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Old 09-22-2006, 11:16 PM   #141
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Default Re: Penguins Ownership Update Thread

Penguins stay with Capri's plan for arena
Team rebuffs mayor over Plan B support

Saturday, September 23, 2006

By Mark Belko, Pittsburgh Post-Gazette



Despite pressure from Pittsburgh Mayor Luke Ravenstahl, the Penguins won't back the "Plan B" alternative crafted by Gov. Ed Rendell to fund a new arena.

In a statement released yesterday, the Penguins stood behind their commitment to Isle of Capri Casinos Inc., which has pledged $290 million toward construction of the arena if it wins the license for the city's slot machine casino.

"The Isle of Capri made a substantial commitment to Pittsburgh, and the Penguins made a commitment to the Isle of Capri, which we continue to stand by," the team said.

The statement came only hours after Mr. Ravenstahl, at a news conference with Allegheny County Chief Executive Dan Onorato, again pressed the Penguins to get behind Plan B, saying it's the last piece needed to secure the team's future in Pittsburgh.

"It is something they need to do to move this city forward," he said.

It was the second time in a week he had prodded the team to get behind the plan. In a Sept. 15 letter, he urged the Penguins to commit to staying here and to the Plan B formula.

Mr. Ravenstahl himself endorsed the Isle of Capri proposal when he was City Council president, but has said his main goal as mayor is to keep the Penguins in Pittsburgh. He said the Isle of Capri plan does not guarantee that the team, which is for sale, will remain here because it is unknown whether the company will get the casino license.

Penguins officials have said in the past their agreement with Isle of Capri prevents them from committing to Plan B, a point reiterated yesterday by team consultant David Morehouse.

He said yesterday's statement was not a formal response to Mr. Ravenstahl. He added the team still hopes to sit down with the new mayor, who took office after the death of Bob O'Connor Sept. 1.

"We appreciate his support of the Penguins in the past and his desire to do what he can to keep the Penguins in Pittsburgh and we look forward to sitting down and talking to him about that," he said.

Mr. Ravenstahl had no comment on the team's statement. "Anything he had to say, he's said," spokesman Dick Skrinjar said.

Plan B relies on a contribution of $7.5 million a year for 30 years from Forest City Enterprises or PITG Gaming LLC, the two other competitors for the slots license; $7 million a year from a slots-backed state economic development fund; and $4 million a year from the team. It also calls for the Penguins to make an initial payment of $8.5 million.

During yesterday's news conference, Mr. Onorato indicated that the amount the team contributes might be negotiable.

"If that's an issue, bring it forward," he said.

Four groups currently are bidding for the right to buy the team. If Isle of Capri gets the casino license, a buyer would be required to keep the Penguins in Pittsburgh. But a buyer is not bound to participate in Plan B.

The frontrunner in the purchase is believed to be Canadian businessman Jim Balsillie, who might be interested in moving the team to Ontario. Other potential buyers are Hartford real estate developer Sam Fingold, New York businessman Andrew Murstein and Ohio businessman Jim Renacci.

Mr. Ravenstahl said the team has received "highly competitive" offers for the franchise, ones that would establish a price benchmark for the National Hockey League.

At the same time, the city and the county are pressing forward with work related to the new arena, securing the last piece of property needed to build the facility in the lower Hill and Uptown area.

The Sports & Exhibition Authority has reached a tentative agreement with the Laborers District Council of Western Pennsylvania for Fifth Avenue property that now serves as the union's headquarters.

The authority previously had reached deals with nine other property owners for purchases totaling more than $10.85 million to assemble land on Fifth, Colwell Street and Washington Place for the facility.

Mr. Onorato said the latest deal gives the city and the county the land control they need and enables them to meet a Sept. 30 date set by the Penguins for site assembly. He said the city and the county are on pace to open a new arena in 2009.

"There is no reason why this franchise doesn't stay in Pittsburgh for the next 30 years under a long-term lease," he said.

In their statement, the Penguins said they were "encouraged" by the announcement that the city and county had secured the necessary land.

http://www.post-gazette.com/pg/06266/724374-61.stm
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Old 09-23-2006, 08:01 PM   #142
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Default Re: Penguins Ownership Update Thread

Well, if the Pens can't commit to anything other than Isle of Capri, there really isn't much the goverment can do about it until the winner of the license is announced. Unfortunately at that point, time would be critical to get a Plan B agreement done if Isle of Capri doesn't win it. I have always believed, however, that IOC has been fighting an uphill battle, because both Onorato and Rendell are in the other bidders' hip pocket and will do what they can to make sure they don't win. Simply put, I don't trust the government any more than I trust any potential bidder to buy the team.
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Old 09-23-2006, 08:08 PM   #143
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Default Re: Evgeni Malkin Staying or Coming?

