Michael Russo has covered the National Hockey League since 1995. He has covered the Minnesota Wild for the Star Tribune since 2005, after 10 years of covering the Florida Panthers for the Sun-Sentinel. He uses “Russo’s Rants” to feed a wide-ranging hockey-centric discussion with readers, and can be heard weekly on KFAN (100.3 FM) radio and seen weekly on Fox Sports North.
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Matthew Hulsizer has become a minority owner of the Wild and minority owner Phil Falcone is out.
Hulsizer, a Chicagoan and former Amherst College hockey player, is CEO of PEAK6 Investments. Hulsizer has purchased 100 percent of Falcone's shares, which was down to less than 25 percent of the team after majority owner Craig Leipold purchased pieces of his stake over the past few years.
During a long comprehensive process that actually delayed this transfer for some time, Hulsizer got re-vetted by the NHL even though he has been vetted many times during his previous purchase attempts. Hulsizer met with the executive committee during the All-Star Game and was approved unanimously during a fax vote this week by the Board of Governors.
Leipold remains the team's majority owner.
As a result of this new agreement, there is no ability for any minority owner to obtain a majority stake in the team. That is different than the old agreement that did have a buy-sell clause. That meant there were mechanisms for Falcone to eventually become the majority owner by buying Leipold out or Leipold buying Falcone out.
That is no longer in this agreement with Hulsizer. Leipold said he's in for the long haul. "I'm planning to keep this for generations. This is becoming now a family investment."
"He is a hockey gooney," Leipold said, laughing, said of Hulsizer. "He's just a hockey guy. He loves hockey. He's a hockey fanatic. He watches all games at night. Now, he loves the Wild. For the last four months, during almost every game, I get texts from him and we kibbitz back and forth during the games. He's got a pretty good eye for talent and he's not shy to let me know what's going on with other players.
"He really believes in the analytical aspect of hockey. That comes from the business that he is in, in statistics and analytics of understanding stock markets and money funds and the value of international currencies. He's a numbers guy. He plays hockey today. He coaches his kids in hockey. He's going to be a fun guy to own the team with.
"Being a minority owner with a hockey team in a big hockey market, he's going to fit in real nicely. He loves the game. Let me tell you right now, he's made it very clear, he's only about winning. He's only about winning. That's what it's all about. That's why we hit it off so well. Listen, he doesn't ask about the financials of the team. He doesn't ask about the revenue and expenses. He asks one thing: How are we going to win?"
Leipold said, laughing, "That's the kind of guy I want, because frankly I do ask about revenue and I do ask about losses. It's only about winning. No question, he's a huge Wild fan right now. We both have one objective in mind and it's the same as Chuck Fletcher's and all of the players, and that's to win a Cup. That's the perfect partner."
Leipold said Hulsizer will probably make it to five games a year because he's not a fan of flying. "He drives over to Iowa to watch the American Hockey League games."
(Russo note: Hulsizer must be a glutton for punishment then. I kid, I kid, the Iowa Wild).
Falcone has had some well-documented troubles with the SEC, paying an $18 million fine two years ago.
"Phil was a really good partner," Leipold said. "Similar to Hulsizer, he was focused on winning the Cup as well. I like Phil. We spoke often. He had some personal reasons to exit the investment, and I respect that. But he's going to be a Wild fan forever and I've encouraged him to come back and watch games with me."
A quick hockey-related note: Forward Michael Keranen has been sent back to Iowa. He was scratched four times without making his NHL debut. The Wild's had an optional today. Rachel Blount is covering and she'll be on the Sean Bergenheim conference call this afternoon and blog afterward.
I am doing another podcast with Star Tribune columnist Jim Souhan at 2:30 p.m. before my flight to Nashville. You can listen live at souhanunfiltered.com.
Here's the team's official release on Hulsizer:
The Minnesota Wild today announced changes in the makeup of its board of directors and investment partnership structure.
