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Round 1 of the 2025 Stanley Cup playoffs is hitting the nitty-gritty stage, as elimination games will be coming from all corners of North America this week.

The storylines are many, from goaltenders being pulled and trying to regain their form to heavy hits stirring emotions even more than they already were.

ESPN reporters Ryan S. Clark, Kristen Shilton and Greg Wyshynski identified their top takeaways as all 16 teams remain alive — at least for the time being.

Read more:
Full schedule
Intel on all 16 teams
Top 50 players
Wyshynski’s bracket
Contender flaws

Are Connor Hellebuyck and the Jets in trouble … again?

Even with their Game 4 loss Sunday to the St. Louis Blues, the Winnipeg Jets are tied in their series as they look to get out of the first round for the first time in three seasons. But things aren’t trending well for Winnipeg as two-time Vezina Trophy winner Connor Hellebuyck again received an early exit.

In Game 3, Hellebuyck allowed six goals on 25 shots before being pulled, then gave up five goals on 18 shots Sunday. Watching how Hellebuyck would respond to being pulled in Game 3 was clearly a point of interest.

Every Western Conference series has seen one goalie have an early departure. This started with Stuart Skinner being removed in Game 2 in the Oilers’ 6-2 loss to the Los Angeles Kings, while Thursday saw both Hellebuyck and Vegas’ Adin Hill get yanked in their team’s defeats. It happened again Saturday with the Stars relieving Jake Oettinger to start the third period in their 4-0 loss to the Avalanche.

Hellebuyck’s recent history with trying to bounce back from consecutive playoff defeats has been an issue. After he won the opening game in last year’s first-round series, he and the Jets lost four straight. The same thing happened in 2023 when they faced the Golden Knights. In 2021, Hellebuyck lost all four of his starts against the Montreal Canadiens.

The last time Hellebuyck snapped a two-game losing streak in the playoffs came in 2019, when he guided the Jets to wins in Games 3 and 4 against, you guessed it, the Blues, who would go on to win the Stanley Cup that season. Hellebuyck needs to show he can turn things around — in a hurry. — Clark


There’s been no better “salt in the wound” moment in the 2025 postseason than Blues fans chanting “WE WANT CONNOR!” after Hellebuyck was pulled from Game 4 in the third period, having given up five goals on 18 shots.

Superior trolling. Winnipeg fans would be proud.

Why wouldn’t they want Hellebuyck back in the crease? He’s just the seventh goalie in NHL history to allow four or more goals in six straight road playoff games, a streak that includes series losses to Vegas and Colorado. He became the second reigning Vezina Trophy winner ever to be pulled in consecutive playoff games, joining the Flyers’ Ron Hextall in the 1988 divisional series.

Hellebuyck has a .817 save percentage and a 4.24 goals-against average in four playoff games. Over his last three postseasons, Hellebuyck has a 4-10 record with an .866 save percentage and a 4.27 goals-against average.

Over his last three NHL regular seasons, Hellebuyck has 121 wins in 187 games with a .922 save percentage and a 2.29 goals-against average. That guy hasn’t even come close to showing up in the playoffs statistically.

Yet anyone that’s watched the Blues’ 16-goal parade against the Jets knows not all of this is Hellebuyck’s fault. “You watch the replays of the goals that went in and there are deflections, screens, pucks bouncing off us and in,” defenseman Luke Schenn said.

Screening Hellebuyck has been the path to success for teams in the playoffs. Around half of the Blues goals have come with traffic in front of him.

“If there’s people getting to the net, we’ve got to get them out of there before they get their screens. We’ve gotta box out earlier. There’s a lot of coverage stuff,” Jets coach Scott Arniel said.

Hellebuyck is a victim of his own domination. We expect the guy considered to be the best goalie in the world to be able to fight through screens and cover for defensive breakdowns.

Arniel was clear that he’s “100% confident” in Hellebuyck in the playoffs. “There are things that we have to do to help him and he knows he has to do things to help us,” he said.

But Arniel also said that if Winnipeg is going to win two out of the next three games, “our best players have to be better than their best players.” And there’s no question that Jordan Binnington has been the better goalie in this series than Hellebuyck.

