A quick hitter, dear readers, and one worth paying attention to if you are a Penguins season-ticket holder.
STHs received this letter from the team, signed by senior VP David Peart, on Monday. Important points are BOLDED:
Dear Penguins Season Ticket Holder:
As you know, the National Hockey League did not reach a new Collective Bargaining Agreement with the Players Association before the September 15 deadline, necessitating a work stoppage. The NHL still is hopeful that it can negotiate a new CBA with the players before any games must be cancelled. However, in anticipation of your questions and concerns about payments you already have made for your season tickets, we have established the following options:
- The Penguins will provide a full refund for all games cancelled by the league if requested by you in writing.
- Refunds, if requested, will be taken care of within 10 business days of the last day of each month and will be based on the number of games cancelled that month.
- If you choose not to request a refund, your season ticket payments will remain with the Penguins and be applied toward future games, playoff games or future season ticket renewals.
- For accounts paid in full that do not request a refund, we will pay simple interest calculated at an annual rate of 1.5 percent. The interest will be calculated from the time at which a particular game is cancelled until the last day of the month for which the refund is owed.
We appreciate your continued support.
Senior Vice President
So, there you go.
Now, as Josh Yohe reported in today’s Trib, there is no plan for the franchise to layoff any employees during the lockout. However, that could change depending on how long the lockout lasts.
The NHL enacted a lockout when the CBA expired at 11:59 p.m. on Saturday. The first regular-season game is slated for Oct. 12 at home against the New York Islanders.
More here on this and other Penguins/CBA matters Tuesday on all Trib Total Media platforms.