Matthew Hulsizer joins the board of directors as vice chairman and minority owner effective immediately. Hulsizer is co-founder and chief executive officer of PEAK6 Investments, L.P. based in Chicago. He is a passionate hockey enthusiast, played hockey at Amherst College and continues to play and coach in the Chicago area. Hulsizer’s ownership stake was unanimously approved by the NHL Board of Governors.
“I am very honored and excited to be a part of the Wild organization and to be partners with Craig [Leipold],” said Hulsizer. “As a life-long hockey player and fan, I have always dreamed of winning a Stanley Cup. Craig and I share a commitment to winning and we look forward to bringing the Stanley Cup to Minnesota.”
Also effective immediately, Philip Falcone, CEO and chairman of HC2 Holdings in New York, is vacating his minority ownership stake in the Wild after deciding to focus on other opportunities.
“It’s been a great seven years being part of the NHL and the Wild family,” said Falcone. “As a true Minnesotan, I’m as passionate about hockey and the Wild as I’ve ever been. Unfortunately given my New York City residency and schedule, I haven’t been able to enjoy this asset and spend as much time involved in the organization as I would have liked, so I’ve decided to pursue a different path. I wish Craig and the team nothing but the best and hope they can bring the Stanley Cup to the State of Hockey.”
“On behalf of the Minnesota Wild and the State of Hockey, I would like to offer Philip our sincere thanks for his support of the Wild and hockey in general over the past seven years,” Leipold said. “With Philip’s support, we were able to return the franchise to the Stanley Cup Playoffs the past two years. He has been a terrific owner and partner during his tenure with the organization.”
With these investor changes, the Minnesota Wild board of director’s membership now includes Chairman Craig Leipold, Vice Chairman Matthew Hulsizer, Quinn Martin, Mark Pacchini and Jac Sperling.
Considering I woke up in Pittsburgh like 19 hours ago, it’s been a slightly busy day. If you didn’t see all the day’s events, please see the previous meaty blog. Lots of good quotes in there.
Lots of good quotes in here, too.
About an hour ago, I got off the phone with General Manager Chuck Fletcher, who has been in Ft. Lauderdale conducting scouting meetings. Almost every team in the league right now is doing their amateur and/or pro scouting meetings, and they don’t seem to do them in Winnipeg or the Yukon Territory.
They usually go to Boca, Lauderdale, Palm Springs, Vegas and Scottsdale. You can the picture.
Fletcher said this hasn’t been the most relaxing few days of his life. The stressed, very disappointed GM said he actually had to leave the scouts in the middle of watching Tuesday’s 7-2 loss at Pittsburgh because he was so disturbed at what he was watching.
“It’s like a dark cloud hanging over us,” Fletcher said. “It’s unbelievable. Anything that can go wrong is going wrong right now, I can tell you that much.”
Earlier this evening, Fletcher traded a third-round pick to Arizona for goalie Devan Dubnyk, who had a rough year last year as I described on the previous blog but seems to have rehabilitated his career this year.
“I don’t think it’s any secret we have bigger expectations for our goaltending than what they’ve provided for us this season,” Fletcher said. “We were looking to add some depth and add a goaltender that’s capable of coming in and winning games and pushing the other two as well. We need to play better team defense in general, but I think adding another goaltender made a lot of sense. It’s not easy to find players this time of the year. More players are looking to add players than subtract and we’re fortunate we were able to get Devan. He’s had a very good season in Arizona and four of his last five seasons his statistics are quite good and at this point we’re hoping he can deliver more of the same. We’re just looking for him to play the way he’s played in four of the last five years and we’ll go from there. And hopefully the competition will help too.”
Dubnyk, who is supposedly an awesome guy and more importantly a great quote (yes, it’s about me), is expected to join his new team in Buffalo. Coach Mike Yeo hopes that he’ll be able to start Thursday against the Sabres, but the two will chat on Thursday to make sure he’s able.
The hope is Darcy Kuemper, pulled in five of his past seven home starts before aggravating a lower-body injury, can return before the All-Star break or right after. I asked Fletcher directly if he would try to get Kuemper to maybe accept a conditioning stint and play a few games for Iowa during the NHL All-Star break, and he said yes.
