"The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroit's downtown entertainment and sports district.
Plans for an 18,000-seat arena were announced by the team's owners and local economic development officials. Red Wings owner Mike Ilitch has long said he wanted a replacement for the 32-year-old Joe Louis Arena.
The new proposal -- essentially a framework of financing and development plans -- still needs to be approved by the city council and a handful of state and local agencies, but it's seen as an important first step. The Red Wings said there will be $367 million in private investment and $283 million in public funds in the complex, which would also include residential, retail and office space."
Reporter Chris Johnston relayed via Twitter on Wednesday that he had spoken to Feaster, who said he spoke to Kiprusoff last week. The 36-year-old goaltender had one of his least successful seasons in 2012-13. He was limited to 24 games by injury and performance, and he finished 8-14-2 with a 3.44 goals-against average and .882 save percentage."
A Top 10 from Ken Warren
Buyouts begin 48 hours after the Stanley Cup is presented. The entry draft goes June 30. Free agency arrives July 5. Expect trades.
The level of intrigue is higher this year, given that the league’s biggest spenders need to dump salaries to get under the $63 million salary cap.
With that in mind, let’s look at the buzz around the Ottawa Senators and the rest of the hockey world.
1. NEAL AND NEIL IN OTTAWA?
Welcome to the financial squeeze play for Pittsburgh general manager Ray Shero.
Kris Letang is in line for an annual salary of $6-$7 million when he becomes an unrestricted free agent (UFA) following the 2013-14 season.
Yet on a team where Sidney Crosby, Evgeni Malkin and Marc-Andre Fleury all own lucrative long-term deals — and with Pascal Dupuis (this year) and Chris Kunitz (next year) waiting in the UFA wings — how can it be done?
If the Penguins don’t re-sign Letang, they’ll trade him. If they sign Letang, something else has to give.
Senators general manager Bryan Murray should be one of many calling about Neal, the 26-year-old who has five years and $25 million remaining on his deal. The Senators bargaining chips in a possible trade include young prospects Stefan Noesen, Matt Puempel and Shane Prince.
2. AND ABOUT THE RYAN EXPRESS
Anaheim faces similar issues, with more than $34 million locked up in Ryan Getzlaf, Corey Perry, Bobby Ryan, Cam Fowler and Jonas Hiller. Teemu Selanne and Saku Koivu are unsigned.
The Murrays —Anaheim’s Bob and Ottawa’s Bryan — should talk about what it would take to bring Ryan to Ottawa. Ryan has two years and $10.2 million left on his contract. Ryan has scored 147 goals and 142 assists in 378 career regular season games. Neal has 134 goals and 120 assists in 354 games."