Minnesota Wild to cut employee hours as lockout drags on
by Jim Rich
ST. PAUL, Minn. (KMSP) -
With the NHL lockout on day 73, the managers for the Minnesota Wild say the work week for all staff will be cut to four days, resulting in a 20 percent pay cut.
Though they insist they held out as long as possible, the changes will take effect on Dec. 9 unless a deal is reached beforehand. Officials say the cuts will affect 200 employees; however, it should help them avoid layoffs for now.
It's estimated that the team loses about $1 million for each home game that has been postponed.
Federal mediation will start between the owners and the players on Wednesday.
The only ones who aren't hurting under the lockout are the two players the Wild signed this summer -- who some say are the reason for the lockout. Zach Parise and Ryan Suter signed matching $98 million deals and were lockout protected. That means they have already received $10 million of the $12 they are were owed for the season.