NHL lockout: Wild paying season ticket holders interest - KMSP-TV

Wild to offer refunds, pay season ticket holders 10 percent interest

Posted: Updated:
ST. PAUL, Minn. (KMSP) -

The Minnesota Wild is paying its season ticket holders 10 percent interest as an incentive to keep money in their accounts during the NHL lockout.

Monday marks day two of the NHL lockout. No talks are scheduled and the players and owners seem to be in no hurry to get reach an agreement in time for preseason games, which were scheduled to begin next week.

Once a deal is reached and the lockout is lifted, the Wild will credit season ticket holders for any missed games, plus 10 percent interest on the dollar value of tickets for those games. That credit can be applied toward future games, playoffs or season ticket renewals.

Wild fans are still able to get a refund for the games they have purchased by contacting their account representative. Refunds will not be given until after the NHL has confirmed any canceled games will not be rescheduled.

MONDAY, SEPT. 17 LETTER TO MINNESOTA WILD SEASON TICKET HOLDERS

The Collective Bargaining Agreement (CBA) between the NHL and the Players' Association expired without a new agreement having been reached. As a result, the opening of training camps may be delayed and it is possible that games in the 2012-13 regular season may be cancelled. The Wild organization apologizes for the inconvenience this necessary action will cause our loyal fans.

Our relationship with you, a valued Season Ticket Holder, is very important to us, and we have put in place a program which we believe will allow you to add value to your investment with the Wild, even if games are missed.

Once a new CBA is agreed upon, you will receive a credit on your account for missed games, if any, plus 10% interest (APR) on the dollar value of tickets for those games (that interest will be calculated on a daily basis between the date of the cancelled game and the date of the newly confirmed NHL season schedule). The ensuing credit on your account for the value of missed games and calculated interest can be applied toward future games, playoffs or subsequent season renewals.

If you find it necessary to forego the game credit and interest payment approach, we request that you contact your account representative to initiate the refund process for the value of any cancelled games which are not rescheduled. To allow for the possibility of rescheduled games, refunds will not begin until after the NHL has confirmed any cancelled games will not be rescheduled.

As always, please feel free to contact , your Fan Relations Account Representative at with any questions or concerns you may have. In addition, we've produced an online FAQ document that you can access at www.wild.com/cbanews.

We look forward to welcoming you back to Xcel Energy Center!

Matt Majka, Operating Officer

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