Look for the Wild to make an offseason to-do list that could include signing New Jersey’s Zach Parise or Nashville’s Ryan Suter, or both.
That’s the opinion of an NHL expert who told Sports Headliners the franchise wants to improve its scoring and upgrade its image by adding a talented player or two. Parise, who was born in Minneapolis, ranks in the top 25 this season in both goals and points. Suter, a defenseman with Nashville, was an NHL All-Star this year. Both have expiring contracts.
Possibly complicating the offseason for the Wild, though, is a looming NHL labor strike that would hit the franchise’s budget if the season were shortened or cancelled. The NHL collective bargaining agreement expires September 15 and famous negotiator Donald Fehr will represent the players.
The NHL expert said the Wild lost over $20 million during the NHL “work stoppage” 2004-05 season. This season, assuming the Wild don’t’ make the playoffs, will result in a loss of at least $8 million, he said.
The team has only 12 regular season games remaining and is 13th among 15 Western Conference teams in total points. After a strong start to the season, the Wild has faltered badly and appears almost certain to miss the playoffs for a fourth consecutive year.
Season tickets totals have been declining in recent years and the NHL expert believes perhaps up to 25 percent of season tickets might not be renewed in 2012. The total season tickets could drop to the 8,000-9,000 range, or roughly half of the franchise’s all-time high. “It’s hard for fans to plop down money with the team they put on the ice,” the source said.
The disappointing season on the ice can impact future revenue streams beyond season tickets. Areas like sponsorships, suites and signage.
The Wild haven’t been able to score goals and lack the depth to replace injured players. Mikko Koivu, Pierre-Marc Bouchard and Guillaume Latendresse have been among the contributors unable to play. “They pretty much have to play a perfect game to win,” the source said.
First year coach Mike Yeo isn’t to blame for the disappointing season. “I don’t think you can point a finger at him,” the source said. “There have been so many lineup changes and injuries.”
The source believes the Wild may trade veteran goalie Niklas Backstrom during the offseason. That would relieve the team of an estimated $6 million salary, money that could be used trying to sign a Parise or Suter. But even with the addition of some star power, the Wild will be trying to rebuild with young players.
“The Wild are basing a lot of their future on young players acquired through the draft and trades,” the NHL expert said. “There’s no guarantee all those guys are going to make it. It’s going to take awhile for them to get acclimated into the league and make any kind of impact.”