Like all NHL owners, Capitals owner Ted Leonsis has been asked to refrain from commenting on negotiations between the league and its players.
But with Saturday's midnight deadline for a new CBA approaching, Leonsis took the opportunity to send this letter to Capitals season ticket holders, asking for their continued support as the league embraces for its second work stoppage in eight years.
Sept. 13, 2012
Dear Season Ticket Holder:
As you know, the National Hockey League and the players association are in the process of negotiating a new Collective Bargaining Agreement. The current CBA expires Sept. 15 and while we hope to successfully reach an agreement by that date, there remains the possibility that negotiations for a successor agreement will not be concluded and a work stoppage may ensue. If that happens, training camps may not open on time and games may be cancelled. If that occurs we have adopted a set of policies and procedures regarding your season ticket holder account.
Obviously, we will not charge your account for any NHL game, preseason or regular season, that is not played. If an agreement is not reached by Sept. 15 we will suspend our monthly payment plan and your account will not be charged until further notice. In appreciation of your continued support and loyalty we would like to provide you with a 1 percent APR interest on the funds you have on account related to games that are not played. In the days ahead you will receive additional information that goes into greater detail regarding the interest and refund policy.
I want to assure you that the NHLs priority is to reach an agreement with the players. We all want to talk about exciting games, upcoming opponents and great plays, not the nuances of labor negotiation. We get it -- and I empathize with you.
All of us at the Capitals appreciate your support and the passion you bring to Verizon Center. In a few short years you have turned our arena into one of the best and loudest buildings in the NHL. We all appreciate your loyalty and I hope to see you all very soon at Kettler Capitals Iceplex and Verizon Center.
With my appreciation and gratitude,
Founder, Chairman, Majority Owner and CEO
Monumental Sports and Entertainment