On Monday, the NHL will announce the finalists for the 2024-25 Vezina Trophy, which Hellebuyck has won twice and will probably win again in June. It’s the award given annually to the best goalie in the regular season. Connor Hellebuyck is in real danger of having his career defined by what he’s failed to do after those initial 82 games. — Wyshynski


Ottawa has life — until Toronto proves it can close

1-12.

That’s the Toronto Maple Leafs‘ record in playoff elimination games going back to 2017.

It’s an unflattering figure, just like the Leafs’ 0-1 record in this series in attempting to close out the Ottawa Senators.

There’s that old cliché that the final win of a series is the toughest to get. The Leafs have spent almost a decade proving that’s true. And Toronto certainly had its chances to sweep the Senators into summer mode in Game 4 on Saturday night. The Leafs had a four-minute power play in overtime, albeit without John Tavares available after he exited earlier to be assessed for a possible injury.

Still.

Toronto was 5-for-9 with the extra man in the first three games of the series; the Leafs were 0-for-4 on the power play in Game 4. They gave up a shorthanded goal to Shane Pinto in the first period to boot. Not ideal.

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Jake Sanderson sends Ottawa fans into a frenzy with Game 4 OT winner

Jake Sanderson celebrates with his teammates after netting the game-winning goal in overtime for the Senators vs. the Maple Leafs.

Now, Ottawa is due ample credit for how it persevered to earn an overtime victory. The Senators went up 2-0 in the first period, only to see that lead evaporate by the second. David Perron put Ottawa up again and the Leafs tied it to force the extra frame. The Senators could have shrunk in the face of that daunting four-minute power play (with or without Tavares) and instead they stood tall. And Jake Sanderson‘s goal gave Ottawa the chance to play on.

Have the scales tipped in Ottawa’s favor? The Senators have nothing to lose here; they have the luxury of playing loose. Toronto is saddled with expectations born of too many prior postseason disappointments. But this Leafs team is built differently, right? And so Toronto can’t — or won’t — let one demoralizing defeat turn into two, will it? — Shilton


Maybe don’t challenge, coaches?

In the regular season, coaches who challenged scoring plays for interference won more than they lost, with a 56% success rate on 126 challenges. Which means the risk — getting a delay of game penalty if they’re wrong — was worth it.

That’s an acceptable risk in an 82-game season. But in a seven-game playoff series, you’ve got to be sure — and so far in the 2025 postseason, coaches would have been better off not challenging.

The first challenge was a somewhat desperate one from Edmonton coach Kris Knoblauch in Game 1 against the Kings. Defenseman Jake Walman was ruled to have shot the puck over the glass for a delay of game penalty. He was convinced that wasn’t the case, and the Oilers — trailing 5-3 at that point in the third period — backed up Walman by challenging the call. It was ruled there was “no conclusive evidence” that the puck went off the glass “after a thorough examination of all available replays.”

So Edmonton got a delay of game on top of a delay of game, although Los Angeles couldn’t convert on the ensuing 5-on-3 power play.

The other coaches weren’t as lucky. Tampa Bay’s Jon Cooper unsuccessfully challenged goalie interference on Nate Schmidt‘s goal that gave Florida a 3-1 lead in Game 1. The league ruled Eetu Luostarinen was making a play on the loose puck in the crease before Schmidt’s goal, which by rule isn’t interference. The Lightning were given a delay of game penalty. Matthew Tkachuk scored 14 seconds into the ensuing power play to make it 4-1 and put the game out of reach.

But the most ill-conceived challenge of the playoffs was from Kings coach Jim Hiller in Game 3 against Edmonton, seeking to overturn an Evander Kane goal that made it 4-4 at 13:18 of the third period. I’m still trying to figure out what they saw that inspired the challenge, and why the Kings would gamble with giving Connor McDavid and Leon Draisaitl a chance to break the tie by handing them a power play — which they did, when Draisaitl assisted on Evan Bouchard‘s eventual game winner.

“We got a good look at it. We took plenty of time. We felt it was goalie interference, so we challenged it. Sometimes you win and sometimes you lose on those. Tonight we lost, and it cost us big time. No other way around it,” Hiller said, stating the obvious.

So far in the playoffs, the cost has outweighed the benefit. — Wyshynski


Are the Golden Knights about to turn the corner?

