Jun 17, 2013, 4:18 PM EDT
Hey, remember like six months ago when it sounded like the New Jersey Devils’ financial troubles were over?
Well, according to the New York Post, they’re not.
The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a source with direct knowledge of the situation said.
The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise.
If the report is accurate, it’s not clear if it’s just a short-term cash-flow issue or evidence of a larger problem for owner Jeff Vanderbeek.
The NHL, according to the Post, “said the story was inaccurate but declined to give specifics.”
Aug 21, 2014, 5:15 PM EDT
No one scored more Pens goals than he did the past three seasons.
Aug 21, 2014, 4:08 PM EDT
Call it an audition if you want.
Aug 21, 2014, 2:39 PM EDT
“He has instructed me to do all I can to facilitate a return to the Twin Cities.”
Aug 21, 2014, 2:04 PM EDT
He was quite good.
Aug 21, 2014, 1:11 PM EDT
“Nor is he very smart to have made untrue defamatory statements such as these.”
Aug 21, 2014, 12:32 PM EDT
“I talked with Todd today, and he never mentioned anything about captains or assistant captains.”
Aug 21, 2014, 11:47 AM EDT
All the first-time NHL head coach has to do is get Pittsburgh to the promised land. No biggie.
Aug 21, 2014, 10:40 AM EDT
Or until a successor is found.
Aug 21, 2014, 10:01 AM EDT
The 23-year-old defenseman may get a real shot this season.
Aug 21, 2014, 9:00 AM EDT
They were teammates in Calgary for two seasons.
Aug 21, 2014, 8:00 AM EDT
The pressure is on Sid and Geno now after a summer of change.
Aug 20, 2014, 11:00 PM EDT
And it was all The Great One’s idea.
Aug 20, 2014, 10:00 PM EDT
He can be an unrestricted free agent next summer.
Aug 20, 2014, 9:02 PM EDT
Recovery from offseason wrist surgery put things in doubt.
Aug 20, 2014, 7:55 PM EDT
He missed most of last season with a torn ACL.
Aug 20, 2014, 6:45 PM EDT
Giroux and Voracek will need someone new to run with them.
Aug 20, 2014, 5:46 PM EDT
Patrick Marleau can coach him through it.
Aug 20, 2014, 3:59 PM EDT
It’s not as good to be the worst anymore.
Aug 20, 2014, 2:54 PM EDT
No real surprise here.
Aug 20, 2014, 1:55 PM EDT
How will he handle the weight of expectation?
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- Under pressure: Rick Nash 10