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Sale Rumors Will Only Get Stronger Regarding The Carolina Hurricanes

from Luke DeCock of the News & Observer,

Thursday morning on his radio show, Dan Patrick claimed that “a financial person who’s involved in this” told him the NHL would have a team in Las Vegas by 2016. He further claimed the Carolina Hurricanes were one of two teams that could move there.

“I guess he’s asking an exorbitant price for his team,” Patrick said, after initially identifying Hurricanes owner Peter Karmanos as the owner of the Nashville Predators. “That’s also a possibility from what I’m told. They could relocate as well.”

Patrick is probably right about the first part. Expansion, to Las Vegas and beyond, appears inevitable. As for the second, just consider this kind of talk the price of five straight seasons without a playoff appearance. As ticket sales and corporate sponsorships dwindle, as Karmanos sells off chunks of the team to local investors, these kinds of rumors will only intensify.

But Karmanos is getting more involved with the Hurricanes, not less, even as he continues to seek investors.

continued
 

Filed in: NHL Teams, Carolina Hurricanes, | KK Hockey | Permalink
 

Comments

Down River Dan's avatar

Expansion, to Las Vegas and beyond, appears inevitable.

Moving teams from failing markets is not technically expansion…....more like rearranging deck chairs on the titanic….....

Also, just exactly where is ” beyond” ??.......oh, yeah!...Canada!! 

rolleyes

Posted by Down River Dan on 08/28/14 at 07:05 PM ET

Alan's avatar

Moving teams from failing markets is not technically expansion

Can we actually call moving the Canes or Preds (the two teams named in the article) “moving a team from a failing market”? How exactly has the market failed? Of all the recent moves (1990-Present), only the move from Atlanta could even remotely be considered moving a team from a failing market, and that’s only if people choose to ignore all the other factors going on at that time.

It would not surprise me at all to learn that Las Vegas is getting a team. What needs to be determined is whether or not there is a greater potential for success in the city of sin as opposed to the research triangle or music city. As we’ve seen and read over the past few months, Vegas is probably not the best idea for any professional sporting franchise. That goes beyond just plain logic and directly into the words that local residents and reporters have spoken or written.

Posted by Alan from Atlanta on 08/28/14 at 07:33 PM ET

shazam88's avatar

^^ Just to be clear, I was listening to the show and Patrick just messed up team names when he said the Preds. It is not actually rumored to be in play, afaict.

Posted by shazam88 from SoCal on 08/28/14 at 07:39 PM ET

SYF's avatar

I get a general feeling that Canes fans don’t trust Luke DeCock’s articles.

At all.  Ever.

Posted by SYF from Alana Blanchard's Bikinis and Surfboards on 08/28/14 at 09:10 PM ET

Primis's avatar

Karamanos isn’t selling until Mike Illitch has passed.

Once Illitch is gone…. then he might find himself doing so.  But you talk about an owner that desperately has chased the shadow of another owner… I’m surprised Karamanos hasn’t tried to buy an MLB club too in all of this, to compete against Illitch’s Tigers.


Carolina isn’t leaving Raleigh.  They’re not one of the at-risk markets right now.  Honestly Nashville isn’t either.

Florida, New Jersey, and Columbus absolutely still are.  Possibly Ottawa too once Melnyk runs out of “creative” financial ideas.  And possibly Winnipeg, who’s going to discover that a max capacity of 15,000 may still barely be ok when they’re still selling out for now… but not so much if they start to dip below that small capacity.

Posted by Primis on 08/28/14 at 09:47 PM ET

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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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