Originally posted on Pro Sports Daily  |  Last updated 7/29/13
It’s always been mind-blowing to think that the Minnesota Wild – sold-out main attraction in THE STATE OF HOCKEY – could be an annual money-losing franchise. Granted missing the Stanley Cup Playoffs doesn’t exactly fill the coffers but this is like cultivating the richest soil on the farm and only being able to grow dandelions. The losses haven’t been massive in past years but columnist Charlie Walters of the Pioneer Press reported on Sunday that the Wild ran up a significant debt in the 2012-13 lockout shortened NHL season even as a playoff team. From the Press: A little birdie says the Wild lost $30 million during their abbreviated 2012-13 season and a cash call was made to team investors in February. The Wild paid bonuses totaling $20 million to sign free agents Zach Parise and Ryan Suter. So do we blame the NHL lockout for this reported debt or owner Craig Leipold’s up-front money to Parise and Suter? This isn’t the first “little birdie” to chirp at Walters. It’s fairly obvious he has a source with knowledge of Wild ownership. From Aug. 2012: 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. There was another cash call in November as the Wild sought to fund the team through the NHL lockout.
Ios_download En_app_rgb_wo_45

Philip Rivers used silent count at home on Monday night

SEC commissioner responds to Arkansas coach’s flop during Saturday’s loss

Report: 49ers put Vernon Davis on the trade block

Wall to pay assistant coach $100 for every three-turnover game

Green fires back at critics, compares them to ‘bitter females’

The Islanders are wasting a roster spot on Eric Boulton


Ben Foster: PEDs I took to play Lance Armstrong 'definitely damaged' my body

Falcons ‘anticipate’ Julio Jones plays Thursday against Saints

Mets fan critically injured after fight with Dodgers fans

Belichick to Patriots: We’ll ‘win a lot of games’ playing like that

Report: Taylor could be out several weeks with MCL sprain

Richard Jefferson: Cavs 'are a little pissed off' after Finals

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

Five most overrated teams in the Week 7 Coaches’ Poll

Can any of the NFL's remaining undefeated teams go 16-0?

QUIZ: Every team Steve Spurrier played for, coached

What's changed, what hasn't: NBA's Southwest Division

DeAndre Hopkins on pace to shatter single-season target record

(Mis)handling David Price

Five fantasy things we learned from every NFL Week 5 game

Steve Spurrier: An American original

How the Royals cheated death

Citi Field gave Chase Utley chilly reception

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker