Wolf Pack to remain in Hartford for the foreseeable future
The future starts on Trumbull street in Hartford. The Wolf Pack will remain in Hartford as Madison Square Garden and Spectra signed a new lease agreement for two years. However, the entire lease is a five year deal. The first two years is the first stage. Years three to five (three one year extensions) can be exercised when the the times comes. Either parties have the opportunity to continue or end the lease after two years.
The variable depend on the long term future of the XL Center. The aging arena is over 40 years off and is need of upgrades. Currently the arena runs in the red yearly with the state of Connecticut subsidizing operations. Any extensive renovations brings the arena to the black.
To add in more to the situation, the XL Center is getting put for sale this spring. If a buyer emerges, the lease can be renegotiate for both parties. There is plenty left to solve for the long term status of the Wolf Pack’s home. Stay tuned!
The Wolf Pack have served as the Rangers American Hockey League farm team since 1997-98 season. This is the second longest continuous relationship between an National Hockey League Organization and a single American Hockey League market. Only the Providence Bruins (with Boston) is ahead of Hartford with 26 seasons.