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Report: Devils remain in financial limbo

Jan 13, 2012, 10:56 AM EDT

Zach Parise Getty Images

It’s not getting any better for the New Jersey Devils, financially speaking.

According to the New York Post, owner Jeff Vanderbeek still hasn’t figured out a way to make good on an $80 million debt payment.

The league, meanwhile, is growing impatient with Vanderbeek.

“[NHL Commissioner Gary] Bettman basically told him to figure out a resolution by mid-February or he’ll do what needs to be done,” a source told the Post.

Which sort of makes the commissioner sound like Tony Soprano, but according to the Post, “what needs to be done” could involve a league takeover of the team (as opposed to taking Vanderbeek for a ride in a 1978 Cadillac Coupe de Ville).

The NHL denies it’s given Vanderbeek an ultimatum, but any way you slice it, it’s not good news for Devils fans who are praying the team can find a way to sign pending UFA Zach Parise.

  1. barkar942 - Jan 13, 2012 at 11:24 AM

    Maybe they can become the Colorado Rockies again.
    Nope. Already a team there.
    How about the Kansas City Scouts?
    That might work.
    Can anyone say Jim Basile to the rescue?
    Oh, wait.
    Blackberry is losing it’s shirt to Google and Apple.
    Perhaps they can trade Kovy to an unsuspecting sucker!

  2. somekat - Jan 13, 2012 at 12:22 PM

    Trade Parise for a few 1sts and some salary filler, before he walks this summer for nothing

  3. lordstanley716 - Jan 13, 2012 at 1:24 PM

    Buffalo will take him all day long.

  4. whatswellydoing - Jan 13, 2012 at 1:28 PM

    That Kovalchuk contract just keeps finding new ways to bite them in the ass.

  5. yettyskills - Jan 13, 2012 at 2:08 PM

    Red Wings are licking their chops

  6. predswilrule - Jan 13, 2012 at 2:25 PM

    if we dont sign suter by seasons end i say suter for parise.

    • danphipps01 - Jan 13, 2012 at 3:28 PM

      … huh. It sort of hinges on Parise wanting to move from one decent, but not exactly likely Cup contender to another, but that’s not half-bad. Suter’s pretty fantastic. Still, I figure since both teams are in the hunt and almost assured to be in the playoffs (especially NJ), they’ll not be looking to make such a drastic move. Both have to credit a huge amount of their success to guys whose contracts expire this year – and it would be extremely unwise to trade them right before their respective runs begin. They’ll try to sign long-term. I doubt Parise will actually stay, but Suter seems fairly content, especially because Weber seems more likely to want to go elsewhere and that would basically guarantee Suter the captaincy in his place. Making a huge move like that would be risking ending up with neither franchise defenseman. Not a good call. They should really focus on signing Suter, since it seems of the two, he’s the likelier one to stay a Predator.

    • elvispocomo - Jan 13, 2012 at 3:55 PM

      While that seems pretty equal value, it doesn’t solve the issue of why they’d be trading Parise to begin with. I’m sure they’d rather re-sign him but if they’re forced to move him for financial reasons they won’t do it for someone who’ll make just or almost as much.

      Same idea for Nashville actually, but I could see them wanting to spend that much if it was at least spread out across forwards, defence and goal, versus mostly on defence.

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