Being a franchise in a championship window that already has produced a title is naturally going to spark a conversation about what can be done to win a second. For the Vegas Golden Knights? The whole has been greater than the sum of their parts, not that the parts themselves are to be taken lightly.

The Golden Knights won a Stanley Cup in 2023 by receiving contributions throughout their lineup. That’s exactly what happened Saturday in their 4-3 overtime win that was the difference between them being tied at 2-2 versus facing a consecutive first-round exit with an elimination game on home ice.

Look at how Vegas was able to win. Shea Theodore scored the opener on the power play with Nicolas Roy also scoring a power-play goal that tied it at 2-2. Adin Hill made the necessary saves that allowed the Golden Knights to navigate overtime before Ivan Barbashev scored the winning goal. All three goals were from players who hadn’t scored in the first three games of the series, while Hill rebounded from allowing four goals on 21 shots in Game 4.

Everything Barbashev, Hill, Roy and Theodore did speaks to how the Golden Knights can tap into their depth. Could Game 5 lead to similar results for star Jack Eichel and captain Mark Stone? Both players, who were held to no points entering Game 3, were also pointless in Game 4 but showed signs of promise considering they combined for 10 shots on goal. That’s the same number of shots they had in the first three games combined. — Clark


No love lost in the Battle of Florida

Of course it all starts with Matthew Tkachuk.

Florida’s feistiest forward already was giving Tampa Bay fits in their first-round series with three goals in the first three games. Then came another crushing blow — literally — when Tkachuk smacked Bolts forward Jake Guentzel at center ice and earned a game misconduct as Florida fell 5-1 in Game 3.

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Fracas ensues after Tkachuk’s late hit, Cirelli’s empty-netter

Matthew Tkachuk gets a five-minute major for a late hit prior to Anthony Cirelli’s empty-net goal.

Naturally, debate ensued over whether Tkachuk deserved supplemental discipline for the hit — Guentzel was in the process of passing the puck and had released it when Tkachuk made contact. There will be no suspension for Tkachuk — and how that decision will sit with the Lightning, well, we will find out in Game 4 on Monday night.

Players on both sides exchanged pleasantries following Tkachuk’s hit on Guentzel, and it was clear the physical ante was upped in more ways than one. The Lightning played a statement game Saturday, scoring five unanswered goals to get themselves back in the series. Now we can only wonder how the bad blood will seep into the rest of it.

Discipline is key in a long playoff run; it’s even more critical for Tampa Bay given the Panthers’ strong power play (30%) so far in the postseason. The Lightning getting that win and now being further bonded by the way Tkachuk leveled their leading playoff goal scorer adds new layers of intrigue to what lies ahead in this bout of Atlantic Division rivals. — Shilton


Everyone loves Tom Wilson (except those that hate him)

After their Game 4 win, Washington Capitals goalie Logan Thompson was asked how important teammate Tom Wilson was to the team’s success. Wilson was seated next to Thompson, who turned and grinned widely at the hulking forward.

“No need to make his head any bigger,” said Thompson, who then proceeded to further inflate it.

“He’s been huge for us. The heart and soul of this organization, right? When he’s making plays, big hits, we feed off that. Especially in our home rink, I think the whole building feeds off it. He’s a huge part of this team. We love him,” the goalie said, before expanding his arms to mimic Wilson’s head filling with praise.

Wilson deadpanned: “That’s it?”

Like Logan Thompson, there are many who love Tom Wilson. There are also legions of fans and opponents who loathe him for a history of injurious hits and other unsportsmanlike conduct. Montreal fans and players were not enamored with Wilson in Game 3 when he fought Josh Anderson in a brawl that spilled into the Capitals’ bench and then pretended to sob while calling out an unidentified Habs player as a whiner.

“Things escalated,” said Anderson after the game.

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Canadiens-Caps brawl spills into the bench at end of 2nd period

The Canadiens and Capitals close the second period with a massive brawl in which Josh Anderson and Tom Wilson spar into the bench.

Wilson was more controlled in Game 4 — by his own admission, he wanted to stay out of the box to make a difference on the ice and didn’t take a penalty in the game. In the third period, his impact was felt quite literally: Wilson demolished Montreal defenseman Alexandre Carrier with a center-ice check moments before the Capitals controlled the puck and Brandon Duhaime scored to tie the game at 2-2 with 13:21 left in regulation.