Harding is still out with multiple sclerosis issues: “It’s too hard to speculate” if he’ll play again for the Wild, Fletcher said. “He isn’t an option for us right now and isn’t close to being an option.”
Niklas Backstrom has allowed 30 goals in his past eight starts.
If Kuemper, Backstrom and Dubnyk are healthy all at the same time, Fletcher said the Wild will have to carry three goalies on its 23-man roster.
Fletcher said, “We need to find out what our team really is. I’ve been waiting for the answers to come from the inside. I’ve been calling around for weeks. It’s not easy to get teams to sell players early. Most teams are still in and we’ve been waiting and hoping that the answers would come from within, but we’re at a very critical time right now. We’ve got to stabilize here. We’ve got to find a way to win a game and start to play the right way. You’re not just going to snap your fingers and everything’s going to get back to normal, but we’ve shown at points of this year we’re a good hockey team, we have good players, we have good coaches and we need to find a way to become a good team again. Right now we’re not a good team and this is a small step. Everybody’s lost confidence and that happens when you go through these stretches.
“I thought it was time for me to give this team a shot in the arm and we’ll keep trying. We’ll see if we can add more pieces. If we can do it great, but it has to come from the inside too and maybe this is a spark they need to get going.
“I think Mike’s a good coach, and I think we have a good team. But right now we’re in a perilous position for our season and we have to win some games. We’re capable of doing it. But we have to stabilize here. We’ll see where it takes us. We’ve got to get going. We’re better than this. It’s time. It’s more than time.”
Fletcher again said that Yeo is safe.
“We’ve got an overall performance issue here,” he said. “I’m not looking at Mike at all right now. He’s our coach. He’s a good coach.”
OK, that's it for me. I think I've written 50,000 words today. I'm spent. Night. Talk to you after the morning skates Thursday.
The Stanley Cup Finals are over. The Los Angeles Kings are champions again. Marian Gaborik and Willie Mitchell have hoisted the Stanley Cup, and now it’s time for the league to really ramp up – not close shop – as the June 27-28 NHL draft in Philly and the July 1 opening bell of free agency looms.
The Wild completed its organizational meetings Wednesday, so I got GM Chuck Fletcher on the horn late Thursday to talk a bit about the official start to the offseason. Here's the article from Saturday's paper, but to expand on that, please read below:
1) Of the pending unrestricted free agents, the Wild likes the ruggedness defenseman Clayton Stoner and center/winger Cody McCormick brings and is interested in trying to re-sign both. Fletcher didn’t confirm this, but this is what I’m hearing via sources. Stoner, amazingly drafted 10 years ago by the Wild (I’m getting old), had a quality season and led all blue-liners in hits. McCormick had a solid postseason. Obviously, it’s a two-way street. In the case of Stoner, perhaps he can really cash in if he becomes a free agent, so it’ll be interesting to see what happens in the next few weeks. If the Wild loses Stoner, it could change the team’s offseason path because it would need to find physicality to a blue line that doesn’t have a lot of it. GM Chuck Fletcher reached out to Stoner’s agent for the first time Thursday.
“Players have to decide whether they want to come back and then if they want to come back, usually the market is somewhat transparent,” Fletcher said.
Dany Heatley and Mike Rupp will move on. So likely will Matt Moulson. He helped the Wild get into the playoffs with some huge goals down the stretch, but he was largely unproductive and hurt in the playoffs. The good thing is the Wild’s at a juncture where it has so many kids here locked and more coming and so many guys on long-term deals that it can afford to take draft-pick swings like it did at this past trade deadline in future years, too. With Darcy Kuemper, Josh Harding and Niklas Backstrom all under contract, there’s just no room currently for Ilya Bryzgalov (I’ll write more about the goaltending situation later this month, but as of now, there’s not a lot of flexibility and Kuemper, Harding and Backstrom are the guys and the Wild may just have to bank again on two of them always being healthy). The Wild likes Nate Prosser, but if you look at the depth chart, the role Prosser will continue to play here is an in and out defenseman. So Prosser is expected to test free agency in an attempt to become a regular elsewhere. If there’s not a job to his liking, the Wild may be interested in re-signing him next month (barring jobs being full).
