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Money & Power 2019

Money & Power 2019

The Hockey News inaugural Money & Power special edition is 124 pages packed with features exploring the financial side of the sport. Inside, you’ll find our annual Top 100 People of Power and Influence, NHL team reports including a profile of every team’s owner, how the business of the NHL works, the latest on CBA negotiations between the NHL and NHLPA, and much more.

Column

PEER-TO-PEER CONVERSATIONS

OUR GOAL IS NOT TO BE THE BEST ORGANIZATION IN HOCKEY, IT’S TO BE THE BEST ORGANIZATION IN SPORTS– Luc RobitailleWE HAD BEEN LONGTIME PARTNERS WITH THE NHL, SO IT’S A BIT LIKE A BREAKUP, YOU LICK YOUR WOUNDS, YOU MOVE ON AND FIGURE OUT HOW TO GROW– Stewart JohnstonWE KNOW WE HAVE THE BEST ATHLETES IN THE WORLD, SO WE’RE BULLISH. WE FEEL OUR BEST DAYS ARE AHEAD OF US– Brian JenningsYOU HAVE TO ADAPT AND REINVENT YOURSELF ALL THE TIME WHEN YOU STOP DOING THAT, YOU’RE AS GOOD AS GONE.– Pat Brisson Watch all the video Q&A’s with Graeme Roustan at TheHockeyNews.com/MP19…

NHL Team Reports

FLORIDA PANTHERS

IF VINCENT VIOLA appreciates one thing, it is speed. The Florida Panthers owner built his self-made empire through speed trading in stocks and dabbles in thoroughbred racing. Getting involved in the fast-paced sport of hockey was the perfect fit for the native of Brooklyn, N.Y. Viola and minority partner Doug Cifu purchased the Panthers from Cliff Viner in September 2013 for $250 million. The ownership group has proved generous. In each season under their ownership, Florida has spent no less than 90 percent of the salary cap. On the same day the NHL announced Viola’s purchase, GM Dale Tallon received the OK to sign veteran goaltender Tim Thomas. Viola’s attitude has remained constant throughout his ownership tenure – when Tallon approached him about acquiring three-time 25-goal scorer Mike Hoffman, Viola’s response was,…

NHL Team Reports

COLORADO AVALANCHE

THE COLORADO AVALANCHE is owned by Ann Walton Kroenke, 70, and overlooked from the top by her son Josh Kroenke, 38, who is the team’s president and governor. The Avs are run by Kroenke Sports & Entertainment, which also owns the Denver Nuggets and the Pepsi Center, the arena the NHL and NBA teams call home. KSE also owns two other Colorado professional teams – the Colorado Rapids of Major League Soccer and the National Lacrosse League’s Colorado Mammoth – in addition to the NFL’s Los Angeles Rams, the Premier League’s Arsenal FC and a litany of sports real estate and communications entities. The Avs’ previous owner was Stan Kroenke, Ann’s husband and Josh’s father, who was forced to remove himself as official owner of the NHL and NBA teams because of…

NHL Team Reports

DETROIT RED WINGS

LIKE FATHER, LIKE son? In the case of Chris and Mike Ilitch and their tenure in charge of the Detroit Red Wings, you can definitely see the parallels in the circumstances as each took the reins of this storied franchise. In 1982, when Mike and Marian Ilitch purchased the Wings for $8 million from Bruce Norris, the team was in the midst of what was known as the Dead Wings era. Detroit didn’t win a single playoff game from 1967 to ’77. Following an appearance in the 1965-66 Stanley Cup final, the Wings wouldn’t win another best-of-seven post-season set until 1986-87. But by the early 1990s, via a combination of shrewd talent assessment and a willingness from the Ilitch family to spend big money to fill holes, the Wings evolved into the…