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St. Paul businesses brace for potential NHL lockout

The National Hockey League and its players have less than 10 days to reach a new collective bargaining agreement. The current contract expires on Sept. 15 and no new talks are scheduled. Businesses surrounding the Xcel Energy Center are concerned. Tom Reid, owner of Tom Reid's Hockey City Pub, tells WCCO Wild home games generate more than 30 percent of his annual business.
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The National Hockey League and its players have less than 10 days to reach a new collective bargaining agreement. The current contract expires on Sept. 15 and no new talks are scheduled. Businesses surrounding the Xcel Energy Center are concerned. Tom Reid, owner of Tom Reid's Hockey City Pub, tells WCCO Wild home games generate more than 30 percent of his annual business.

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The first home preseason game is Sept. 26, and the first regular season home game is Oct. 13.

WCCO notes the Minnesota Wild sold roughly 4,000 season tickets since the team signed Zach Parise and Ryan Suter.

This would be the second NHL lockout since the 2004-2005 season -- which was a complete loss.

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Related

NHL lockout threat looms

The Minnesota Wild are preparing for training camps, but the chance that the camps actually open across the NHL as scheduled is growing less likely by the day, the Star Tribune reports. Labor negotiations between the NHL and the NHL Players' Association ended abruptly Friday. No future talks have been scheduled, and with the collective bargaining agreement set to expire in 12 days, a second lockout in eight years appears inevitable.

Xcel Energy Center undergoes first major upgrade

The Minnesota Wild is investing about $1 million to build two-dozen loge boxes at the St. Paul arena, the Business Journal reports. The four-person upscale boxes are priced at about $50,000 per year, compared to $180,000 for a suite. The new premium seating is expected to be ready for the hockey team's first preseason game on Sept. 26.

NHL lockout talks to resume Tuesday

The NHL lockout has already wiped out the first two weeks of the regular season, and more games could be cancelled soon unless a resolution is reached. The good news is that labor negotiations will resume Tuesday, with the main issue - hockey related revenue - being discussed.