2) Of the Wild’s restricted free agents, Kuemper, Nino Niederreiter, Justin Fontaine, Jason Zucker and Jon Blum will soon be tendered qualifying offers to retain their rights. Kuemper, Fontaine and Blum have arbitration rights. As I’ve mentioned before, some of the RFA’s in Iowa won’t be retained. My guess is the most well-known name cut loose will be 2008 first-round pick Tyler Cuma. Fletcher said, “If a kid doesn’t have a chance with us, I don’t want to bury him. Let him go somewhere else for a shot.” Let’s be honest: That’s Cuma. With the guys on the big club and Matt Dumba, Christian Folin, Gustav Olofsson and others developing, he has just got no shot.
3) The Wild spent much of the meetings trying to project what production will come from Mikael Granlund, Charlie Coyle, Nino Niederreiter, Erik Haula and others up front and Jonas Brodin, Marco Scandella, Jared Spurgeon and even Folin, Dumba, Olofsson, etc. on the back end in future years. The Wild tied for 24th in the NHL this past season in goals for (199 non-shootout). That’s 33 more than a few years ago, but even Fletcher called that season “horrific” and said it’s imperative the Wild improves offensively in a conference where there are so many good teams. So the determination last week is while the kids will continue to grow offensively and be a big part of the building of this franchise, for the short-term at a minimum, the Wild feels there’s still room to add a veteran to help improve the offense.
But if these kids will be better and score more in two or three or four years than a player the Wild’s signing to big money, then a long-term deal for a 30-something may make less sense.
Fletcher says the Wild’s at a stage in its growth because of its improved depth and youngsters that it doesn’t have to chase players. It can afford to be patient, he says, if the right move doesn’t present itself.
Via trade, there’s a certain acquisition price the Wild is willing to pay. After trading his first-round pick last year in the Jason Pominville swap, Fletcher would prefer not to do so again. The Wild chooses 18th in the June 27 first-round and doesn’t currently own a second on June 28. Any trade for a proven scorer may necessitate a first-round pick being dealt, so if Fletcher stands firm on not trading his, it could take Minnesota out of the running for any of the big names via trade.
Fletcher also wants to avoid trading the “kids we worked so hard to accumulate.” In other words, he would prefer not to trade the Granlunds, Coyles, Ninos, Haulas, Dumbas, Olofssons, etc.
Via free agency, the Wild has to make sure it can afford to re-sign all of its kids. While it has a ton of cap space this year, Granlund, Coyle, Haula, Brodin, Scandella and Folin all have expiring contracts next summer. So, as Fletcher said, “We want to be a little bit careful. It’s easy this year to just go out and add a guy, but unless it’s a one-year contract, you have to be pretty mindful.”
You will hear this term a lot leading into free agency: There is a “price point” the Wild is willing to reach for certain players. Thomas Vanek is no longer a given. Four or five months ago, I think it was a given. But the bright future that many of the kids provide the Wild coupled with Vanek’s tough postseason with Montreal has changed things.
The Wild has a lot of players 28 and older, a lot of players 24 and younger. You don’t want to get too many players north of 30 on long-term deals, so there’s a specific price point I think the Wild’s willing to reach with Vanek. I don’t get the impression the Wild’s willing to sign him to a long-term deal anymore. Vanek will have good options in free agency, so is he really going to sign in Minnesota for two or three years? Hard to believe, especially after reportedly turning down a seven-year, $49 million deal with the Islanders. While that contract probably won’t be on the table with any team anymore, he certainly should still be able to get decent term of four or five years with some teams.
Some fans who email me or tweet me are clamoring for Paul Stastny. He was outstanding against the Wild in the playoffs and his competitiveness and work ethic would be a perfect fit in my opinion on a Wild team who’s M.O. at a minimum in the playoffs was hard work. BUT, he will command bigtime money and term AND I still believe he’ll re-sign in Colorado once the Avs figure out a way to move some money in the next few weeks.
