If the NHL doesn't cancel the 2013 Winter Classic, then it will start to owe the University of Michigan considerably more money.
The league is responsible for the $100,000 deposit they made regardless of what happens. However, they owe the University of Michigan $250,000 on Friday and any expensive linked to the contest starting Saturday. They would also have to pay an additional $1 million on Dec. 7 and again on Dec. 28. After the event, the NHL would owe another $650,000 on Jan. 18. The NHL can avoid all those costs, except for the deposit, if they cancel the game on Thursday or Friday. That's an incredibly likely scenario due to the lockout. Unfortunately for those of us that were looking forward to the game, this is just one more lockout casualty. However, this loss has extra significance given that the Winter Classic has evolved into an event unique to the NHL and popular with a far wider audience than your typical regular season game. The NHL has ruled out the possibility of rescheduling the 2013 Winter Classic if there's a CBA settlement, so if they cancel it then it's gone for good.
Thu, Nov 1, 2012 10:36:00 AM