Thursday, December 17, 2009

Coyotes To Open in Europe?

The Coyotes may be headed to Europe to open the 2010-11 season. I've heard that Phoenix is on the short list of teams slated to open in Europe next year. The Euro tour is becoming a staple for the NHL and the Coyotes would play two games overseas. Likely opponents for the home and home far away from home are the San Jose Sharks.

One likely destination for the Coyotes? Prague. With 5 Czechs in their current lineup, Phoenix could be a nice attraction in that historic venue. The New York Rangers and Tampa Bay Lightning played two games in Prague in October 2008 before large, enthusiastic crowds.

The Road Ahead Part 2

There's relief in the air in Coyoteland. The NHL and Ice Edge Holdings have signed a letter of intent for the purchase of the troubled franchise. It's far from a done deal, but it's a great sign that the Coyotes will be staying in Arizona, hopefully for many years to come.

For several months the league seemed to be cool on the Ice Edge proposal. We know that Ice Edge kicked the tires on the Florida Panthers prior to developing an interest in the Coyotes. The Saskatoon option (and why isn't it the Winnipeg option?) was a head scratcher when it first was reported and some Canadian media dismissed the group as less than stout financially. The NHL seemed far more interested in promoting the Jerry Reinsdorf solution for the Coyotes. When that option evaporated, the persistent Ice Edge group was able to cut a deal with the NHL.

We're not exactly sure why the NHL was slow to embrace Ice Edge but it may have to do with financing plans that are unorthodox or unusual. And there's sure to be some concern about the Saskatoon deal. We'll find out more as the vetting process goes on.

That process will also tell us about how deep the Ice Edge pockets are. While IE is saying all the right things about not even thinking about losses, it's going to take a while to turn this battleship around. The concern if the league likely centers around how much money the group is prepared to lose to sustain losses through what will be a tough transition.

There are some facts emerging about Ice Edge Holdings that will be great comfort to Arizona hockey fans.

For starters, the letter of intent has a 30 day expiration. That puts pressure on the group, the City of Glendale and the NHL to get a deal done quickly. The NHL desperately wants/needs to get the Coyotes off the books as soon as possible. The City needs to put this ugly story to bed and the sooner a definitive sale agreement is signed, the league can conduct their due diligence and move towards approving the sale.

Ice Edge is apparently putting up 90% of the purchase price of the team in cash. While the team will most certainly have a line of credit and likely will be looking at significant short term losses, they will be spared the crushing debt service that handcuffed the Moyes ownership.

And perhaps most importantly, these guys have apparently have money. Lots of it. It was a question early on but apparently it is in the process of being answered. In fact an official from another NHL team told me this week they are better equipped financially than many other teams in the league. After the early concern about the wherewithal of the group, this comes as a pleasant and welcome surprise.

Ice Edge takes over an organization that a Phoenix sports executive from another team told me was bloated. By ways of comparison, the healthier Suns have a much leaner team and arena organization than the Coyotes. That will likely change under new management.

And that cost savings, along with the elimination of debt service and whatever concessions Glendale brings to the table will put this franchise on the road to financial respectability. No it won't solve all the financial problems but it's a big start.

The whole Saskatoon thing remains a mystery. Apparently the City is willing to let a few games go as part of the Ice Edge plan to ease cash concerns. Whether the league and the players association will agree is another matter. There's some skepticism on both sides that could derail the plan. Our guess? Perhaps a scaled back plan (say 3 games vs. the Western Canada teams) would be tolerable at least as a test. And hopefully in a couple of years, the Arizona franchise will be healthy enough to make this a non-factor.

There's much good to be found here. Introducing a new ownership team will give doubting local fans confidence to begin supporting the team. And they will come back to find a team that is in the thick of playoff contention and vastly improved over previous seasons. There is nothing that will turn this area on to hockey quicker than playoff hockey.

I was in the stands a few years ago when the Anaheim Ducks won their first ever playoff series. It was an extraordinary experience. Fans were crying, because not only had the team made the playoffs come back to Orange County but because the team found a way to win a series. The excitement translated into season ticket sales -- 4,000 new tickets in one season.

It could happen here. It would be an extraordinary conclusion to a bizarre year. And it would be enough to leave more than a few people crying in the stands.

Tuesday, December 1, 2009

The Road Ahead Part 1

As the Coyotes are battling the Kings tonight in LA, it’s a good time for us to take a look at the season to date and peek ahead at the balance of the year.

The Coyotes are exceeding expectations. The team just completed a three game home stand with three wins, extending their current winning streak to 5 games. At 18-11-1 after 30 games, the Yotes are on pace for 101 points. History would say that's more than enough to make the playoffs and in fact it would be the best season of the 13 the team has had in Arizona.