Gaborik likely will re-sign with L.A., so stop asking.
On defense, the most intriguing name is Matt Niskanen. He’s a good Minnesota boy, and if he doesn’t re-sign with Pittsburgh, the Wild would have a terrific chance to sign him. But he is coming off a career year and is only 27, so he will be looking to cash in on a long-term deal.
There’s two ways to improve offensively if you’re Fletcher: Getting a scoring forward or an offensive blue-liner. “We’ll look at both,” Fletcher said.
Fletcher sounds more comfortable with his top-four (Ryan Suter, Brodin, Scandella and Spurgeon) than last summer when the group was more of an unproven commodity, especially Scandella … and Brodin going into his sophomore year. Now Fletcher knows what to expect from this group: “If we go with those four guys as our top four, there’s more certainty from my standpoint in terms of knowing what they’re able to do versus last year, and last year worked out OK.”
And with Folin maybe on next year’s team (big right-shot D who can hammer the puck) and Dumba (right-shot D in the future who can hammer the puck) and Olofsson coming down the pike, maybe it makes more sense to try to sign an offensive defenseman on a one-year deal or a two-year deal (Dan Boyle, whom Fletcher knows from his days in Florida and I don’t think will be signing with the Islanders) than Niskanen on a long-term deal.
If you get a defenseman on a short-term deal (Boyle or somebody else), by the time his term is up, Dumba and Olofsson should be ready to step right into the Wild lineup. In other words, signing a veteran to a short-term deal gives the Wild a stopgap to develop the kids.
That may be the way they’re leaning. If you sign Niskanen to a long-term deal, it changes the Wild’s path a good chunk. Eventually the Wild would likely have to trade one of the kids it so believes in because after all, there’s only six defensemen that play on a nightly basis.
In fact, this could be the same philosophy at forward. Sign a veteran forward that can help offensively for two or three years and by the time that player’s contract is up, the kids are starting to hit that mid-20s age range that the Wild has almost nobody at currently.
“This is the first time really in a few years we’re returning a lot of players that have pretty well-defined and good roles on our team,” Fletcher said. “There’s not nearly as many question marks. There have been some years where we had to go out and do something at a certain position. This year I think we can look at ways to upgrade the team, and if we do so, great. But if we need to be more patient and wait to the end of the summer or into the season or even next summer, we have that flexibility.
“Clearly, our young guys are going to have to be a big part of this, but whether it’s this summer or sometime in the future, we certainly anticipate getting into the trade market or free-agent market.”
I’ve used a lot of words above to try to convey what Fletcher says succinctly below:
“In previous years, we had to do something because there were positions we had to address. This year, it’s all about getting better and if something doesn’t make sense, we can wait and save our cap space for whatever – August, November, trade deadline or next year. There’s risk in doing that, but there may be less risk in doing that than making a bad deal just to make a deal.”
4) It’ll be interesting how Fletcher conducts himself at the draft. As you know, Fletcher has a history of small (acquiring Kyle Brodziak) or gigantic (Brent Burns for Devin Setoguchi, Charlie Coyle and a first) trades at the draft.
The Wild’s in a different position this year though than in recent drafts.
Last year, the Wild had a highly tradable commodity in Cal Clutterbuck. As you know if you read the coverage leading up to last year’s draft, it was all but certain Clutterbuck was being traded last June. The Wild could have traded him for years but waited until his RFA year where it needed to decide whether to commit to him long-term. Clutterbuck got the Wild Niederreiter. Also last year, the Wild was looking to unload cap space to become cap compliant thanks to the sinking cap because of the lockout. So it was working to trade Tom Gilbert (eventually used a compliance buyout on him) and was working to change the personality of its team by dealing Setoguchi. The Wild wasn’t able to do so at the draft, but when certain teams missed out on free agents, Fletcher was able to trade Setoguchi to Winnipeg last July and in turn sign Matt Cooke.
“I’m not sure we have that player [to trade] this year,” Fletcher said.
