Kukla's Korner

New York Islanders Announce Group Has Purchased A Minority Interest In The Team

Blog: KK Hockey By Paul

UNIONDALE, NY (August 19, 2014) – The New York Islanders announced today that a group led by former Washington Capitals co-owner Jon Ledecky and London based investor Scott Malkin has reached a definitive agreement, subject to NHL approval, to purchase a substantial minority interest in the team. Under the terms of the agreement, Charles Wang will continue as majority shareholder and Governor of the Islanders, with the Ledecky/Malkin group transitioning to majority owner in two years.

“We are pleased to have the opportunity to become partners in the New York Islanders with Charles, and to pursue our shared dream of winning a fifth Stanley Cup for the greatest fans in the NHL,” Mr. Ledecky said.

“I’m thrilled that Jon and Scott have agreed to join me as we start the Islanders’ final year at Nassau Veterans Memorial Coliseum,” Mr. Wang said. “I look forward to a long and successful partnership.”

There will be no further comment until the NHL completes its franchise ownership transfer process.

 

added 1:49pm, from Arthur Staple of Newsday,

Charles Wang has agreed to sell a minority stake in the Islanders to Jonathan Ledecky, a former co-owner of the Capitals, and investor Scott Malkin, according to a high-ranking NHL source. Ledecky and Malkin will assume majority control of the team in two years.

continued

Filed in: NHL Teams, New York Islanders, | KK Hockey | Permalink
 

Hold your horses regarding the Bertuzzi-Moore settlement reports

Blog: The Malik Report By George Malik

Big update: Via Paul and the CBC's Michael Drapack:

Less than three weeks from the start of what could have been a lengthy civil trial and after eight years of litigation, former Colorado Avalanche centre Steve Moore has reached a settlement with Todd Bertuzzi and the Vancouver Canucks.

Geoff Adair, a lawyer for Bertuzzi, confirmed the case has been "settled in its totality" but said the terms are confidential.

"We are pleased that the resolution of this matter allows the parties to turn the page and look to the future," NHL deputy commissioner Bill Daly.​"

Moore had been seeking $68 million in damages, and the civil lawsuit was scheduled to begin on Sept. 8, which originally was filed in 2006.

"We are pleased that the resolution of this matter allows the parties to turn the page and look to the future," NHL deputy commissioner Bill Daly said in an email.​

Every time I've posted an entry about it, TMR readers have said that it's "not news" they're interested in, but Paul noted that there's a report that Todd Bertuzzi's lawyers and Steve Moore's lawyers have reached an out-of-court settlement, CBS Sports, Pro Hockey Talk, the Detroit Free Press, Detroit News, MLive, Michigan Hockey, WDIV, the Denver Post, the Toronto Sun and Toronto Star are all running with it, but TSN's Rick Westhead's Tweeting news that suggests one should not count chickens before they hatch (as is Sportsnet):

Continue Reading »

Filed in: | The Malik Report | Permalink
 

Report- Charles Wang Reaches Agreement To Sell The New York Islanders

Blog: KK Hockey By Paul

Filed in: NHL Teams, New York Islanders, | KK Hockey | Permalink
 

Report- MLSE President/CEO Tim Leiweke Moving On Soon

Blog: KK Hockey By Paul

via Elliotte Friedman tweets,

Hearing MLSE president/CEO Tim Leiweke will be leaving the company soon.

Not sure of where he's going, but hearing the reason is he is looking for a new challenge.

added 1:01pm,

 

Filed in: NHL Teams, Toronto Maple Leafs, | KK Hockey | Permalink
  Tags: tim+leiweke

Morning Line

Blog: KK Hockey By Paul

"I think they’re one of the strongest built teams in the league. With them, they have amazing star power surrounded with good quality core players. The addition of Brad Richards coming over there as a role player who can help on the power play and be a good leader, brings another experienced guy into a locker room of winners."

"I think team has done a very good job of putting together the pieces and with Kane and Toews signing these mega-deals they’ll be playing with so much confidence. There’s no competition between the two. They are both top five players getting paid like it and it shows the loyalty that the Blackhawks have become known for and [for] building championships." 

-Jeremy Roenick on the Chicago Blackhawks.  More from Katie Strang of ESPN.

Filed in: NHL Teams, Chicago Blackhawks, | KK Hockey | Permalink
  Tags: jeremy+roenick

Report- Settlement Reached In Moore/Bertuzzi Case

Blog: KK Hockey By Paul

via CBC,

Less than three weeks from the start of a lengthy civil trial and after eight years of litigation, former Colorado Avalanche Steve Moore has reached a settlement with Todd Bertuzzi and the Vancouver Canucks, according to media reports.