“It’s been a physical series both ways. Getting hit. Giving hits,” said Wilson, who added an empty-netter in the 5-2 win. “It was a big hit. The boys were able to score right after. That’s the way that hockey goes.”

Wilson has played in the postseason for the Capitals since 2012-13. He’s experienced the high of the Stanley Cup championship in 2018 and the lows of postseason collapses. It’s to Washington’s credit that they haven’t given oxygen to a Montreal upset bid, thanks to their Game 1 OT win on an Alex Ovechkin goal and their third-period comeback in Game 4 that gave them a 3-1 series lead.

“It’s a group that’s had different guys step up throughout the year. I don’t think there’s any panic when we’re down a goal. We believe in ourselves,” Wilson said. “We got it done. It’s really fun to come to the rink.”

No one’s scarier when he’s having fun than Tom Wilson. — Wyshynski


More to Landeskog’s Game 4 performance than just his goal

Any questions about how Gabriel Landeskog would fit into a Colorado Avalanche lineup that has dramatically changed since he last played nearly three years ago have been answered at various times this postseason. But in a 4-0 win over the Dallas Stars in Game 4 on Saturday, he provided a clear reminder of what the Avs had been missing.

Landeskog scored 11 goals and 22 points in 20 games when he led Colorado to the third Stanley Cup in franchise history in 2022. His goal and assist in Game 4 against the Stars pushed his career totals to 28 goals and 69 points in 71 postseason contests.

Part of what has allowed Landeskog to consistently find success within the Avs’ setup — whether scoring himself or setting up his teammates — is how he positions himself on the ice, from working in the corners to gain possession to finding a way to get in the slot. Those traits played a role in his one-timer from the slot, off a feed from Brock Nelson, that gave the Avs a 3-0 lead.

Yet the sequence that might have best summed up what Landeskog provides came on Samuel Girard‘s goal that gave Colorado a 4-0 advantage. Landeskog, who received a secondary assist, gave the puck to Nelson, who then found Girard. As Girard was getting ready to shoot, Landeskog went to the net front and battled with 6-foot-7 Stars defenseman Lian Bichsel to gain position and screen goalie Casey DeSmith.

Landeskog’s presence not only helped the Avs knot the series as the scene shifts to Dallas, it is a key element that could push Colorado onward as the playoffs continue. — Clark


Goalie clinic turned to controversy in Hurricanes-Devils

New Jersey’s run might already be done if not for goalie Jacob Markstrom. Carolina could hardly be this commanding if not for netminder Frederik Andersen.

That’s been a significant storyline in the series so far, how two top-tier goaltenders have held their respective teams in balance. In Game 4 on Sunday things took a turn, though, when Andersen was bowled over in his crease by Timo Meier and had to exit the game, being replaced by young Pyotr Kochetkov.

There was no penalty called on the play that sent Andersen to the locker room. And to add insult to injury, Meier turned around and scored on the incoming Kochetkov to narrow the Hurricanes’ lead to 3-2. Ouch.

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GK Frederik Andersen exits the game for the Hurricanes

Frederik Andersen exits the game after a collision, causing backup goalkeeper Pyotr Kochetkov to enter the game.

It’s no secret Andersen has had a rough go with injuries. He missed 39 games in the regular season following knee surgery and was finally appearing at full strength — and health — for the playoffs. Now his status is murky, and the Devils can take advantage — thanks in large part to the marvelous Markstrom.

New Jersey has had poor luck with its blueline health, playing without Brenden Dillon or Luke Hughes since Game 1 and losing Johnathan Kovacevic in Game 3, and it’s Markstrom who has made up for his club’s deficiencies. The veteran has stood tall against Carolina’s attack to give New Jersey every opportunity to take a lead — and hold it — but the Devils’ scoring woes (they had just five through the first three games) haven’t exactly supported Markstrom’s cause. No matter. The Devils goaltender has still produced an impressive .929 save percentage in the postseason, putting him just behind Andersen in that category atop the playoff leaderboard for starting goalies.

