All teams allow you to refund; if you do not opt for the refund, you get interest that varies by team. The Rangers / Flyers / etc are like 2%, whereas the Preds / Wild / etc are like 10% APR. The only time it's a big issue is if you're a season ticketholder of a really popular team like the Leafs. You can refund your tickets, but if you do, you go to the end of the queue if you decide to get them again say next season.
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