And the team has demonstrated tremendous resilience this year. Just when you think the team is going to go upside down, they pull off a gutty win over the Philadelphia Flyers and steal a road game at Anaheim.

While improvement was expected (and crucial) this year, a more realistic expectation was that the team would scrap for a playoff spot. Vastly improved coaching and goaltending have been the keys for the rapid improvement of the team.

One cannot underestimate the body of work done by Dave Tippett and his assistant coaches during the first two months of the season. For most of the past four years, the Coyotes looked disorganized and were easily panicked when things weren’t going well. Not anymore. Tippett is everything you would want in a coach. Firm, organized, intelligent and confident. He’s in any conversation about the best bench coaches in the NHL and the unquestioned half-season NHL coach of the year.

And credit is also due to assistant coaches Ulf Samuelsson and Dave King. The teams tight defensive play is the product of great checking, sound defensive play and attention to detail. That takes a lot of work from all of the coaches. It’s paying off this year.

All summer, we mused that the team would rise and fall largely on the play of Ilya Bryzgalov. Well no one could have seen this season coming. The historically inconsistent Bryzgalov has been money all year with a league leading 4 shutouts, a 1.99 goals allowed average and a sparkling .925 save percentage. The Coyotes are third in the NHL in team defense and contenders for both the Vezina (outstanding goaltender) and Jennings (team defense) Trophies.

And the play on defense has been very good. The Coyotes have had a strong defensive core over the last few years and team veterans Ed Jovanoski, Zbynek Michalek and Keith Yandle have all been excellent. Jovanoski is having his best season in years and Yandle has blossomed into one of the best young defensemen in the NHL.

General Manager Don Maloney has made his best acquisitions in supplementing this group. Veteran Adrian Aucoin has added offense as well as a steadying influence on the backline. Jim Vandermeer is slow but brings a nice physical presence. Rookie Sami Lepisto has been a pleasant surprise, and lately, Dave Schlemko has given the team good minutes in relief of injured players. With Kurt Sauer due back soon from concussion symptoms, the Coyotes have a surplus on the backline that could figure into a trade for scoring help.

And there is a definite need for scoring help. The Coyotes are 28th in the NHL with 2.43 goals per game. Somehow, the team needs to find more scoring. When you look at the current roster there is little reason to believe that improvement will come from within and the development of young players in San Antonio doesn’t give much hope that a Kyle Turris or Mikkel Boedker will return to fortify the offense.

There is room for GM Don Maloney to find a scorer. The Coyotes are barely above the NHL salary cap floor and we’re pretty sure they have available budget dollars to make an acquisition. The team also has assets – Calgary’s 1st this year, Philadelphia’s 2nd next year plus their own draft choices and several top end defensemen who are not playing in the NHL. A deal to add scoring is imminent. The only question is where it will come from and what will be the price.

Now for the Coyotes comes the big question – can this success last?

It all starts in Glendale. The Coyotes need to defend home ice and pile up points in December and January. The Coyotes are in the middle of having 9 of 15 games at home in December (6 of 12 remaining) and then 9 of 14 at Jobing.com arena. Overall, of the team's next 25 games, 15 are at home. While that kind of schedule skew is very curious (why only 6 home games in tourist rich March?) it's created a mid season opportunity for the team. With the swagger that comes from winning and a very favorable home schedule, the Coyotes should be around 70 points at the end of January.

And it continues on the ice. Bryzgalov needs to stay on top of his game. A big concern comes after the February Olympics where he will likely start in goal for the Russian Olympic team. A heavy workload in Phoenix and the same in Vancouver could raise fatigue concerns. With wildly inconsistent backup Jason LaBarbera, every game is an adventure. The ability of Bryz to shoulder a heavy workload as well as excel along the way will determine the fate of the team.

No one is looking at Phoenix like they’re a Stanley Cup contender, but this team desperately needs to make the playoffs and show the desert that there is hockey life after April 1st. For the first time, Maloney will be a buyer and not a seller at the trade deadline. It could be an advantageous spot because Phoenix not only has assets to trade but is one of the few teams that has salary cap room available.

And it will be fun because for the first time, Jobing.com Arena can look forward to hosting a playoff game.

Hopefully several.

Friday, November 27, 2009

It's Black Friday...And Everything's On Sale!

Let's Start with the Franchise...

According to Gary Bettman, at least 6 groups have expressed interest in buying the Coyotes. Of course, Canadian media gadfly Davis Shoalts has already suggested that "six" groups exist only in Bettman's imagination.

We know three -- The Ice Edge group that has been working on the purchase for several months, Howard Sokolowski and David Cynamon (the owners of the Canadian Football League Toronto Argonauts) and a group of largely local investors headed up by Canadian businessman Steve Stotland. We think the others might include the Jerry Reinsdorf/John Kaites group that bid on the team this summer and Calgary billionaire Brett Wilson, who has kicked the tires on a number of NHL teams.