And Andersen has earned his place at the peak. He’s been rock solid for Carolina and closed the door on New Jersey time and again. Andersen’s heroics in Game 3 allowed the Hurricanes a chance to come back and win in double overtime. (His stop on Meier in the second period was particularly outstanding.)

The way these two have gone toe-to-toe is playoff goaltending at its best. We should be talking about who can sustain their excellence long enough to be the deciding factor in a series victory. Now it’s a question of who will be available for the Hurricanes going forward — Andersen or the upstart Kochetkov? The answer could have long-term implications for Carolina. — Shilton


Can the Oilers beat the curse of the Western Conference?

OK. Maybe “curse” is too strong a word in this case. However, being the team representing the Western Conference in the Stanley Cup Final has come with its fair share of issues over the last few postseasons.

It started in 2020 when the Stars won the Western Conference playing in the Edmonton bubble. They lost to the Tampa Bay Lightning and failed to make the playoffs the following season. Of course, there was no Western Conference champion during the 2020-21 season because of the pandemic.

Fast-forward to 2022. The Avalanche won the West and the Stanley Cup. But a year later, they were eliminated in the first round. In 2023, the Golden Knights captured their first title only to get knocked out in the first round in 2024. Entering the weekend, the Oilers were trailing 2-1 in their series against the Kings after losing the first two games in Southern California.

The Kings-Oilers series has been bizarre beyond the fact this is the fourth straight time they’ve played in the first round. A last-minute goal in a 6-5 thriller in Game 1 was followed up by the Oilers giving up six goals for the second consecutive game in a 6-2 loss, which was followed by another high-scoring contest with the Oilers winning 7-4 in Game 3. It’s a safe bet something else bizarre could happen, like the Oilers either falling prey to the curse or breaking it. — Clark

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Why did CFB move its transfer portal? What do coaches think? Is tampering a problem?

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Why did CFB move its transfer portal? What do coaches think? Is tampering a problem?

Transfer portal season in college football is officially moving to January.

The NCAA Division I Cabinet formally approved a significant change to the transfer portal process Tuesday, establishing a single offseason transfer portal window for FBS and FCS players Jan. 2-16, 2026, and eliminating the spring portal window in April.

What will this mean for coaches, players and roster management across the sport this offseason? Here’s a breakdown of what comes next.

What do coaches think of this change?

While head coaches have been wanting to see a single portal window in college football for years, they didn’t all agree that January is the best answer for the sport.

Ohio State coach Ryan Day told reporters it “doesn’t make any sense” that playoff teams will have to make decisions on next year’s roster while they’re still competing for a national championship.

Nebraska coach Matt Rhule said most Big Ten coaches wanted to move the portal window to April or May, citing the timing of revenue-sharing payments as another factor, because Nebraska pays its players from July 1 to June 30.

“We’re going to have players getting paid by two different teams in the same year,” Rhule said. “It doesn’t make any sense to me.”

SEC coaches came out in support of the January proposal, believing that it would ultimately be more problematic to put off these roster moves until the spring. They need to get their rosters set and their new players enrolled in January for offseason training and spring practice.

Several SEC coaches acknowledged it might not be easy for the last few teams in the College Football Playoff, but it’s the right change for everybody else.

“I’m sorry, there’s no crying on the yacht,” LSU coach Brian Kelly said.


Why is college football moving to one portal window?

The rules around the NCAA transfer portal have changed pretty much every year since it was first established in 2018. In 2024-25, college football players got a 20-day window to enter the portal in December and a 10-day window in April. Coaches have long been vocal about the negatives of the spring portal window outweighing the positives. College basketball has a single offseason portal window. The NFL has one big free agency period. Now college football does, too. We’ve seen contenders go get the final missing pieces for their upcoming season during the April portal window, and sometimes those last few needs don’t become obvious until a team goes through spring practice. Many players were able to earn big paydays in the most recent spring window simply because teams were desperate and eager to spend. Those are a few of the positives.

The negatives? Coaches, general managers and NIL collectives got tired of players signing deals in December and then asking for more money in April. Now that players are permitted unlimited transfers, they have a ton of leverage in the spring. The good ones can always get offered more money by someone else, and it’s not easy to replace starters who leave at the end of April. It’s worth noting, too, that coaches took advantage of the spring window to run off underperforming players and free up more scholarships.

