August 25, 2011, 6:04 PM

Can Local Group Get it Done?

Aug 25

Considering we can confirm only one group who has officially made an offer to purchase the St. Louis Blues we’re going to assume only one was made.

I guess we could say Minority Owner Tom Stillman has made the only “known” offer but I need names! In this day and age it’s hard to believe there are multiple bidders out there who’ve found a way to remain underground. The bottom line is there are plenty of pretenders out there and it’s important to try and separate the real players form the phonies.

I would never consider Stillman a phony as his heart is 100% in the right place. I’d love to see a local group get this done but as one individual with firsthand knowledge of the offer tells me, they probably have a “less than 10%” chance of buying the team at their current bid. Besides the fact that it wouldn’t satisfy Checketts, Stillman likely knows this number wouldn’t satisfy the NHL Board of Governors either.

 As I reported on www.twitter.com/andystrickland the offer made by Stillman and company was apparently for $110 million. Well short of the $200 million number that other interested buyers have been told Checketts is seeking.

I do find it very interesting that Stillman, who would know better than anyone what the Blues are believed to be worth, values the franchise at only $110 million.

If the Stillman group is to replace Checketts and TowerBrook Capital Partners as the next Owners of the Blues, they will have to considerably come up on their offer.   

Don’t be surprised if Stillman attempts to align himself with whoever eventually buys this hockey club, even if it means on a minority level. You can be sure he will not enter the same agreement he did with Checketts where I’m told he is in essence helping fund the organization financially. Word is Stillman is not drawing a salary from the Blues like Checketts currently is. There’s nothing wrong with Checketts receiving a salary by the way, I’m just pointing this out. For this reason alone Stillman has to be eager to get the Blues sold.

One guy who apparently is sitting back and allowing things to unfold as they may is Chicago businessman Matt Hulsizer. Here’s a guy that Gary Bettman would likely make a deal with if Hulsizer were to step forward. Time will tell if we eventually get to this point.

 

Congrats Donny!

I want to send overdue congratulations to Don Granato, brother of Tony and Cammi, on becoming the Head Coach of the U-17 USA National Development team. Granato is truly one of he best people I’ve come across and is a great addition to the NDTP. He will remain as the Head Coach of the U-18 team the following season.  He spent last year as a pro scout with the Vancouver Canucks.


Winchester Close?

Word is Brad Winchester is still talking to four NHL teams all believed to be competitive clubs. I was told he’d likely sign this week so we can assume he’s close.


Marty Turco Still Wants to Play…

Word is Marty Turco has his eyes on a few teams who will head into training camp with limited backup experience. He’s hoping a team will eventually look outside the organization for goaltending help after realizing they aren’t satisfied with their tandem. One thing we do know is that he won’t be heading to Europe, he’s played a long time and has stashed away millions of dollars over his career.


Ramage to Assist the London Knights?

Sources say former NHL D-man Rob Ramage will be helping the London knights coaching staff this season primarily working the defense.


NHL Network Bringing Back Kelly Chase?

Word is Kelly Chase will be back with the NHL Network this season after helping out last spring during the NHL playoffs. Chase also serves as the Blues radio analyst but is only expected to miss about five games or so.


Keith Tkachuk Fantatsy Camp Starts today…

The camp runs through the weekend. Fans are welcome to attend the Hardees Ice Plex in Chesterfield where numerous current and former Blues players will be joining Tkachuk for the camp. The on-ice sessions run from 4-7.


Drury Met with Toronto?

These rumors certainly surfaced but I’m told Drury never met with Leafs GM Brian Burke. Drury had decided to retire several days before making his announcement official.


More to come,
Andy Strickland
strickland.andy@gmail.com

Andy Strickland is based out of St. Louis and has more than 10 years of experience covering the NHL. He is also a full time radio personality in St. Louis and can frequently be heard and seen throughout the United States and Canada on radio and television. He can be contacted via Twitter (@AndyStrickland) or on the Ask Andy page.

12 Comments | Share:

Good to see the site up and running again.

Hopefully someone is serious about buying the Blues.

I don't buy that Stillman and his group is serious until they puts an offer up that is serious. He has to know that 110 million is not going to be approved by the NHL. Get serious and make a real offer, or just don't make an offer at all. What a waste of time.
in reply to carcus
Good to see the site up and running again.

Hopefully someone is serious about buying the Blues.

I don't buy that Stillman and his group are serious until they puts an offer up that is serious. He has to know that 110 million is not going to be approved by the NHL. Get serious and make a real offer, or just don't make an offer at all. What a waste of time.
in reply to carcus
Anybody else heard the rumor that they will have Thickburgers at the Hardee's Ice Complex during Keith Tkachuk's Fat Camp? Oops, fantasy camp.
in reply to carcus
dude, why are you stealing bcallaways thunder? He's been making that fat joke consistently for the last five years. flag this comment
Thank you fatty.

And shame on you Dead Animal. Material-stealer!! You'll be hearing from my attorneys, Dewey, Cheatem and Howe.

flag this comment
Sorry bcallaway. I got excited that truehockey was back and all of your fat jokes about Keith and I just couldnt help it. It was just sitting there waiting to be said. flag this comment
What I 'would have' said about the story, had not you stolen my bit:

Keith Tkachuk was 45 minutes late for the start of his own Fantasy Camp because he went to the wrong location. He had no idea he was to supposed to go to something called the Hardees "Ice Plex".........

flag this comment
Marty Turco can suck a big fat tootsie pop in the KHL.
in reply to Eggserino
What kind of money does Stillman have? We need someone with the means to spend to the cap. I don't like our situation if we simply change the name on the title, but retain the current status quo.
in reply to jammer21
I dont think it is realistic to expect a new owner to just spend to the cap. That would mean big time losses and that is not realistic. Revenue would have to go up a lot in order to get to cap spending and that is going to take several really good seasons to bring the revenue up that much and not have a backlash from the fans.

They need to first get a little more wiggle room so they arent flirting with the floor and make some deep runs/a cup in order to even think about getting close to the cap. flag this comment
Carcus, to your point, having a superstar who's jersey sells all over North America wouldn't hurt. That would lead to more national exposure via TV and has re potential to lead to bigger local TV deals. flag this comment
I'm not saying we need to spend to the cap in a Pegula-like fashion right away. But we do need someone who wouldn't be content with pulling Arnott and Langenbruner off the scrap heap over the summer. Sale or no sale, that's all Checketts and co probably would have done. I don't buy us "needing experience." We've had plenty of playoff experience in Guerin, Weight, Tkachuk, Kariya, McKee, etc and nothing to show for it. This team needs more talent to separate itself from those #7 to #10 spots in the West. For once, it would be nice to have someone with capability to spend the money up front instead of hoping for playoff revenues to add pieces net season. We've been doing that for what? 5 years now? If we were willing to spend another $6 million or so, we could add a star to this team through UFA or a trade and legitimately start to pull away from rest of the pack.
in reply to jammer21

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