Ice Hockey

9/28/2023 |  BioSteel Bankruptcy Shows Perils of Costly Sports Partnerships (Front Office Sports)

• NHL, superstar athletes owed more than sports drink company's bankruptcy filings reveal.
• Equity deals have become standard practice for brands seeking to expand their reach.

BioSteel’s bankruptcy could be more costly to the NHL, and others caught up in the proceedings, than what’s been detailed in court documents so far. 

9/28/2023 |  Los Angeles Tourism & Convention Board Teams Up with AEG (SportsTravel) The Los Angeles Tourism & Convention Board has announced a strategic partnership with AEG to become an official partner of the NHL’s Los Angeles Kings and the “Preferred Destination in America” of The O2 Arena in London.
This marks the first partnership of its kind between LA Tourism and an NHL team. The agreement will enhance LA Tourism’s promotional efforts through AEG’s global portfolio of sports and live entertainment assets.

9/24/2023 |  New Senators Owner Andlauer Stresses Caution In Arena Pursuit (Front Office Sports)

• Additional candidate sites being considered besides LeBreton Flats.
• New team owner to sell separate minority stake in Montreal Canadiens.

Newly installed Ottawa Senators owner Michael Andlauer wasted no time making his mark on the franchise, immediately bringing back popular former team executive Cyril Reeder as CEO. But when it comes to perhaps the biggest decisions of all for the Senators — how and where to build a new arena — Andlauer is taking a much more cautious path.

9/21/2023 |  Andlauer Completes Record $950M Senators Acquisition (Front Office Sports)

• Long-awaited pact follows three months of due diligence, league review
• New NHL team owner set to hold introductory press conference

After more than three months of due diligence and league review, Michael Andlauer has at last completed his record-setting, $950 million acquisition of the Ottawa Senators.

9/17/2023 |  Mike Babcock resigns as Blue Jackets coach amid investigation involving players’ photos (Associated Press (AP)) Mike Babcock, the coach with a Stanley Cup championship and two Olympic gold medals on his resume, has lost his last two jobs in the NHL.
Last time, it was for losing too many games. This time, it was for his interactions with players that followed a disturbing pattern of past behavior.
Babcock resigned as coach of the Columbus Blue Jackets on Sunday after just two months on the job, less than a week after his requests for personal photos from players in a bonding effort drew criticism as too invasive.