The Nico Iamaleava drama at Tennessee earlier this year shined a brighter spotlight on these issues, and it can happen anywhere. There will inevitably still be plenty more disputes around NIL compensation between players and schools this offseason, but moving to a single portal window ideally means most of them get resolved by the end of January.


Why is the window moving from December to January?

In recent years, the transfer portal window has opened in early December on the Monday after conference championship games and bowl selections. That timing was logical from the standpoint that players are ready to move on to their next school at the end of the regular season. They’d have a few weeks to go through the recruiting process, take official visits and decide where they’d enroll in January.

For coaching staffs, though, the month of December is brutal. They’re juggling roster retention and transfer recruiting with the coaching carousel, high school signing day, and bowl practices and games. Earlier this year, FBS coaches held their annual AFCA meeting in Charlotte and emerged in agreement that it was time for portal season to move to January.

A major talking point at that time was the fact some players were leaving College Football Playoff teams to focus on their transfer process. Texas backup quarterback Maalik Murphy made that choice during the 2023 season, and Penn State’s Beau Pribula did the same in 2024. Some CFP teams did let players in the portal stay with the team to finish out the season, but coaches generally agree it’s unfair for players to be put in that predicament.


Can players enter the portal before Jan. 2?

All FBS and FCS players — including graduate transfers — must wait until Jan. 2 to officially enter the transfer portal and initiate contact with other schools. Grad transfers were previously allowed to enter the portal early but won’t be able to this offseason.

There is still an exception for players at programs that go through early coaching changes. UCLA, Virginia Tech, Oklahoma State and Arkansas players were given a 30-day window to enter the portal after their head coaches were fired in September. The D-I Cabinet changed that rule earlier this week, too. Now if a school fires its head coach before or after the January portal window, players will get a 15-day window to transfer that opens five days after the school has hired or announced its next head coach.

We’re already seeing players decide to redshirt and leave their teams with the intention of entering the transfer portal after the season. Their agents are already in contact with GMs at other schools, but the players won’t be able to communicate with coaches or visit schools until January.

We’ve seen a few unique cases, though, that prove players can circumvent the portal to transfer to another school. Miami cornerback Xavier Lucas and Tulane quarterback Jake Retzlaff unenrolled from their former schools and joined new teams this offseason without officially entering their names in the portal. Players technically cannot be recruited unless they enter the portal during the window, but it’ll be interesting to see how many players still transfer after the January portal window closes and how they attempt to do so.


When do players on College Football Playoff teams transfer?

This year’s College Football Playoff semifinals, the Vrbo Fiesta Bowl and Chick-fil-A Peach Bowl, will be played Jan. 8 and 9, respectively. Players on the losing teams will still have time to make moves before the portal window closes Jan. 16. But what about the teams still playing for the national title?

After the CFP National Championship game Jan. 19, players on those final two teams will have an opportunity to enter the transfer portal Jan. 20-24. We did see some activity after last season’s national title game, with six scholarship players from Notre Dame and four from Ohio State hitting the portal after their season was finally over.

The FCS national championship game is scheduled for Jan. 5, so the timing of the January window won’t be an issue for FCS players.


How much tampering will happen before January?

Short answer: an absurd amount.

Coaches might say they want a January portal window, but nobody is actually waiting until Jan. 2 to start pursuing transfers. Now that these players are repped by agents, the reality is these recruiting processes begin with conversations between agents and GMs throughout the season.

Last year, as schools prepared for the first year of revenue sharing in college athletics and general managers began taking the lead on contract negotiations, the agent-GM relationship became critical. Agents were already shopping around their clients in November. GMs were re-signing their returning players over the final weeks of the regular season before the portal opened. In many cases, by the time players were officially in the portal, they already had a good idea where they were going.

Though these programs were already operating with no fear of NCAA enforcement around tampering, they’re now going through the agent to persuade the players they’re hoping to add via the portal. One interesting element of this upcoming portal cycle to keep an eye on: Will we see more players signing with schools they’ve never visited? So many of these recruitments are likely to be wrapped up well before Jan. 2.


Will fewer players transfer this offseason?

