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09-21-2012, 11:22 AM
  #190
Looch
B's, C's & Sox
 
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Join Date: Jun 2009
Location: Gilford, NH
Country: United States
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Quote:
Originally Posted by GKJ View Post
Here is an excerpt of an email I just received:
The bigger question, If you are currently on a payment plan that has payment that run through December or January, are they going to continue to force you to make those payment during the lockout?

I have ST's in Boston and Minnesota. Boston is forcing all ST's to continue to make payment during the lockout, regardless whether they choose to get monthly refund or they choose the 3% APR interest and a price freeze in '13-14...which I find ridiculous. Minnesota is suspending all payments for all STH's regard ell if they choose monthly refunds or take the 10% interest.

Quote:
Originally Posted by Murphy7 View Post
Interest rates offered to STH by team: Flyers 2%, Anaheim 5%, Boston 3% (locks in 13-14 season), Buffalo 4%, Chicago 2%, Dallas 5%, Los Angeles 5%, Toronto 5%, Washington 1%, Winnipeg 3%. Among 10 teams that have announced, the average is 3.5%
Minnesota is offering 10% interest...


Quote:
September 17, 2012

Re: 9569XXX

Dear Buddy ,

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.

Your remaining payments, due on October 15, November 15, December 14, and January 15, will not be charged until a new CBA agreement has been reached. Once the 2012-2013 season is confirmed, we will resume any remaining payment on the 15th of the following month.

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 once the funds in your season ticket account exceed the value of remaining scheduled 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. Refunds will only be made once the funds in your season ticket account exceed the value of the remaining scheduled games.

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

Chief Operating Officer

Minnesota Wild

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