The Carolina Hurricanes aren’t going anywhere — they’ve signed a 20-year lease extension agreement with the Centennial Authority and Gale Force Sports and Entertainment, according to a team release, keeping them at PNC Arena through the 2043-44 season. As part of the agreement, PNC Arena is poised for a substantial facelift, with plans to create a sports and entertainment district encircling the arena, which is rather secluded from downtown Raleigh as things stand.
"This development will transform PNC Arena into a year-round destination for residents while also improving the event day experience for Hurricanes fans, NC State fans and concertgoers alike,” said Hurricanes majority owner Tom Dundon.
It’s a significant investment coming from the local government, with a combined $300M from the City of Raleigh and Wake County. There’s also a fair amount of private money funneled into developing the land around the arena, which will include office space, living space, a hotel and a concert venue — a minimum of $200M investment within five years, $400M within 10 years and $800M within 20 years.
Elsewhere from the Eastern Conference today:
- Lance Lysowski of The Buffalo News tabs Jacob Bryson as the likeliest odd man out when it comes to their crowded defense during camp. Noting that his $1.85M cap hit isn’t fully buriable in the minors, a trade is more likely for the 25-year-old than placing him on waivers and assigning him to AHL Rochester. Bryson signed a two-year, $3.7M extension with Buffalo before last season after he played in a career-high 73 games, posting some solid two-way numbers in a bottom-pairing role. His momentum evaporated this season, however, and he was a defensive liability when given any increase in minutes, posting a career-low relative Corsi for at even strength of -2.3%.
- After flipping one asset acquired in the Erik Karlsson trade earlier Tuesday, the Montreal Canadiens are still faced with a goalie crunch caused by taking on netminder Casey DeSmith from the Pittsburgh Penguins. Speaking with reporters today, GM Kent Hughes said he’s talked to DeSmith and asked him “to be patient.” Hughes is undecided on whether to keep DeSmith or trade someone else (Jake Allen or Samuel Montembeault) off the roster to make room for the 32-year-old, who started a career-high 33 games for the Penguins last season.
More must-reads: