With no championship title to call their own, St. Louis hockey fans have been singing the blues for a long time. St. Louis Blues Hockey Club operates a professional ice hockey team that entered the National Hockey League in 1967 but has yet to capture a Stanley Cup championship. Despite many playoff appearances, St. Louis boasts just two appearances in the final round of the NHL playoffs during back-to-back seasons in 1969 and 1970. The franchise plays host at St. Louis' Scottrade Center. An investment group led by former New York Knicks president Dave Checketts has owned the Blues since 2006.
Checketts, who was also formerly the CEO of Madison Square Garden (which oversees both the Knicks and the New York Rangers, in addition to their historic home venue), bought the team through Sports Capital Partners along with Dean Howes, Mike McCarthy, and Ken Munoz. The group, which owns Real Salt Lake of Major League Soccer, purchased the franchise and its arena from Bill Laurie and his wife Nancy (daughter of Wal-Mart founder James "Bud" Walton) for about $150 million.
Following the acquisition of the Blues, Sports Capital Partners negotiated an arena naming rights deal with local stock brokerage firm Scottrade, renaming the team's home ice Scottrade Center. It was previously called Savvis Center under a long-term marketing deal with Savvis Communications.
The Lauries, who had acquired the team in 1999, put the Blues up for sale in 2005 during the labor lockout that forced the cancellation of the 2004-05 season. When hockey resumed in 2005, the Blues struggled early in the season, prompting the Lauries to sell off much of the team's talent to reduce expenses while awaiting an offer on the franchise.
Sidney Salomon, Jr., and his son Sidney Salomon III were first awarded the hockey franchise in St. Louis. The 1967 NHL expansion also saw the addition of such teams as the Los Angeles Kings, Minnesota North Stars (now the Dallas Stars), the Philadelphia Flyers, and the Pittsburgh Penguins.
▲ Show Less▼ Show Full Description