Originally posted on Fox - The Hockey Guy  |  Last updated 7/5/12

GLENDALE, AZ - APRIL 14: NHL commissioner Gary Bettman speaks during a press conference before Game One of the Western Conference Quarterfinals between the Detroit Red Wings and the Phoenix Coyotes during the 2010 NHL Stanley Cup Playoffs at Jobing.com Arena on April 14, 2010 in Glendale, Arizona. (Photo by Christian Petersen/Getty Images)
Yes, the new Blues ownership group will invest heavily in talent. Fans shouldn’t fret about that.The formerly cash-strapped franchise will sign some key players to really large and very long contracts. The Blues won’t have to go to commissioner Gary Bettman with hands extended just to meet operating costs.The Blues are no longer soul mates of the Phoenix Coyotes, operating in ownership limbo.But this team was never getting into the Ryan Suter/Zach Parise sweepstakes. Those matching 13-year, $98 million contracts the two free agents signed in Minnesota are in a realm this franchise isn’t prepared to enter at this time.This was not the time to make that sort of investment. And those were not the transformational talents worthy of costly lifetime deals.The Blues took a run at free agent Matt Carle, exactly the sort of No. 4 defenseman Armstrong would like to add for this season. But Carle was able to command a six-year, $33.5 million offer from the obviously desperate Tampa Bay Lightning. For more on the Blues, check out my story on STLToday.com.
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