Kukla's Korner Hockey
by George Malik on 08/11/12 at 09:20 PM ET
On a very slow Saturday evening that probably serves as a prelude to some serious-ass CBA fireworks come Tuesday, the Pioneer Press’s Charley Walters suggests that the Minnesota Wild’s lockout-proofing of Zach Parise and Ryan Suter may require a lickety split infusion of bucks from the team’s various owners, Board of Governors negotiating representative Craig Leipold included:
The Minnesota Wild have to pay $10 million bonuses by Saturday, Aug. 18, to each of the star free agents they signed in July, Zach Parise and Ryan Suter.
With those bonuses due, a little birdie says, virtually all of the Wild’s 11 limited partners last week agreed to commit to a total capital call of $10 million. Principal partner Craig Leipold is expected to fund the remaining $10 million.
Parise and Suter each agreed to $98 million, 13-year contracts July 4, with the signing bonuses due within 45 days.
If there is a NHL lockout—the league’s labor contract expires Sept. 15—Wild investors could be asked to commit to another cash call. That could occur as early as November.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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