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Feel-Good Story About Minnesota


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#1 ATLL765

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Posted 29 July 2013 - 03:35 PM

Ha-Ha(said in Nelson voice).

http://sports.yahoo....-155615565.html


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#2 Devilsfan118

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Posted 29 July 2013 - 03:47 PM

Wait, you mean to tell me the Mecca of US Hockey is losing money?!

 

Edit:  Wow that is a huge .gif.  Nevermind.

 

---

 

But yeah, I wonder how Suter and Parise feel, knowing their signing bonuses are pushing the Wild far into the red.  Interesting rumor.


Edited by Devilsfan118, 29 July 2013 - 03:49 PM.

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#3 DevsMan84

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Posted 29 July 2013 - 03:51 PM

With Kovy gone the Devils do not have a ridiculous contract like that on their books anymore.  Just be thankful for that and use this story as exhibit A when you are upset that Parise and then Kovy left.


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#4 msweet

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Posted 29 July 2013 - 05:12 PM

It’s always been mind-blowing to think that the Minnesota Wild – sold-out main attraction in THE STATE OF HOCKEY – could be an annual money-losing franchise. Granted, missing the Stanley Cup Playoffs doesn’t exactly fill the coffers, but this is like cultivating the richest soil on the farm and only being able to grow dandelions.

The losses haven’t been massive in past years, but columnist Charlie Walters of the Pioneer Pressreported on Sunday that the Wild ran up a significant debt in the 2012-13 lockout shortened NHL season, even as a playoff team.

From the Press:

A little birdie says the Wild lost $30 million during their abbreviated 2012-13 season, and a cash call was made to team investors in February. The Wild paid bonuses totaling $20 million to sign free agents Zach Parise and Ryan Suter.

http://sports.yahoo....-155615565.html


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#5 ATLL765

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Posted 29 July 2013 - 05:15 PM

 

It’s always been mind-blowing to think that the Minnesota Wild – sold-out main attraction in THE STATE OF HOCKEY – could be an annual money-losing franchise. Granted, missing the Stanley Cup Playoffs doesn’t exactly fill the coffers, but this is like cultivating the richest soil on the farm and only being able to grow dandelions.

The losses haven’t been massive in past years, but columnist Charlie Walters of the Pioneer Pressreported on Sunday that the Wild ran up a significant debt in the 2012-13 lockout shortened NHL season, even as a playoff team.

From the Press:

A little birdie says the Wild lost $30 million during their abbreviated 2012-13 season, and a cash call was made to team investors in February. The Wild paid bonuses totaling $20 million to sign free agents Zach Parise and Ryan Suter.

http://sports.yahoo....-155615565.html

 

I think my thread title mislead you, but I beat you to the punch on this one. You have a lot more links though and clearly put a wee bit more effort than I did, lol.


Edited by ATLL765, 29 July 2013 - 05:16 PM.

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#6 ATLL765

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Posted 29 July 2013 - 05:18 PM

Wait, you mean to tell me the Mecca of US Hockey is losing money?!

 

Edit:  Wow that is a huge .gif.  Nevermind.

 

---

 

But yeah, I wonder how Suter and Parise feel, knowing their signing bonuses are pushing the Wild far into the red.  Interesting rumor.

They feel exactly how I'd feel: Amazing, because I'd now have tons of cash.

I'm just glad this is biting Minn in the ass. Ridiculous contract with silly up-front money.


Edited by ATLL765, 29 July 2013 - 05:18 PM.

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#7 SterioDesign

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Posted 29 July 2013 - 05:25 PM

With Kovy gone the Devils do not have a ridiculous contract like that on their books anymore.  Just be thankful for that and use this story as exhibit A when you are upset that Parise and then Kovy left.

 

why should we care about the money spent as fans? it's not our money its some rich ass money. What i care about is the on ice success and losing Parise and Kovalchuk is a big blow and im certainly not thinking... oh well hey! at least were not spending too much money :D


Edited by SterioDesign, 29 July 2013 - 05:27 PM.

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#8 mouse

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Posted 29 July 2013 - 06:24 PM

why should we care about the money spent as fans? it's not our money its some rich ass money. What i care about is the on ice success and losing Parise and Kovalchuk is a big blow and im certainly not thinking... oh well hey! at least were not spending too much money :D

But we now have financial and cap flexibility moving forward that the Wild and many other teams don't.


