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Entries with the tag: expansion

Talking about the expansion draft

From ESPN's Craig Custance's Insider-only blog entry, discussing possible expansion draft rules:

With the expansion fee expected to be $500 million, the belief among GMs is that these will be the strictest expansion draft rules yet, so that Las Vegas or Quebec would immediately be a competitive team and maintain the league’s parity.

There will likely be limits on how much salary a team can protect, and GMs are anticipating that good players will be lost from their rosters.

“I’m assuming the worst,” said a Western Conference GM. “They’re coming in at $500 million. The league is going to give them every advantage they can.”

So a full transactional year is probably the bare minimum GMs need to get in order to do an effective job protecting their most important players.

“If that’s what the rules are, you make them work,” said Penguins GM Jim Rutherford on Sunday. “We’d all like more time, but we’re aware expansion is possibly coming and the commissioner has given us a heads up for a couple years that it could possibly happen. So be prepared for it, it’s not like it’s coming out of the blue.”

Custance continues, and TSN's Bob McKenzie shared the following on Twitter:

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  Tags: expansion

Expansion draft might become a collective bargaining headache

From the New York Post's Larry Brooks:

The next battleground between the NHL and NHLPA — and perhaps the first significant confrontation between the league and union since Owners’ Lockout III was settled — can be expected to be fought over rules of an expansion draft that could be held in June 2017.

There likely are to be myriad issues, but specifically, the PA will insist players with no-move clauses be exempt from exposure to the draft, a source with knowledge of the union’s philosophy told Slap Shots.

The league has not declared its position on the matter, but it is important to note that Article 11.8 (c) of the CBA states: “A no-move clause may prevent the involuntary relocation of a Player whether by Trade, Loan or Waiver claim.”

According to an email correspondence from deputy commissioner Bill Daly, the concept of including expansion draft claim in the no-move clause “was never discussed” in either the 2004-05 or 2012-13 collective bargaining negotiations.

Asked if the NHL would register a contract in which exemption from expansion draft exposure was written into a no-move clause, Daly responded: “There is standard ‘no-move’ language that is contemplated by the CBA. We wouldn’t be inclined to permit a variation of that.”

Brooks continues, and Brooks duly notes that the expansion draft rules are CBA issues--and as such, must be negotiated through collective bargaining...

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  Tags: bill+daly, expansion, nhlpa

Board of Governors receive salary cap update, discuss centennial season & expansion’s…status quo

The NHL's Board of Governors met on Monday, and NHL.com's Dan Rosen reports that the Board of Governors received an estimate as to where the 2016-17 salary cap's upper limit might lie...

The NHL's salary cap for the 2016-17 season could go up approximately $3 million, Commissioner Gary Bettman said Monday at the Board of Governors meeting.

The salary cap for the 2015-16 season is $71.4 million. It increased $2.4 million from 2014-15 to 2015-16.

"We gave them a very, very, very rough projection on what the cap could conceivably be next season, which will be somewhere between where it is now and up $3 million, in that range," Commissioner Bettman said. "That will depend on a variety of factors."

And the Canadian Press's Stephen Whyno reports that the NHL is considering its options for its centennial season...

Plans for the NHL's centennial celebration are ongoing, and Bettman said the NHL had hired former IMG executive producer Steve Mayer as executive vice-president and executive producer, programming and creative development. Even though no announcements were made about what's to come in 2017, Toronto and Montreal are expected to be focal points.

"We think it's important to recognize the 100th anniversary of the league, which happens to be in conjunction with the 375th anniversary of the founding of Montreal, Canada's sesquicentennial and the 125th anniversary of the Stanley Cup," Bettman said. "We're looking forward to that."

But what are the plans regarding expansion? That's harder to determine, as the Associated Press notes:

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  Tags: bill+foley, board+of+governors, expansion, gary+bettman, las+vegas, quebec+city, salary+cap

Bruins’ owner suggests that Board of Governors’ desire for expansion is middling

From ESPN Boston's Joe McDonald:

Jeremy Jacobs, the NHL’s chairman of the board of governors and owner of the Boston Bruins, had some candid remarks Thursday about the possibility of expansion.

Jacobs admitted the expansion process is moving forward after listening to presentations this week from Quebec and Las Vegas, two of the bidders looking to add an NHL franchise.

"There’s a lot of content there. There’s a lot of capability there, but I don’t know if there’s a desire or will within the board of the existing franchises for expansion yet," Jacobs said. "They both made pretty interesting proposals. Both have very legitimate arenas in place and organizations in place. There’s a capacity out there, but I don’t know if there’s a will from a league standpoint."

Jacobs said he feels good about the current status of the 30-team league, and that there was no preconceived notion about expanding to 32.

"I think it’s more important -- what is the best thing for the league as a whole, and what’s the best thing for Boston," he said. "Right now, the 30 teams are pretty good for all of us; talking where we stand today, I feel good about where we are."