This year, the tradable commodities are mostly guys the Wild has no desire to trade. It’s not moving the veterans on long-term deals (including Mikko Koivu, Fletcher says), it’s not trading its budding youngsters (the kids mentioned above). Now, all the kids in the organization can’t all play here. Just like Johan Larsson being thrown into the Pominville deal, there are kids – maybe the Jason Zuckers or some of its kids in the minors or in juniors – that could potentially be on the move if Fletcher chooses to go the trade route.
If the Wild can trade a rehabbing Backstrom and unload the final two years of his contract by retaining salary and cap space, it would almost certainly do so. There’s a reason the Wild ad nauseum lately has been saying publicly that Backstrom is feeling better than he has in years. Brodziak has one year left on his deal and almost certainly will start next season as the Wild’s fourth-line center, so he is on the trading block.
But as of now, I wouldn’t expect a splash via trade (although Fletcher has surprised us before). We’ll see. I know Fletcher said he’s looking forward to seeing which players – expected and unexpected – hit the market in the next two weeks. There will be some big names on the move at the draft this year (Jason Spezza, maybe Mike Richards, maybe Joe Thornton, maybe Ryan Kesler; Wild’s reportedly not on his trade list, maybe, dare we say, Nick Leddy!).
“I don’t know what we’ll end up doing,” Fletcher said. “There’s teams really actively looking to do things. If that happens where there’s a trade and then another trade, that just gets the ball rolling and gets the market juiced up and suddenly there’s players available you didn’t even know would be available. I’m looking forward to the next two weeks to see what’s out there.”
5) The NHL schedule is expected to be released June 22. As of now, that Dallas-Wild outdoors came at Target Field may not come into fruition for this season. I hear the Wild, by the way, has a pretty difficult October with a lot of road games.
6) I’d suspect the Wild heads to Duluth to end camp like the previous two seasons.
7) The assistant coaches are expected to get their new contracts wrapped up the week of June 22 because Fletcher is traveling this upcoming week.
8) Fletcher said as of now, he’s not planning to use his second compliance buyout. That buyout window begins in a few days.
9) Draft and free agency coverage will begin to ramp up the week of June 22. The draft should be fun this year. It’s so late, the new free agency interview period in the NHL will be draft week, meaning theoretically, with the entire league in Philly, agents could line up free-agent meetings with teams in Philly.
Earlier this week, columnist Chip Scoggins and I sat down with Wild owner Craig Leipold for the first time since the Wild's season came to an end in the first round against the Chicago Blackhawks. Here is the Q&A:
Q: Now that you’ve had time to reflect on the season, do you look back on it?
Leipold: I would say success. Clearly moved forward, got better [but] feel a little empty. I feel like we didn’t accomplish what I thought we had the ability to do. I believe our team and all of our employees kind of feel the same way. We had progress and we should be happy. We made the playoffs and that’s great. That’s the first step. We always knew that was going to be the first step. We accomplished that. But there’s a feeling like we didn’t quite get to the next level. So everybody is pretty hungry for next season. No one went home, back to Canada or Europe feeling like they achieved the objectives that they wanted when we started the season.
Q: Why did you decide to retain Mike Yeo and Chuck Fletcher?
Leipold: Because I think we’re on the right course. I absolutely think we’re on the right course. Everything that is happening in the locker room is really positive. The exit interviews with the players were good. They feel like the communication is great in the locker room, the leadership is good. Yeah, there are some changes that we’ll probably look at for next year and that’s good because we need to get better. But I think all the players are still excited about the direction that we’re going as a team. I don’t think anybody is really questioning our leadership in the locker room or in the hockey [operations].
Q: You mentioned that empty feeling. Does that come from the financial aspect that you made?
Leipold: It’s not for the business side. The business side we were great. Honestly, yes the lockout cost us money. It cost every team money in the short term for the first season. Going forward, we’re going to be seeing the benefits of that financial investment. The lockout was costly for the first year, but the ticket sales were incredible. The sponsors came back in droves. We couldn’t be more happy with what the reaction was from our fans. So we feel good about that and we achieved all our business objectives. From the hockey ops side, our objective was to make the first round. That was our budget. That’s where we wanted to go. We did that. So we should feel [like], ‘Yeah, we did it. That’s great.’ But we were better than that.