The total number of offseason transfers has increased every year, and there was no reversing that trend once the NCAA had to abandon its one-time transfer rule last year. During the 2024-25 school year, more than 4,900 FBS players and more than 3,200 FCS players entered their names in the transfer portal.

The transfer windows were open for a total of 60 days when they debuted in 2022-23 and have been reduced to 45 days in 2023-24, then 30 last year and now 15. If the elimination of the spring transfer window does lead to fewer players transferring this offseason, coaches and administrators will consider that a major win. But it’s important to note the role revenue sharing will play, too.

Power 4 programs investing $10-15 million (or a lot more) on their rosters have the funds to bring back the players they don’t want to lose. Players can now sign multiyear deals with schools, too. These agreements are not exactly binding and won’t block players from transferring, but schools are hoping the commitments they’ve made to these players will help with retention.


Will these changes lead to more lawsuits?

Yes. Attorney Tom Mars predicted that “experienced antitrust lawyers will be at the courthouse before the sun comes up” if the NCAA moved forward with adopting the 15-day January window and eliminating the spring transfer window, arguing that these reforms will have concerning anticompetitive effects that limit player mobility and can’t be justified when less restrictive alternatives exist.

Preliminary injunctions from federal courts brought the end of the one-time transfer rule and forced the NCAA to halt its investigations into collectives and third-party NIL deals, and the NCAA is currently facing several eligibility lawsuits. The NCAA and conference commissioners have been lobbying Congress for years and are hoping the SCORE Act can provide antitrust protections if it can get passed. For now, though, it’s a safe bet that we’ll see legal challenges to the new transfer rules in the months ahead.

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Sources: Big Ten closes in on private equity deal

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Sources: Big Ten closes in on private equity deal

The Big Ten is closing in on voting on a private capital agreement that will infuse league schools with more than $2 billion, industry sources told ESPN.

There’s been momentum within recent days for the deal to push forward, and the structure of the complicated agreement is coming together. A vote is expected in the near future, per sources.

The framework calls for the formation of a new entity, Big Ten Enterprises, which would hold all leaguewide media rights and sponsorship contracts.

Shares of ownership in Big Ten Enterprises would fall to the league’s 18 schools, the conference office and the capital group — an investment fund that’s tied to the University of California pension system. Yahoo Sports first reported the involvement of the UC investment fund.

The pension fund is not a private equity firm, and the UC fund valuation proved to be higher than other competing bids. This has been attractive to the Big Ten and its schools, according to sources.

A source familiar with the deal said there’s been momentum in recent days, but the league is still working with leadership to make a final decision.

The exact equity amounts per school in Big Ten Enterprises is still being negotiated. There is expected to be a small gap in equity percentage between the biggest brands and others, however it is likely to be less than a percentage point.

ESPN reported last week that a tiered structure is expected in the initial allocation of the $2 billion-plus in capital, with larger brands receiving more money. Each school, however, would receive a payout in at least the nine-figure range, sources said.

The deal would call for an extension of the league’s Grant of Rights through 2046, providing long-term stability and making further expansion and any chance league schools leave for the formation of a so-called “Super League” unlikely.

Traditional conference functions are expected to remain with the conference. Any decision-making within Big Ten Enterprises would be controlled by the conference. The UC pension fund would receive a 10% stake in Big Ten Enterprises and hold typical minority investor rights but no direct control.

The money infusion is acutely needed at a number of Big Ten schools that are struggling with debt service on new construction, rising operational expenses and providing additional scholarships and direct revenue ($20.5 million this year and expected to rise annually) to athletes.

The Big Ten has argued that the deal would alleviate financial strain and help middle- and lower-tier Big Ten schools compete in football against the SEC.

ESPN first reported last week that the league was in detailed conversations about the deal.

Big Ten Enterprises would be tasked with not just handling the league’s valuable media rights (the current seven-year, $7 billion package runs through 2030) but trying to maximize sponsorship and advertising deals leaguewide such as jersey patches or on-field logos.

“Think of it this way — the conference is not selling a piece of the conference,” a league source told ESPN last week. “Traditional conference functions would remain 100 percent with the conference office — scheduling, officiating and championships. The new entity being created would focus on business development, and it would include an outside investor with a small financial stake.”