Continued

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  Tags: boston+bruins, expansion, jeremy+jacobs

Friedman’s 30 Thoughts: On ‘expansion limbo’

From Sportsnet's Elliotte Friedman:

[A] few things haven’t stopped nagging at me since the commissioner’s afternoon media conference. If you go back to the June announcement explaining the process, Bettman and Deputy Commissioner Bill Daly confidently revealed a defined plan.

Now, we’re in a kind of limbo. No one — aside from Bettman, Daly and a few confidants — really understands where it stands and, more importantly, when (or how) it ends.

The obvious answer is: look, there’s at least $500 million to be made here, so don’t kid yourself. Money talks. But Tuesday’s announcement did create some doubt. In three months, we’ve gone from “Step Right Up!” to “Hold Your Horses.”

Despite that, there are some who privately believe Las Vegas is a slam dunk. I won’t go that far, because anything can happen, so put me into the “I believe it’s going to happen” category. It’s in the west, which is shy two teams right now. It’s bold, it will create major buzz, it’s got an owner who wants to get going already and it’s the anchor tenant in an arena owned by people who know how to stage events. If the NHL doesn’t do it, the NBA eventually will.

No matter the concerns about how many hockey fans are there and who will actually attend the games, I’ll be shocked if they don’t say, “We’re going to try it.”

Friedman continues with "30 Thoughts"...

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  Tags: bill+daly, expansion, gary+bettman, las+vegas

TSN’s Insider Trading segment discusses expansion and trades

Paul noted that ESPN's Pierre LeBrun tossed off a set of "Rumblings" with Olympic ramifications--and, "Lemme tell ya, kids, them Russkies are gonna be furious that the IIHF won't let them revise their rosters until right before the 'Perfect Olympics'"--and LeBrun's comments were made in parallel with TSN's latest epsiode of Insider Trading. LeBrun, Darren Dreger and Bob McKenzie touched on a set of topics that included some bona-fide trade talk and this intriguing topic:

Commissioner Gary Bettman talked about expansion and said nothing was imminent. What is happening?

McKenzie: Bettman said there was no formal process in place but you have to believe there may be an informal process that is in the works. We know the NHL wants to get to 32 teams, the question is when it could happen. The absolute earliest you could add teams to the NHL would be the 2015-2016 season, just less than two years away. The league needs a one-year lead time on that, therefore if anything is happening, it will escalate over the next ten months.

Here are some of the trade rumors mentioned by the panel, and of course, there's more than trade talk in the 4:15 clip and the transcription thereof:

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  Tags: carolina+hurricanes, evander+kane, expansion, gary+bettman, jiri+tlusty, john-michael+liles, tim+gleason, toronto+maple+leafs, tuomo+ruutu, winnipeg+jets

Baltimore a Long Shot for NHL Franchise

From Childs Walker at the Baltimore Sun,

A new arena is a poor risk for Baltimore if the city is counting on attracting an NHL or NBA franchise, sports business experts say, but some agree with city leaders that a proposed 18,500-seat venue could be profitable without such an anchor tenant.

Neither the NBA nor the NHL offers many relocation or expansion prospects, analysts said, and the presence of basketball and hockey teams in Washington make the odds even longer for Baltimore. [...]

NHL spokesman Frank Brown said the league has no plans for expansion or relocation, though several cities have expressed interest. He said questions about the Capitals’ sharing a market with another team are “way too hypothetical for me to answer.

read on

Filed in: NHL Teams, Washington Capitals, NHL Talk, | KK Hockey | Permalink
  Tags: arenas, expansion, frank+brown, nba, nhl

Jim Balsillie Not Giving Up

From CBC,

There is no doubt about it, though: Balsillie wants to own an NHL team.

“I enjoy the pursuit. I do not get frustrated or discouraged. It would be a great thing to do and it may or may not happen. I think the most important thing is that Canada gets another pro hockey team, with or without me. I think the most important thing is to have one or two new markets in Canada.

“There are people who believe I am right and people who believe I am wrong. I have no doubt that Quebec could support a team and I have no doubt that Winnipeg could support a team.”

more…

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Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: expansion, jim+balsillie

Talking Las Vegas

from Bucky Gleason of the Buffalo News,

“I think it’s a very viable location,” Buffalo-based Bruins owner Jeremy Jacobs told the Boston Globe. “I think the league would be interested if the time came when it made itself available.”

Early estimates suggest expansion costs, which were $80 million a few years ago, could soar to $250 million or more. The money would be distributed among the 30 teams, minus the 54 percent for the players, not a bad take. Bettman doesn’t see the gambling issue as a major obstacle because hockey makes up such a small percentage of bets.

“We’re small potatoes on the sports book,” Bettman told reporters in Florida. “If we were going to Vegas, we would have to focus on that issue. But I don’t think it’s nearly the issue for us as it may be for [another league].”

read on plus much more NHL talk…

Filed in: NHL Talk, | KK Hockey | Permalink
  Tags: expansion, las+vegas

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