I think everybody kind of senses that. Every team has bad breaks. We had some really tough breaks at the end of the year. Jason Pominville going out and Heatley, two big scorers. With Jason Pominville, we still really don’t know what we have. We’re excited about bringing him back in next season and being a very active part of our offense. Heater we know has the ability to throw up 25 goals and he’s typically a guy who plays 82 games a year. Unfortunately, he had the shoulder problem and that cost him the rest of the season. The issue with Backstrom at the end of the year was a really bad break. Really bad break. That stuff just doesn’t happen. That’s like a movie. So those are some of the reasons we feel like we just didn’t have the breaks. But we also didn’t achieve what we thought we could do.
Q: How much does Koivu need to rehabilitate his image here?
Leipold: I think people need to understand what Mikko’s role is. He’s an unbelievable leader. He’s a great player. He wants to win more than anyone else. But the first line versus the first line of Chicago, the first of Chicago didn’t do anything either. Toews, I don’t think he had a goal against us. Other than I think was one power play goal that Hossa had, I don’t think the first line got any points for Chicago. That’s what our first line did to stop their first line. I think if you look at the first line of Chicago, that is one powerhouse line and we shut them down.
[Koivu] is a great defensive-offensive player and he showed that. He certainly doesn’t have to rehabilitate his image in our business. Yeah, he didn’t score. He can have droughts like that. His real expertise or real skill is to be a leader on that first line. He’s got to do two things: shut down their offense, and he did that unbelievably well. We need to score more. We didn’t do that so we need to work on that part of it.
Q: Are you concerned about Backstrom's age or level of play?
Leipold: We had unfortunate situations with our goaltending corps. And it caused us to really use Niklas a lot. I would say we probably played him too much at the end. I think we can sit back and say, when you’re playing the last 20 games, that’s pretty tough, particularly when every game is so important and so stressful. But that’s just the way the situation was for us. Last year was not one of his best years and we think we may have overplayed him. That would be one of the reasons. But he’s a good goalie. There’s a lot of teams in this league and a lot of teams in these playoffs that would like to have him. What’s available on the market? I don’t know, but we know Niklas is available and we know exactly what kind of player he can be and we know what he can do. He keeps himself in incredible shape. We are not uncomfortable with Niklas Backstrom as our No. 1 goalie.
Q: How much patience will you have next season? Whether you like it or not, every list of coaches on the hot seat, Mike’s name will be near the top.
Leipold: I don’t know why that would be.
Q: Because you spent a lot of money and people think you underachieved this year.
Leipold: We didn’t achieve the goals that we wanted so I guess there’s a lot of ways to characterize that. I can just tell you that we like Mike. He’s our guy. If some list puts him on the hot seat, that’s just people doing that. That’s not going to affect us.
Q: This is going to be Chuck’s fifth year. When do you feel like this team needs to make a big jump?
Leipold: There’s no question the team made progress last year. We feel great about the players. The players that we have on our roster right now, the prospects that are ready to come up. We feel good about all that. I’m certainly not going to say, ‘Well, what if, what if?’ Who knows? If you were to lose three or four players throughout the year, particularly two of your key players, there’s a lot of factors with what you do with staff. I can only tell you right now absolutely that Chuck and Mike are our guys, they’re taking us into the future and I feel really comfortable with both of them.
Q: Will you make another aggressive move on July 4?
Leipold: I don’t know how we can. The cap situation certainly does limit us. The moves that we made last summer were strategic and long-term. No one can make those kind of splashes unless they just like to make splashes.
Q: Do you like to make splashes?
Leipold: Only if I think it’s strategically good long-term, not for the sake of just getting into the playoffs for a one-year deal. As an example, Jason Pominville is a good example of that. I know when we were out in San Jose, and Chuck was talking about Jason Pominville, it was, ‘This guy’s a great leader, he’s a natural scorer, he’s great on defense, he’s the kind of person that we’re trying to build our team around. Other players respect this guy.’ So he was brought in not just because we needed him at the end of the year or wanted him but because we would like to have him longer-term. Fortunately, we’ve got him this year again and we’d like to think that maybe he likes it here well enough that he’d like to stay.
