As we head into the first full week of the NFL lockout, it looks like Chicago Bears season ticket holders have some good news to perhaps sarcastically celebrate. The team will offer such fans full refunds for any games missed, according to Sean Jensen of the Sun-Times. But the Bears will not be paying any interest on those lost tickets.â†µ
The issue of interest seems largely spurred by an open letter to Detroit Lions fans written by team president Tom Lewand. In it, he writes:â†µ
In the event any games are cancelled, be assured we will provide you with a full refund, with simple interest, for any cancelled preseason or regular-season home games.â†µ
Although that sounds like a better deal than what the Bears are offering, Jensen points out that any accrued interest will likely be only "from the time the NFL announces cancellations and the refunds are delivered," which, even via snail mail, won't be that long of a period. In other words, don't quit your day jobs, season ticketeers.â†µ
Back in the here and now, we await the results of an April 6 hearing that will decide whether the players can block (via injunction) the lockout. The two sides may continue to negotiate in the meantime, if they so choose. Interestingly enough, the renewal deadline for Bears season ticket holders is April 7.