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Agreement Reached Between Derek Stepan And The New York Rangers

 

added 10:00am,

 

 

New York Rangers release is below...

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  Tags: derek+stepan

Derek Stepan Goes To Arbitration Today

from Brett Cyrgalis of the New York Post,

So it’s going to come down to the wire with Derek Stepan and the Rangers, as the first-line center had not yet reached a contract agreement as of Sunday evening and his arbitration hearing is set for Monday in Toronto.

The Post has learned the 25-year-old restricted free agent is going into the hearing asking for $7.25 million and the club is offering $5.2 million, both on a one-year deal. With the independent arbiter able to pick any value of his choosing — a different process than the “pick-one” used in other sports — that would leave the middle ground of $6.225 million, a seemingly reasonable evaluation. The one-year deal and manageable salary would also make Stepan easy to trade if the Rangers find themselves as sellers come the deadline.

The team is pressed up near the $71.4 million ceiling of the salary cap, with 21 players signed and about $7.35 million remaining without Stepan.

continued

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Alex Chiasson Arbitration Ruling Has Been Made

 

Chiasson was asking for $2.475M while the team offered $1M.

added 7:31am, Ottawa press release is below...

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Can The Arizona Coyotes Afford To Move To Phoenix If Need Be?

from Dan Bickley of azcentral,

Robert Sarver believes in the future of basketball and soccer. He's not so certain about hockey in Arizona. His viewpoint will be very important in the coming years.

Don't get him wrong. He's not against the idea. The Suns majority owner says he'd have no problems sharing a multipurpose facility with the Coyotes somewhere down the road. But he's a very successful businessman who didn't get rich buying into pipe dreams, and there are some numbers you might not know.

Sarver says his Suns pay $23 million a year just to play at US Airways Center: $12 million in debt service, $8 million in arena management costs and $3 million in rent. A new arena capable of housing a NBA team and a NHL franchise starts at $500 million, and that's being conservative.

There will be contentious fighting over the levels of public subsidy, guaranteed. Sarver and his people have already studied that subject extensively, from construction tabs to political costs to emotional scars left behind. At the end of it all, it's going to take a partnership and a lot of upfront money to make any new stadium a reality.

After living under sweetheart terms in Glendale, can the Coyotes afford that kind of high-rent neighborhood?

continued

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The Big-Spending Columbus Blue Jackets

from Michael Arace of the Columbus Dispatch,

The Blue Jackets are the chic midsummer pick to leap the pack in the Eastern Conference. They ought to be. Expensive teams that are not the Philadelphia Flyers look good on paper, especially in July. And the Jackets are expensive.

The salary-cap ceiling for 2015-16 is $71.4 million. According to NHLnumbers.com, the Jackets have but $3.6 million in remaining cap space — and most of that is set aside as a “bonus cushion” (in case, say, Ryan Murray activates some bonus clauses in his entry-level contract).

In fact, the Jackets are one of the seven most expensive teams in the league. That might change as other teams fill out their rosters, but the bottom line is the Jackets’ bottom line. They are no longer a budget team. They have spent just about as much as any team can spend. We are not accustomed to this, not in our market.

So, Jackets fans ought to doff their cap to majority owner John P. McConnell. Whatever else one might say about the man, he has been willing to spend on talent. That is all one can ask of an owner. The rest is on management and on the players.

continued

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Lou Lamoriello’s Way

from Tony Gallagher of the Vancouver Province,

... with the coach Mike Babcock already hired and not the least bit intimidated about what the GM may or may not say or want to do and Brendan Shanahan evidently making the real calls in the organization, you have to wonder as to how effective he’ll be. After all, when he was in Jersey he was pretty much all powerful. What he said was law until the final days of his time there. In this case, it’s Babcock who holds all the power when it comes to running the team.

Lamoriello’s peculiar dictates ran the Devils and it made life miserable for many, which is why most players tried to get out of New Jersey as quickly as possible with the exception of lifers like Patrick Elias, Martin Brodeur and Ken Daneyko.