Well, according to Stan Savran, he's going to have surgery after his MRI next week, and that he will miss 3-6 months. Thanks John!
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Old 09-25-2006, 01:54 PM   #144
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Default Re: Evgeni Malkin Staying or Coming?

Malkin doesn't need surgery
Monday, September 25, 2006

By Dave Molinari, Pittsburgh Post-Gazette

Penguins center Evgeni Malkin does not need surgery to repair his dislocated left shoulder. The rookie from Russia was examined by a doctor for the second time Monday and surgery was ruled out.

Malkin, 20, was injured Wednesday night when he collided with teammate John LeClair during an exhibition game in Moncton, New Brunswick.

There is no timetable for his return, however, surgery would have meant a much longer recovery period.

http://www.post-gazette.com/pg/06268/724907-100.stm
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Old 09-25-2006, 02:14 PM   #145
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Default Re: Evgeni Malkin Staying or Coming?

Whew!!!

Good news!!!!

Any news on the legal front??
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Old 09-25-2006, 09:54 PM   #146
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Default Re: Evgeni Malkin Staying or Coming?

The way I understand the legal problem right now is that the russian team is threatening to sue for damages in the US. Sounds scary, but it's a heck of a lot better than an injunction, which would prevent him from playing. With a damages claim, the worse that can happen is that he'll have to pay back the Russian team - which I imagine is not paying him as much as he's gonna make with Pittsburgh.

As for the injury, I just hope that the bad karma train that's running through pittsburgh gets derailed soon. I can wait to see Malkin & Crosby & some onetimers this year!
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Old 09-26-2006, 12:30 AM   #147
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Default Re: Evgeni Malkin Staying or Coming?

He's expected to be out 4-6 weeks, which is a HELL of a lot better than 3-6 months. So it means we'll have to wait until at least late October to see him play, which sucks, but it's better then the alternative.
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Old 09-26-2006, 01:55 PM   #148
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Default Re: Evgeni Malkin Staying or Coming?

Quote:
Originally Posted by 83-Steelers-43 View Post
Malkin doesn't need surgery
Monday, September 25, 2006

By Dave Molinari, Pittsburgh Post-Gazette

Penguins center Evgeni Malkin does not need surgery to repair his dislocated left shoulder. The rookie from Russia was examined by a doctor for the second time Monday and surgery was ruled out.

Malkin, 20, was injured Wednesday night when he collided with teammate John LeClair during an exhibition game in Moncton, New Brunswick.

There is no timetable for his return, however, surgery would have meant a much longer recovery period.

http://www.post-gazette.com/pg/06268/724907-100.stm

Thanks for the update 83 - much appreciated. I'm relieved that Evgeni will not require surgery - at least this is somewhat encouraging news.
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Old 10-02-2006, 03:30 PM   #149
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Default Pens Tidbits

The Penguins have signed Jordan Staal and have trimmed their roster down to 25 players. I don't understand why they sent Noah Welch back down to Wilkes-Barre - I thought he played very well in the preseason. I would have sent Melichar down instead - what really has he done to warrant a spot on the roster?

Penguins Sign 2006 First Round Pick Jordan Staal

The Pittsburgh Penguins have signed center Jordan Staal, it was announced today by General Manager Ray Shero.

Staal, 18, recorded 68 points (28+40) and 69 penalty minutes in 68 games with Peterborough (OHL) during the 2005-06 season, tying for third on the team in scoring and ranking fourth in goals.

In 2004-05, as a 16-year old, Staal recorded 28 points (9+19) and 29 penalty minutes in 66 games with Peterborough.

Staal appeared in six pre-season games with the Penguins, recording one assist and six penalty minutes.

The 6-4 and 215-pound native of Thunder Bay, Ontario was the second overall selection in the 2006 NHL Entry Draft.



Pens Make Roster Moves

The Pittsburgh Penguins have re-assigned five players to their American Hockey League affiliate, the Wilkes-Barre/Scranton Penguins, it was announced today by General Manager Ray Shero.

Forwards Daniel Carcillo, Libor Pivko, Ryan Stone and Maxime Talbot and defenseman Noah Welch have all been re-assigned to Wilkes-Barre/Scranton.

The moves leave the Penguins with 25 players on their roster (14 forwards, 8 defensemen and 3 goaltenders).
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Old 10-02-2006, 07:54 PM   #150
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Default Re: Pens Tidbits

I am very surprised that Staal made the team, but more surprised that they signed him to a contract. I thought for sure that he would get sent back to juniors, although that could still happen. Good for Jordan - I think he has the potential to be another Kevin Stevens once he gets experience and fills out his body. And I can't believe Welch was sent down - how in the hell can he not be good enough to unseat Josef "Swinging Gate" Melichar? I thought he played pretty well in preseason and that he would be a shoo-in to make the squad. It just doesn't make sense to me - we're going into the season with essentially the same D from last year, plus Mark Eaton, which means that Fleury and Thibault will be seeing a lot of rubber again this season.
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