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FeatureQuick Hits

Morning Hits: Coyotes, Waivers, Sharks and Ryan

Mark Easson 10/03/2014
3 Min Read
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  • Larry Brooks of the NY Post: Andrew Barroway, who has tried to buy the Devils and Islanders in the past two years, is now in advanced talks to by 51 percent of the Arizona Coyotes according to sources. Part of the deal would have him drop his $10 million lawsuit against Islanders owner Charles Wang. IceArizona would keep 49 percent ownership. There is an out clause after five years (after the 2017-18 season) that if the Coyotes franchise has lost over $50 million in five years, the team can get out of their lease. Source saying they lost $24 million last year. A different source has said the group has been looking for investors the past few weeks.
  • Arizona Coyotes:  Statement from the Coyotes:

    “In response to media reports today, the Arizona Coyotes can confirm that IceArizona has been in discussions with an unsolicited potential investor who is interested in joining the partnership. This should be viewed as an incredibly positive development and is due to the successful first year of IceArizona’s ownership. This is all about the long-term stability and viability of the franchise in Arizona. By no means are any members of the current IceArizona group departing the ownership. While there has been no confirmation of any transaction, this is something that the current ownership group is exploring.”

  • David Shoalts: The NHL has a $1.4 billion line of credit that they could allow the Coyotes owners to refinance their crippling debt and sell a share to Andrew Barroway on their terms.
  • Renaud Lavoie: On waivers yesterday: Casey Wellman and Garrett Mitchell (WSH), Davis Drewiske and Gabriel Dumont (MTL), Dana Tyrell (CBJ), Thomas McCollum and Louis-Marc Aubry (DET), Michal Jordan, Rasmus Rissanen and Drew MacIntyre (CAR) and Sena Acolatse (CGY).
  • Elliotte Friedman: The Wild claimed Nate Prosser off waivers from the Blues.
  • Kevin Kurz: The Sharks have sold 60,000 seats in about six weeks for their Stadium Series game.
  • Stephen Whyno: Bobby Ryan salary breakdown: 2015-16: $6.5 million, 2016-17: $7 million, 2017-18: $7.25 million, 2018-19″ $7.5 million, 2019-20: $7.5 million, 2020-21: $7.5 million, 2021-22: $7.5 million.
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TAGGED:Andrew BarrowayArizona CoyotesBobby RyanCasey WellmanCharles WangDana TyrellDavis DrewiskeDrew MacIntyreGabriel DumontGarrett MitchellLouis-Marc AubryMichal JordanMinnesota WildNate ProsserOttawa SenatorsRasmus RissanenSan Jose SharksSt. Louis BluesThomas McCollum

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