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#9 SterioDesign

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Posted 29 July 2013 - 06:42 PM

But we now have financial and cap flexibility moving forward that the Wild and many other teams don't.

 

yeah but teams that are "strapped" are mostly all in pretty good shape and worst case they'd lose one big guy cause they cant afford him


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#10 Legion15

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Posted 29 July 2013 - 07:59 PM

well after they shelled out all that money for two players...they deserve what they get. Hope Zach enjoys playing "at home"


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#11 Satans Hockey

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Posted 29 July 2013 - 08:04 PM

It won't happen but id love to see them get moved from minnesota just so parise couldn't play in his hometown anymore.
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#12 MadDog2020

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Posted 29 July 2013 - 09:30 PM

Sounds like the Wild could use a capital infusion. Maybe Zach and his buddy can become minority investors.
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#13 Devilsfan118

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Posted 30 July 2013 - 07:24 AM

It won't happen but id love to see them get moved from minnesota just so parise couldn't play in his hometown anymore.

 

You're right that something like that would never happen, but that would be absolutely hilarious :lol:


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#14 DevsMan84

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Posted 30 July 2013 - 09:05 AM

why should we care about the money spent as fans? it's not our money its some rich ass money. What i care about is the on ice success and losing Parise and Kovalchuk is a big blow and im certainly not thinking... oh well hey! at least were not spending too much money :D

 

And part of the reason why we lost Parise was JVB forced Lou to monkey around with Kovy's massive contract for an entire summer rather than focusing on signing Zach to a contract extension.

 

Now that the Devils are devoid of these future albatross contracts the Devils have flexibility to put a better team on the ice if need-be.  This is why I care about the Devils not having these contracts on the books.  I don't and probably will not have minded Kovy's contract for the next couple of more years if he had stayed, but after that and when he breaks down that cap hit is going to be a hard thing to swallow and if he retired later on we would have have a nice cap recapture penalty as well.  Team doesn't need that.


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#15 MantaRay

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Posted 30 July 2013 - 09:26 AM

Two years from now it would be interesting if Zach was a salary cap dump banished to Edmonton.


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#16 Devilsfan118

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Posted 30 July 2013 - 09:43 AM

Two years from now it would be interesting if Zach was a salary cap dump banished to Edmonton.

 

Interesting, and sad.  I really would hate to see a player of Zach's character (I mean, I don't think he's a clueless piece of sh!t like I do/did Gomez) go that route.


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#17 mort4345

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Posted 30 July 2013 - 09:51 AM

I live in Minneapolis now and the smile on my face can't be any bigger right now. After dealing with my friends sending me article after article gloating about Parise jumping ship for the Wild, I can't wait to hit the forward button today. I'm normally not a bitter guy but I wouldn't mind if Parise doesn't make the playoffs for 10 straight years.


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#18 Devs4LIFE

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Posted 30 July 2013 - 10:18 AM

The Wild need to get rid of that Heatley contract like the prettiest girl in school needs to get rid of a cold sore on prom night.


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#19 DH26

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Posted 30 July 2013 - 10:18 AM

anybody who actually believes Minnesota's losing money needs a reality check. Creative accounting's fun


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#20 DJ Eco

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Posted 30 July 2013 - 01:28 PM

And part of the reason why we lost Parise was JVB forced Lou to monkey around with Kovy's massive contract for an entire summer rather than focusing on signing Zach to a contract extension.

 

I respectfully disagree. We gave him a very respectable $6m during RFA to avoid arbitration and I have no doubt in my mind Lou offered him a more a lucrative deal than Kovalchuk's. He wanted to go back to Minny with his buttpal and it just so happened that his agent was able to pull a miracle deal so that everyone was happy. If you think Parise (franchise player #1) was butthurt about Kovalchuk getting attention and a big contract, and that's the only reason he jumped ship, that's just completely ridiculous; like no team has ever offered 2, 3, 4 mega contracts to players on their teams without them all getting jealous?


Edited by DJ Eco, 30 July 2013 - 01:28 PM.

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