Jun 18, 2012, 5:46 PM EDT
The NHL is denying a report in the New York Post that the league is on the verge of taking over the financially challenged New Jersey Devils.
“I don’t anticipate either the league having to take over the team, or the team having to file for bankruptcy,” NHL deputy commissioner Bill Daly told USA TODAY Sports in an email.
And when you think about it, what did the Post really report? That the NHL had a back-up plan if owner Jeff Vanderbeek didn’t restructure or sell? Well, we hope so. Can’t just let the club implode. Have to step in at some point.
Let’s also hold off on the relocation talk. The Devils may have to let Zach Parise walk away this summer, but the team isn’t going anywhere. This is a “too much debt” problem; not a “hockey can’t work in New Jersey” problem.
Whether the NHL should’ve allowed an owner to leverage a franchise so aggressively is another discussion.
- NBC Sports to broadcast 105 NHL games in 2015-16 50
- Wilson signs with Preds, leaving just four arbitration cases to go 2
- Rangers sign Stepan — six years, $39 million 62
- Deal with the Devils: New Jersey re-signs Larsson to six-year contract 14
- Stepan seeks $7.25M in arbitration, Rangers counter at $5.2M 24
- Capitals investment: Holtby signs five-year, $30.5M deal 21
- Redemption time? Montreal, Semin agree to one-year deal 26
- Full autonomy: Lamoriello’s place in Leafs’ chain of command 26
- Lamoriello’s departure removes any doubt: Devils are Shero’s team 21
- With Lamoriello hire, Leafs hammer home their culture change 23
- Post expansion, could NHL realign with eight divisions? (138)
- NHL to ‘focus exclusively’ on expansion bids for Las Vegas and Quebec City (89)
- He’s baaaaaack: Leafs pull a stunner, hire Lamoriello as GM (Updated) (84)
- Rangers sign Stepan — six years, $39 million (62)
- Ah, arbitration: Holtby reportedly asking for $8 million, Caps countering at $5.1 million (59)