’s training camp, its long-term financial future seems uncertain until a new investor can be found….

“It’s not healthy in the NHL right now,” said Jim Lites, former president of the Dallas Stars and now president of the Hicks Sports Marketing Group, which is owned by Stars and Texas Rangers owner Tom Hicks. “I just think it’s a tough economic model. We’re spending 55-56 percent of our revenue on player payroll, and that makes it a tough go, particularly in the small- and medium-size U.S. markets.

“We’re depending so much on the ticket and arena revenue to drive the business. Do the math ... it’s really difficult. The business is different in Calgary and Montreal, let alone Toronto, than in St. Louis and Dallas, where we have to chase paid bodies into the building. The economics have to change, and for Dave (Checketts), that’s something you have to rely upon.”

more

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
 

Hull In Stone

from Jeremy Rutherford of the St. Louis Post-Dispatch,

Blues Hall of Famers Bernie Federko and Al MacInnis will have some company in front of Scottrade Center in October.

The club announced today that a third statue, honoring legendary Blues goal-scorer Brett Hull, will be unveiled prior to the team’s season opener Oct. 9.

continued

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: brett+hull

Cam Janssen Talks Baseball Brawls

from Jeremy Rutherford of the St. Louis Post-Dispatch,

“To me, it’s pretty scary when you’ve got guys hitting you from behind and there’s 40 guys out there throwing punches and you’re not looking,” Janssen said. “You get blind-sided and all of the sudden you’re down in the pile getting kicked in the face. It’s a scary thing, but sometimes it’s kind of humorous when you see some of those guys try to throw punches.”

Comments made by Cincinnati’s Brandon Phillips, calling the Cardinals a bunch of whiners, is what instigated Tuesday’s fight. One day after Phillips’ comments, Cards catcher Yadier Molina objected to Phillips giving him a friendly tap on the shin pads, and that’s when the dugouts emptied.

“That was great that Yadi did that,” Janssen said. “He’s not going to take that from him, and why would he? The Cardinals are a great organization. They’ve got a great team, and they’re classy. If someone was calling the Blues that, there would be hell to pay when they to Scottrade Center, I’ll tell you that.”

read on

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: cam+janssen

All David Backes

from Craig Custance of The Sporting News,

SN: From here, it looks like St. Louis has plenty of cap space and a team ready for a big free-agent addition. Are you disappointed by the lack of big moves from the front office this summer?

DB: I think they’re being smart about it. You don’t necessarily want to spend all your money and commit to long-term contracts to someone looking for the highest bidder. … We’re not spending to the cap but now we’ve got that room to add a few other trinkets to the puzzle in the season that other teams don’t have.

more

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: david+backes

Erik Johnson Agrees To Contract With The Blues

from Jeremy Rutherford of the St. Louis Post-Dispatch,

Blues defenseman Erik Johnson has agreed to a two-year contract extension with the club, a source has told the Post-Dispatch.

Financial terms of the deal weren’t immediately available.

An announcement on Johnson’s extension could be made by the club later today.

Johnson, 22, had been a restricted free agent who was not allowed to receive offer sheets because he missed the entire 2008-09 season with a knee injury.

continued

added 11:39am,

ST. LOUIS – St. Louis Blues Executive Vice President and General Manager Doug Armstrong announced today the club has re-signed defenseman Erik Johnson to a two-year contract.

  “We’re excited that we have reached a deal with Erik and now we can put our focus on the upcoming season,” said Armstrong.  “Erik is a key contributor to the group and we are confident he will build on the success he had in the 2009-10 season.”

 

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: erik+johnson

Blues/Capitals Minor Trade

from Tarik El-Bashir of Capitals Insider,

The Caps added some toughness to their lineup this afternoon, acquiring rugged right wing D.J. King from St. Louis in exchange for a prospect Stefan Della Rovere.

The Caps have yet to confirm the deal.

The 26-year-old King signed a two-year extension with the Blues prior to being traded.

continued

Filed in: NHL Teams, St. Louis Blues, Washington Capitals, | KK Hockey | Permalink
 

Blues Sign Perron

via Jeremy Rutherford tweet,

David Perron has signed a two-year, 4.3 million extension with Blues. He will be paid 1.8 and 2.5 next 2 yrs.

added 1:34pm,

ST. LOUIS – St. Louis Blues Executive Vice President and General Manager Doug Armstrong announced today the club has re-signed forward David Perron to a two-year contract.

“David has proven to be a key forward on our club and we look forward to his continued development with us,” said Armstrong.  “We are expecting David to grow into a complete player at this level.”

“I love playing in St. Louis and if front of our fans,” said Perron.  “For the past three seasons they have treated me great and I can’t wait for the season to start.”

 

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: david+perron

Blues Extend T.J. Hensick

ST. LOUIS – St. Louis Blues Executive Vice President and General Manager Doug Armstrong announced today the club has signed forward T.J. Hensick to a one-year contract extension.

Hensick, 24, played in seven games for Colorado last season, recording three points including a goal and two assists.  In addition, he played in 58 games last season for Lake Erie of the AHL, scoring 20 goals and adding 50 assists for 70 points. In 2008-09 he played in 61 games for the Avalanche and recorded 21 points (4g, 17a).

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: t.j.+hensick

Evening Line

“The teams that are talking (trade) the most are trying to create a market I’m not really sure is there.”

-Blues GM Doug Armstrong via a Hockey News tweet.

Filed in: NHL Teams, St. Louis Blues, | KK Hockey | Permalink
  Tags: doug+armstrong

Morning Line

“I don’t know why you had to trade him eight days before the NHL entry draft. I wasn’t shocked he was traded, what shocked me was he was traded eight days before the entry draft, before everybody could get hot and heavy, having his name filtered out there. There were no rumours at all ... I mean there was nothing. There was never even an attempt to create a marketplace for him.

“If the Canadiens think that was the best deal they could have got for Jaroslav Halak, I would beg to differ, and I would argue that with them because I know of some teams that were absolutely shocked that he was traded and they didn’t even get a call.”

-Pierre MdGuire.  More on this topic from Stu Cowan of the Montreal Gazette.

Filed in: NHL Teams, Montreal Canadiens, St. Louis Blues, | KK Hockey | Permalink
  Tags: jaroslav+halak

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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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