Sep 12, 2012, 11:33 AM EDT
The Carolina Hurricanes have added five more local investors to their ownership group, including Hall of Famer and former ‘Cane Ron Francis.
“It is very encouraging that these locally-based investors feel so strongly about our franchise and its future,” said the club’s owner, Peter Karmanos, in a release.
In November, the Hurricanes added 10 investors that were expected to help pay down the team’s debt.
It’s not clear what this latest capital infusion will be put towards, but it’s worth noting that Carolina has committed itself to a couple of big contracts this summer.
—- Jeff Skinner: 6 years, $34.35 million
—- Jordan Staal: 10 years, $60 million
The Hurricanes also signed forward Alex Semin to a one-year, $7 million deal.
According to CapGeek, their salary payroll for 2012-13 is at $57,335,000, the 19th highest in the NHL.
- Discuss: Sharks take Game 4, even semifinal series 2-2 against Kings 0
- Discuss: Bruins rally in third, take 3-0 series lead 48
- Video: Callahan gets away with high-sticking Chara 21
- Playoffs Tonight: Kings look for ‘killer instinct’ against Sharks 10
- Brother says Patrick Roy will be Avs’ head coach 21
- Video: Controversy colors Blackhawks goal, disallowed score 56
- Discuss: Detroit takes 2-1 series lead vs. Chicago 88
- Video: Viktor Stalberg returns after head-first sprawl into boards 2
- Brown, Toews, Alfredsson up for Messier Leadership Award 9
- Playoffs Tonight: Blackhawks look to ‘ramp up our intensity’ vs Red Wings 13
- Video: Crosby scores hat trick, hits playoff milestone against Senators (91)
- Discuss: Detroit takes 2-1 series lead vs. Chicago (88)
- Bryzgalov thinks Stalin did a good job, wishes Philadelphia wasn’t so old, and believes poor people don’t want to work (80)
- McPhee says lack of power plays ‘didn’t feel right’; Torts says Washington is ‘whining’ (70)
- Penner blasts refs for having ‘gall to guess’ on goalie interference call (64)
- Sharks pull even with Kings
- Live Extra: Watch NHL Live postgame show
- PBT: Cavs win NBA draft lottery, will pick No. 1
- Spurs survive Grizzlies' late run, win in OT
- PHT: Bruins rally in third, put Rangers in 3-0 hole
- Durant pledges $1 million for tornado victims
- GTC: Garcia offers Tiger 'fried chicken' for dinner