Kukla's Korner

Kukla's Korner Hockey

Blues Spending Money To Win

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.”

read on

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

Comments

Be the first to comment.

Add a Comment

Please limit embedded image or media size to 575 pixels wide.

Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.

Captchas bug you? Join KK or log in and you won't have to bother.

Smileys

Notify me of follow-up comments?

Feed

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 pk@kuklaskorner.com