Q: The price for Pominville was exorbitant. Was that Chuck or was that you saying, ‘we’ve got to get into the playoffs and get somebody?'
Leipold: One hundred percent Chuck and Brent [Flahr, assistant GM]. Yeah, 100 percent Chuck and Brent.
Q: Does it concern you now the price that was given up (Johan Larsson, Matt Hackett, a first- and second-round pick) compared to the outcome of the season?
Leipold: Only after the fact does it always concern you (laughs). Now that we’re talking about the draft coming up, you’d sure like to have that No. 1 pick. But on the other hand, you just remember, we got Jason Pominville coming in. It’s expensive at the time. We went out and brought Jason in and unfortunately a real questionable hit by Dustin Brown took him out for what was really the rest of the season. That’s just unfortunate because I think he could have been a great contributor in the playoffs. He got back, but he wasn’t himself.
Q: How important is it as an owner to show your team or your fan base a willingness to go for it?
Leipold: It probably appears as if I’m always willing to take the team to the cap. The fact of the matter is we have a business and everything we did last summer were for two reasons: making the team better and completely changing the image that the Wild have in this market. We needed to change our business model, which attendance-wise was going down, down, down, down every year until we made that change and flipped it right back up.
Q: What do you think the image was?
Leipold: Complacent. That the team was getting complacent, that we weren’t building it fast enough. The prospects at the time, we think were good and as you recall, we were really selling that. But those prospects, that’s three years from now and it wasn’t going to be fast enough. So that’s the reason we made the big splash.
Q: Did you have an epiphany where you said we’re changing now?
Leipold: There was no epiphany. You could just see our numbers. It was just going down every year. You could sense it in the excitement level of our fans and what our fans were telling us. And we knew it. We’re fans, too. We knew exactly what was happening. We made the decision strategically that we needed to get better, that we had the cap space, and by spending the money to get those guys, we were investing it to generate more revenue by selling tickets and sponsorships. I can tell you that the plan worked. And yes, they cost us a lot of money, but we also received returns from that. So we don’t have any second thoughts of that decision that we made to get both of those guys. They did everything that we could have wanted them to do.
Q: When you look at the playoffs now, do you feel you’re still a long ways away?
Leipold: You know it’s really funny, it’s really interesting how playoffs go. Yes, we’re not like a Chicago Blackhawks. We’re not that deep. We don’t have the first, the second, the third and the fourth line those guys have. So that’s one of the things you identify. The importance of those lines, the importance of size. Yeah, we’re a couple players off, but we’re not that far off. I do believe that. … People that are saying we are far away from winning the Stanley Cup, I don’t think you’re looking at all of our players individually and what kind of team we can have if players step up and have the kind of year that they believe that they can have.
Q: Because of the limited cap this summer, do you feel Chuck will need to get aggressive on the trade market so you’re not standing pat?
Leipold: Everything’s on the table. I don’t think any team can come back with the same team. … If you don’t win it, you have to do something to make yourself better. And I’ve got all the confidence in the world that Chuck is trying to do that and I think he’ll accomplish doing that. I can’t tell you how or what players. I do know we love all of our players and every time you think about just ‘what if we don’t re-sign this guy or what if we trade that guy,’ we all go, ‘Man, we’re going to have a hole when that player leaves.’ But that’s Chuck’s job and he’s been pretty good at that.
Q: How long after a series like that do you decompress?
Leipold: I just kind of stayed home and went up to the cabin for about five days. Family was there, so you kind of get away from it. The problem is I’m watching every single game because they’re so good. I mean, my gosh, they’re really exciting games. This one, I just felt like there was bad karma going into it, when you start out with Backstrom going out, show me another team that could survive that. … Things have to work out for you, and I would definitely agree the stars had to really line up for us. We had to have an unbelievable goaltending effort throughout the series no matter who our goaltender is in order to win that.
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