Who can forget Igor Larionov telling the story of how, at age 42, when he was finishing his career, he wasn’t supposed to have a glass of wine with his dinner the night before the game. And, as we know now given his involement in Napa, Iggy understandably took wine very seriously.

In the team pictures taken in civilian clothes, everyone had to wear the same color shirt and tie. Members of the media were not allowed to go into any of the coaches’ offices, even if invited, which they most assuredly were not but only because of Lou’s dictates. No player was allowed facial hair as he obviously considered them far too immature to be able to make their own personal choices.

Legend had it he had security cameras installed in the hallway so he could tell which player was talking with which reporter at all times.

more

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  Tags: lou+lamoriello

Best GM/Coach Combinations

from Steve Simmons of the Toronto Sun,

Who has the best general manager-coach combination in hockey?

The question seemed appropriate in the wake of the Leafs stunning hiring of Lamoriello.

Before this summer, I would have put the combination of Ken Holland and Mike Babcock at the top of any list. But with Babcock gone and Jeff Blashill about to coach his first NHL game, it’s impossible to speculate where they rank.

The Stan Bowman-Joel Quenneville combination in Chicago is certainly strong and at times contentious. The Dean Lombardi-Darryl Sutter duo in Los Angeles, coming off a dreadful season in so many ways, still has two Stanley Cups to their names. The next in line for a Cup is the Steve Yzerman-Jon Cooper tag team in Tampa Bay. Others that impress: Doug Armstrong and Ken Hitchcock in St. Louis; Peter Chiarelli and Todd McLellan in Edmonton; Jim Nill and Lindy Ruff in Dallas; Bob Murray and Bruce Boudreau in Anaheim.

The easiest to ignore: Jim Benning and Willie Desjardins in Vancouver; Ron Francis and Bill Peters in Carolina; Jim Rutherford and Mike Johnston in Pittsburgh.

continue for more hockey Leafs talk...

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Shootout Talk From Gary Bettman

from Amalie Benjamin of the Boston Globe,

Though the NHL is willing to do its best to cut down on shootouts — enter the five minutes of three-on-three overtime that will kick off next season — the shootouts themselves remain non-negotiable, according to Gary Bettman. As he said, “I think to the extent some people wanted to see fewer shootouts, this will get us there, and that’s fine. The shootout isn’t going anywhere. You go to a building during a shootout, everybody’s on their feet, nobody is leaving, which is what it was designed to do. It’s exciting, it’s fun, it’s entertaining, and so if we’re going to try and reduce the number of shootouts, this may do it.”

Despite the anecdotal evidence — the legions of fans (and media, and GMs) that are vocally anti-shootout — Bettman pointed to fan research that says “overwhelmingly fans like it.” He added, “I think you see some people in the hockey community say they’d rather see fewer shootouts, but this is a sport that had ties for so many years and nobody liked that. And we’re not in the position in the regular season for a whole host of reasons to play games to the end in sudden death the way we do in the playoffs.” If nothing else, three-on-three should be a boon for the Bruins, who certainly would rather see any other way of deciding a game than the shootout.

more topics including expansion talk from Gary Bettman, the Leafs and more...

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A Six-Year Contract Extension For Adam Larsson In New Jersey

via an email from the New Jersey Devils,

The New Jersey Devils today re-signed defenseman Adam Larsson to a six-year contract with an average annual value of $4,166,666.67. The salary breakdown is as follows: 2015-16: $2,500,000; 2016-17: $3,000,000; 2017-18: $4,500,000; 2018-19: $4,850,000; 2019-20: $5,050,000;  and 2020-21: $5,100,000. The announcement was made by Devils’ General Manager Ray Shero.

added 3:21pm, Press release is below...

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  Tags: adam+larsson

Arbitration Numbers For Derek Stepan

Stepan's arbitration hearing is schedule for Monday, July 27th.

 

Filed in: NHL Teams, New York Rangers, | KK Hockey | Permalink
  Tags: derek+stepan

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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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