Stotland is the latest to go high profile and he's made some news along the way. His "group" which is yet to be publicly identified, is said to include a large number of Arizona investors. He also slipped that his group is the only group that has significant Arizona interests. That's good news if he has the wherewithal to pull this off but not the best news for Coyote fans. Apparently this summer's bloodbath has turned off any potential investors as well as fans.

Stotland reportedly bid for the Montreal Canadians both in 2000 and 2009 when they were sold to and by George Gillett. He was a player in the 2000 bidding before Gillett swooped in and bought the team but was not considered a finalist in 2009 when the Habs were sold back to the Molson family.

The Ice Edge group has been deep in discussions with the City of Glendale about a lease but you get the feeling that the league is looking past them for other alternatives. The Saskatoon option as well as questions about the depth of their pockets seem to have slow tracked their offer.

The Kaites/Reinsdorf group has been quiet but there's a sense that John Kaites is still looking to be a part of the solution here. He's well connected with Glendale and could end being a facilitator for any of the groups looking at the team. And current Coyote minority owner John Breslow, who is part of the Ice Edge group, could also end up as a piece of another group.

A new lease is necessary for any group that buys the team. Glendale is going to have to give ground in some way, shape and form. One would assume that whatever lease changes that are being discussed would be made available to all groups. Of course, nothing in this entire episode has gone to script so you can't be so sure.

At the rate the Coyotes are burning through cash. it's incumbent for the NHL to get the team off their books as soon as possible. Gary Bettman had the support of the Governors to make sure the league controlled their own destiny. At a couple of million a month, that support is perishable. If he can't find a viable solution to sell the team soon, the league members could start pressuring him to look elsewhere.

Tickets? We Got Lower Bowl Tickets for $25...

Stack 'em deep and sell 'em cheap. Good marketing move. And perhaps a little overdue.
Get people into the seats to sample the product. Stop treating this as a business as usual situation.

The Coyotes need to do this and much more to bring back fans. We're surprised that the team hasn't hosted an open house this fall with a team practice, autograph sessions and ticket availability. And much more to excite and activate the base.

In this day and age, marketing needn't be an expensive proposition. Social media tools like facebook and twitter allow organizations to communicate offers and incentives quickly. The Coyotes need to pull out all the stops to get butts in seats, even if it's at a severe discount.

And Finally Some Roster Moves In The Works?...

As we get to the quarter pole of the season, the team is easy to grade; Goaltending -- A-. Defense -- B. Offense -- meh.

Nothing has changed. The Coyotes need scoring. It will be very, very hard for them to hang tough in the ultra competitive Western Conference unless scoring deficiencies are addressed. The Coyotes are 24th in the league in goals and on pace to score 197 goals. That's not going to be good enough.

Of course, there are 25 teams in the NHL looking for scoring. The key is finding the right players at the right price.

But the Coyotes have two very valuable assets -- cap space (they are barely above the salary cap floor right now) and future assets including Calgary's 1st round draft pick.

Numerous sources including ESPN's highly regarded hockey blogger Pierre LeBrun have indicated that Coyote Peter Mueller is available in the right deal. There may also be a glut on defense when Kurt Sauer is cleared to return to the ice. Good showings by rookies Sami Lepisto and Dave Schlemko may have given the team the confidence to move a veteran defenseman.

We're not so sure that the time is right to move Mueller but keep in mind he'll be an RFA this summer and in line for a larger second NHL contract. And he's been a shell of his productive 2007-08 player since the end of his rookie year.

Here are two possible targets for GMDM;

Jonathan Cheechoo (Ottawa)has been awful after his off season move in the Dany Heatley trade. He can score, not the 56 goals he got three years ago as Joe Thornton's side car, but he's a skilled 20-30 goal player. The price may be discounted as he struggles to regain his scoring touch.

Niklas Hagman (Toronto) could be an intriguing possibility. He's signed for the next two years at a reasonable $3MM and he's already got 11 goals this year. Hagman is coming off 27 and 22 goal seasons and he's got history (hopefully good history) with Dave Tippett in Dallas. He's available and the rebuilding Leafs would be a good trading partner for the Coyotes. Word from TO is that the Leafs would move Hagman in the right deal, perhaps for a player and a draft pick.

There will be more possibilities as the season progresses. Carolina has pretty much dropped out of sight and veteran scorer Ray Whitney might be available. And if the New York Islanders slide, Doug Weight might be available. The trick for Don Maloney will be moving sooner rather than later because the Coyotes need is not going to be solved by tweaking. There's always hope for internal improvement but reinforcements are still necessary. And soon.

