In 1996, a 32 year old Dallas, Texas businessman John Spano reached an agreement to purchase ownership of the New York Islanders. His time as owner was short due to an illegal, fradulent run as owner of the team.
According to Katie Strang of ESPN, New York Islanders prospect Nino Niederreiter is seeking a trade from the organization.
Niederreiter has currently been playing for the Isles farm team affiliate, the Bridgeport Sound Tigers after dressing for 55 games with the Islanders during the 2011-2012 season. While in the NHL, Niederreiter scored one goal and was a -29. He primarily played on the fourth line with Jay Pandolfo and Tim Wallace (Photo Credit: Robert Kowal/Flickr).
He has arguably been the best player for the Sound Tigers this year. In 39 games played he has scored 19 goals and 17 assists for 36 points. He also leads the team with 122 shots on goal and eight power play points.
The NHL submitted their latest proposal today to the NHLPA, promoting a 50/50 split between the owners and players in regards to hockey related revenue, which might become the major turning point in these negotiations. (Photo Credit: Lighthouse_li/Flickr)
To make the proposal even more intriguing, this year's season was still based on 82-games with the 2012-2013 season starting on November 2nd. Bettman's original request was for the player's percentage to be dropped from 57% to 47%. Splitting the revenue 50-50 did not seem to be in the cards for the Commissioner of the NHL. This dramatic turn of events has sparked a lot of interest in fans.
It was reported by TSN that Deadspin revealed that the league hired the research market firm, Luntz Global to conduct a focus group yesterday to find a better way to get the league's message across after examining the fans reaction to the lockout. Whether or not this had a major effect on today's news is uncertain, but it might have given the NHL that extra push that they needed to get a deal done.
And now, for the first time in months, there might be light at the end of the tunnel.
As recently as this month, ESPN announced their list for the ‘30 for 30’ series which is a well done show that takes a deeper look into sport related issues. On this list, to everyone’s surprise, was the situation between John Spano conning the Islanders in an attempt to purchase the franchise.
In short, due to the NHL's limited financial background checks at the time he was able to swindle a whole franchise and league! John Spano made himself seem worth more than he actually was while both the league and team stood by.
While most fans are familiar with this situation, some young fans will be surprised of the turmoil that went on during this time in the mid 90s.
The National Basketball Association (NBA) is going through what the NHL went through in 2005. Their Collective Bargaining Agreement was up and the owners and players could not find any even ground to settle on a deal. Therefore, in 2005 the NHL canceled it's season completely.
The NBA has been in meetings to discuss potential deals, but there doesn't seem to be any progress being made. They keep cancelling games weeks at a time, but haven't scrapped the whole season yet.
Is the NHL in a position to draw some interest in the sporting world with basketball being on hold? You bet, but will it actually happen? No.