Vikings: We Made A Mistake With Peterson NFL Could Intervene In Greg Hardy Case Atlanta Mayor Vows City Won't Lose Hawks CFL Argos Owner Addresses Potential Buyers Selig Talks Mets Discrimination Suit, Payroll NBA Kings Experimenting With 3D Printing Technology Peter Guber To Buy OKC's Triple-A Team Vikings Reinstate Peterson Despite Abuse Charges Red Wings To Unveil Latest Drawings Of New Arena Panthers' Greg Hardy Could Play This Week
Upcoming Conferences and Events
THE WHALE PLEDGES TO REMAIN IN HARTFORD UNTIL 1999
Published October 20, 1994
Whalers GM Jim Rutherford said yesterday that if the entire NHL season is canceled because of the labor dispute, the team will not count its projected $8M loss against a four-year minimum guarantee to remain in Hartford. As part of the June sale agreement with the CT Development Authority, the new Whalers ownership group is allowed to move to another city if it has suffered cumulative operating losses of more than $30M after 4 years. Rutherford assured fans that if there is no hockey this season, the ownership group will pledge to remain in Hartford through the 1998-99 season. Rutherford, however, did say that if "half or three-quarters of the season is played," then the team will consider that a full season: "I believe this is evidence of our commitment to Hartford. We believe that it can work here if we can get a collective bargaining agreement that makes sense." Rutherford added that under the current CBA, the Whalers projected losses for a full 84-game season would be $9M. A canceled season will cost the team close to $8M (Jeff Jacobs, HARTFORD COURANT, 10/20).