Kukla's Korner Hockey
by Paul on 09/29/13 at 10:06 AM ET
from Jeremy Rutherford of the St. Louis Post-Dispatch,
After taking over in May 2012, Stillman has been busy trimming off-ice expenses and authorizing the signing of several hefty player contracts. In all, 14 extensions have been granted, totaling 39 years and nearly $150 million.
Blues general manager Doug Armstrong recently called the financial commitment of the new ownership “seismic.”
“You go to these press conferences when there’s an ownership change, and there’s a lot of patting on the back and a lot of rhetoric saying ‘We want to win,’” Armstrong said. “The way they showed it is with their wallet.”
Entering the 2013-14 season, the Blues rank No. 8 in the NHL with a team payroll of $62.3 million. It’s a jump of more than $10 million from last season’s mark of $52.2 million, which ranked No. 29 in the league. No club can claim a sharper rise.
“We’re in this year with the top-paying teams,” Armstrong said. “One of the excuses that we don’t like is that we couldn’t afford to win a Stanley Cup, we can’t afford to compete. That’s been erased.”
Be the first to comment.
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Most Recent Blog Posts
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 firstname.lastname@example.org