Jan 10, 2014, 9:56 AM EDT
The Florida Panthers entered the season with a new owner in Vincent Viola, but they haven’t left their financial troubles behind.
The team’s attendance has been lackluster and Panthers president Michael Yormark has stated that the team’s lost $20 million to $30 million annually. With that in mind, the Panthers feel it’s important to change their contract with Broward county in several significant ways, according to the South Florida Sun-Sentinel.
Among other things, they want the $4.5 million they’re paying annually for the BB&T Center construction debt to be picked up by the county on top of the $8 million per year Broward is already contributing.
Yormark argued that the tourism tax the county originally created to cover its portion of the bill is bringing in more than expected, so that’s where he feels the money would come from. Meanwhile County Administrator Bertha Henry warned this could have “very significant implications” while County Auditor Evan Lukic still isn’t sold on the idea that this would help Broward.
Another major item on the Panthers’ agenda would be to swap the rights for some of the land surrounding the BB&T Center as part of a maneuver to build a casino-hotel, provided that the state passes new laws permitting it over the spring.
It’s also worth noting that the Panthers are prepared to make a commitment to maintain a payroll that would be competitive with the rest of the league. Presently, the team has the most cap space in the league, according to Cap Geek.
Meanwhile, Florida earned a 2-1 victory over Buffalo on Thursday in a battle between two of the league’s worst teams.
Apr 16, 2014, 9:51 AM EDT
Tampa Bay’s top-six would have been in trouble without them.
Apr 16, 2014, 8:58 AM EDT
His solid regular season will be overshadowed by whatever he does in the playoffs.
Apr 16, 2014, 8:04 AM EDT
Previewing the first round.
Apr 16, 2014, 7:30 AM EDT
Going up against a pretty good team in L.A.
Apr 16, 2014, 7:00 AM EDT
Add yours in the comments section.
Apr 16, 2014, 1:14 AM EDT
Well, that’s good for St. Louis.
Apr 16, 2014, 12:15 AM EDT
Apr 15, 2014, 11:17 PM EDT
They’ve struggled after the Olympics.
Apr 15, 2014, 10:15 PM EDT
It was a tough season in Buffalo.
Apr 15, 2014, 9:31 PM EDT
“It puts a lot more pressure on everybody else,” says Nathan MacKinnon.
Apr 15, 2014, 8:25 PM EDT
After losing the No. 1 pick to Colorado last year.
Apr 15, 2014, 8:05 PM EDT
Anders Lindback gets the start.
Apr 15, 2014, 7:14 PM EDT
Didn’t practice Tuesday.
Apr 15, 2014, 6:55 PM EDT
Heck, will Steve Mason even be available?
Apr 15, 2014, 6:43 PM EDT
Just days after another group of ex-players filed last Thursday.
Apr 15, 2014, 5:31 PM EDT
What about the Stars over the Ducks?
Apr 15, 2014, 5:16 PM EDT
“He’s relentless,” according to Craig MacTavish.
Apr 15, 2014, 4:00 PM EDT
“I don’t think I can screw it up too bad whoever I choose.”
Apr 15, 2014, 3:13 PM EDT
The city has terminated the contract.
Apr 15, 2014, 2:39 PM EDT
You don’t say.
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