Monday, November 9, 2009

The Coyotes at 10 & 7

After 17 games, the Coyotes are 10-7 and rank seventh in the Western Conference. If they could maintain that pace, it would project out to 96 points and based on history, that would be enough to make the playoffs.

It won't however be that easy.

It's been a better than expected start for the Coyotes that includes impressive wins over a number of power teams. And comes at the same time as two other Western Conference teams have kicked off the year with vastly improved fortunes. Los Angeles and Colorado are much improved. The uptick in Los Angeles was expected. The improvement in Colorado was not. If those two teams continue their improved play, the horse race for Western Conference playoff spots will be intense.

The Coyotes may well be in the best 5 team division in the NHL. San Jose once again looks to be the terror of the regular season. The Stars are solid and the Kings are vastly improved. Anaheim is off to a slow start but they may have the most talented roster outside of San Jose in the West.

Looking at the bigger Western Conference picture, no one expects Detroit to be on the outside looking in, even though they are not the same team they were in the past. An educated case is that the Coyotes will be competing with Dallas, Columbus & St. Louis for the last couple of playoff spots in the West. It will make every game interesting and important. No other professional sports league has such a compelling regular season.

To make the playoffs, it's essential for the Coyotes to win games they are capable of winning. Missed opportunities could well be the difference in making or missing the playoffs. The upcoming stretch of games against the Canadiens, Stars, Lightning, Wild, Blues represent 5 winnable games for the home team. Anything less than 7 points over this stretch would be a disappointment.

The Coyotes come to play every night. The work hard, play a disciplined 1-4 checking system (that's a trap for those of you who don't worship at the house of Jacques Lemaire) and they have generally gotten very good goaltending. And they still suffer from a lack of firepower that is a serious long term concern for the franchise.

So what should we expect?

More of the same. Lots of low scoring tight checking games. A continued emphasis on defensive play. And something novel and interesting -- a trade deadline where the Coyotes will likely be buyers rather than sellers.

As we've discussed here many times, the most crucial element for the team will be the goaltending of Ilya Bryzgalov. Bryz has been awfully good for the first five weeks of the season. The Coyotes are 3rd in the league in goals allowed average. Bryzgalov has been steady almost every night and sensational on several. If you have followed his career, you know that he tends to run hot and cold. So far, mostly hot. That's a good thing.

He's getting a lot of help from a mobile and deep defense. Ed Jovanoski, currently "day to day" with a lower body injury has been the team's best skater. His absence for any length of time could be devastating. The motivation of playing for a spot on the Canadian Olympic team and the Coyotes new management have rejuvenated the 33-year-old defenseman. He's playing like the player that Phoenix expected when former GM Mike Barnett gave him a $32.5MM contract 4 summers ago.

Jovo has had plenty of help. Keith Yandle is having a breakout season. Sami Lepisto has been a nice rookie surprise. Veterans Adrian Aucioin and Jim Vandermeer have come as advertised and Zbynek Michalek has been his usually sturdy self.

In fact the biggest problem the defense has had is staying on the ice. In addition to Jovanoski, Kurt Sauer has been out since the opener with concussion symptoms, Michalek is currently week to week with that dreaded lower body injury. In fact there's enough injury concern that GMDM is kicking the tires on 47 year old Chris Chelios who is currently playing in the American League.

With the back end playing well, the issue for the team was and will continue to be the lack of reliable scoring.

The Coyotes are 21st in the league in goals per game. Considering the roster on hand, that's not bad. Only Shane Doan and Robert Lang have ever had as much a s two 20 goal seasons and several regular forwards have never broken 20.

The Coyotes knew going in that goals would be at a premium this year. They are. Scott Upshall and Matt Lombardi have helped the offense and there's hope that one or more of the young guns sent to San Antonio might show enough promise to be back by the second half of the season.

But don't rule out the possibility of a trade for a goalscorer, should the right one become available. With players like Kyle Turris and Mikkel Boedker in the American League, the Coyotes are less than $300K above the salary cap floor. Unless Don Maloney is working under a burn the furniture budget (and he swears he is not) there is money to add a goalscorer. And there are future assets to deal including several young players who have not yet turned pro and future draft choices including the first acquired from Calgary for Olli Jokinen.

Depending what teams are and are not in playoff consideration will dictate what players are available but you may want to look east where the haves and have nots are quickly being sorted out and some veteran scorers (i.e. Ray Whitney & Jason Blake) may become available. In the past few years, now for later trades were unthinkable for the Coyotes. If the current scenario holds, they will be essential.

And as we complete the first quarter of the season, it's good to keep in mind that teams often over and under achieve in the first few weeks of the season. Part of that can be a carryover (both good and bad) from prior years, new coaching or the relative health of a team. History is littered with teams that don't finish the season the way that they start the year.

For the sake of the future of the Coyotes, let's hope they don't get caught up in that pattern this year.