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.
- Five interesting players still on UFA market 28
- Trotz will still cheer for Preds ‘like crazy’ 4
- Hextall: Advanced statistics small, but meaningful part of Kings’ success 6
- Hayes sees opportunity with Rangers 27
- Fanspeak: Martin Brodeur named greatest Devil in franchise history 14
- Devils’ Gomez considered retirement 7
- It’s New Jersey Devils day on PHT 22
- Fanspeak: Bobby Orr named best Bruin in franchise history 28
- Video: Bruins participate in commercials to promote NHL 15 6
- Oilers ink Schultz to one-year deal 3