Details of the settlement are not available, but Moore's lawyer, Tim Danson, confirmed an offer has been made and agreed to.

Moore’s had been seeking $68 million in damages, and the civil lawsuit was scheduled to begin on Sept. 8.

 

added 12:26pm,

 

Filed in: NHL Teams, Colorado Avalanche, Vancouver Canucks, NHL Talk, | KK Hockey | Permalink
  Tags: steve+moore, todd+bertuzzi

Ryan Malone Pleads No Contest To DUI Charges

Blog: KK Hockey By Paul

via Joe Smith of the Tampa Bay Times,

Former Tampa Bay Lightning wing Ryan Malone pled no contest to a DUI charge in court Tuesday morning.

He will enter a pretrial intervention program related to a drug charge.

With the pretrial intervention program, Malone's charge of cocaine possession will be dismissed if he completes the requirements.

Malone, 34, was pulled over April 11 after he struck a curb on W Platt Street in Tampa. Police found a plastic bag with 1.3 grams of cocaine in his pocket, but Malone told them he didn't know where it came from, according to court documents.

Malone's contract was bought out by the Lightning in June, making him an unrestricted free agent.

Filed in: NHL Talk, | KK Hockey | Permalink
  Tags: ryan+malone

Brian Gionta Excited About Playing In Buffalo

Blog: KK Hockey By Paul

from Time Warner Cable News Buffalo,

Brian Gionta was back on home turf Monday night, signing autographs at Frontier Field one month after signing a three-year contract with the Buffalo Sabres.

After more than 17 years away from home, the Greece native is glad to be back playing hockey in his neck of the woods.

"We’re excited about it,” Gionta said. “It’s something we’ve been trying to do for quite some time. We love the area. We spend time here during the summers. My wife and I are both from here so to be back closer to home, closer to family and friends, it’s special to us.”

continued

Filed in: NHL Teams, Buffalo Sabres, | KK Hockey | Permalink
  Tags: brian+gionta

Red Wings overnight report: On Alfredsson, charitable softball/hockey news and MSU pro camp stuff

Blog: The Malik Report By George Malik

Updated substantially at 6:50 AM: The news that Red Wings GM Ken Holland is more than ready to give Daniel Alfredsson a try-out contract should his back hold up over the next month sparked a significant amount of discussion among Wings fans...

But said discussion involved debate as to whether Anthony Mantha's going to get a fair chance to make the team given Alfredsson's possible presence--should he "earn his spot" despite posting 19 goals and 48 points--and Daniel Cleary's status as a signed player who very few fans or bloggers believe will be anything less than a part of the roster, perhaps at Mantha, Mitch Callahan, Landon Ferraro or even Tomas Jurco's expense, come October.

The Free Press's Helene St. James duly notes that the Wings' cap situation (Capgeek estimates that the Wings have $5.27 million in cap space with Danny DeKeyser remaining unsigned as a restricted free agent) will necessitate that a healthy Alfredsson would command a low base salary, but we know that he's coming back to live in Detroit regardless of whether he plays hockey for this upcoming season, and his "fit" was pretty damn good:

Continue Reading »

Filed in: | The Malik Report | Permalink
 

NHL’s ‘30 in 30’ series: Kyle Turris expected to establish himself as scorer, leader for Senators

Blog: KK Hockey By George Malik

NHL.com's "30 in 30" series examines the Ottawa Senators today, and instead of using potential captain and defenseman Erik Karlsson as its focal point, NHL.com's examination of the Senators' roster, top prospects and the "5 Questions" the team faces slowly but surely navigate toward another key player in center Kyle Turris.

The 25-year-old and former 3rd overall draft pick (by Phoenix, in 2007) tells NHL.com's Sean Farrell that he's ready to step up after the team traded Jason Spezza to the Dallas Stars...

"It was something I kind of got to experience two years ago when Spezza was hurt," Turris told NHL.com. "I definitely learned a lot from it. It was a lot more difficult playing against the top [defense] pairings and getting the checking lines every time you go out, but that year I feel was kind of up and down, where I'd have a good couple of games and then a bad couple of games.

"I feel like I'm much more prepared for that kind of role now having gone through that experience and I'll definitely know a bit more of what to expect. I tried to apply that into my game last year even though it was obviously a bit different of a role. But I feel like I'm more prepared, I'm more experienced and I'm more ready and able for that challenge."

And Senators coach Paul MacLean suggests that Turris is poised to assume a leadership role:

Continue Reading »

Filed in: | KK Hockey | Permalink
  Tags: david+legwand, kyle+turris, ottawa+senators, paul+maclean

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