The deal has not been without detractors, with both Michigan and Ohio State — the league’s two wealthiest athletic programs — expressing skepticism initially, per sources. Each school has been hit with significant lobbying not just from the league office but also other conference members to come to an agreement.

Politicians in a number of states have also voiced opposition, including United States Senator Maria Cantwell (D-WA) who stated Thursday, “You’re going to let someone take and monetize what is really a public resource? …That’s a real problem.”

Cantwell followed up Friday by sending a letter to each Big Ten president warning that any deal involving private equity could invite review, including impacting the schools’ tax-exempt status.

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MLB division series: How Mariners and Tigers can each win decisive Game 5, plus lineups and analysis

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MLB division series: How Mariners and Tigers can each win decisive Game 5, plus lineups and analysis

This is October baseball at its finest!

It’s time for a win-or-go-home Game 5 in the American League Division Series between the Seattle Mariners and Detroit Tigers at T-Mobile Park.

The Tigers, who entered these playoffs as the No. 6 seed, will look to ride their momentum from a dominant Game 4 win in Detroit on Wednesday to a second consecutive victory. The Mariners, the No. 2 seed with home field advantage, hope to secure their first trip to the American League Championship Series since 2001.

Which team will come out on top to face the Toronto Blue Jays for the AL pennant?

We’ve got you covered with pregame lineups and the keys to Game 5 along with takeaways after the final out.


Series tied 2-2

Game 5 starters: Tarik Skubal vs. George Kirby

Key to winning Game 5 for Seattle: In 1997, Hall of Famer Randy Johnson went 20-4 with a 2.28 ERA for the Mariners. One team, however, had his number: He started five times against the Orioles, including twice in the ALDS, and the Mariners lost all five games.

Skubal is the 2025 version of Johnson — and the 2025 Mariners seem to have his number. In his second start of the season, the Mariners beat him 3-2. In July, they scored four runs off of him in five innings, including a Julio Rodriguez home run, and won 12-3. In Game 2 of this series, Jorge Polanco homered twice as Skubal left trailing 2-0, with the Mariners eventually winning 3-2. Three Skubal starts, three Mariners victories.

Now, Seattle has to do it a fourth time, and the pitching staff will have to shut down the Tigers. It’s hard to string together hits against Skubal, so the Mariners will need to hit a home run or two (when Skubal doesn’t allow a home run this year, he’s 12-1). They won’t necessarily try to run up his pitch count — since they might try to attack early in the count and avoid his wipeout change — but Skubal has thrown more than 100 pitches just four times this season, so trying to do that and get him out after six innings is another potential path to victory. Mostly, the Mariners will need a hero to step up and beat the best pitcher in the AL. — David Schoenfield

Key to winning Game 5 for Detroit: Yes, the most-cited stat related to this series is Seattle’s 3-0 record when facing Skubal this season. That fact can be taken as a source of optimism (We have his number!) or anxiety (No way we beat that guy a fourth time!). But the Mariners have done a solid job of getting into hitter’s counts against Skubal and then doing damage once they do. At the same time, the Tigers haven’t scored in the early innings of any of those games, which has also been a problem during the postseason. Scoring a couple of runs early would be huge for Detroit and for Skubal, as it would allow him to attack the zone and avoid those hitter’s counts. I don’t really think the Mariners have Skubal’s number, but he’s not infallible. He does need his offense, however, to give him at least a sliver of a margin for error. — Bradford Doolittle

Lineups

Tigers

1. Kerry Carpenter (L) RF
2. Gleyber Torres (R) 2B
3. Riley Greene (L) LF
4. Spencer Torkelson (R) 1B
5. Colt Keith (L) DH
6. Zach McKinstry (L) 3B
7. Dillon Dingler (R) C
8. Parker Meadows (L) CF
9. Javier Baez (R) SS

Mariners

1. Randy Arozarena (R) LF
2. Cal Raleigh (S) C
3. Julio Rodriguez (R) CF
4. Jorge Polanco (S) 2B
5. Eugenio Suarez (R) 3B
6. Josh Naylor (L) 1B
7. Mitch Garver (R) DH
8. Victor Robles (R) RF
9. J.P. Crawford (L) SS

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